Bankruptcy Homes in New Waterford, OH

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Home Value Estimator For New Waterford, OH

There are currently 977 real estate properties in New Waterford, OH, with a median automated valuation model (AVM) price of $175,508.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in New Waterford, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in New Waterford, OH, is $186,719.00, with the most expensive house in New Waterford, OH, topping out at $1,626,800.00 and the cheapest home in New Waterford, OH, clocking in at $18,080.00. In other words, there’s something for every potential homebuyer or savvy investor in New Waterford, OH!

Rent Prices In New Waterford, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in New Waterford, OH, is on a rollercoaster ride. The average rent price in New Waterford, OH, is $1,186.00. Indeed, when looking to rent in New Waterford, OH, you can expect to pay as little as $630.00 or as much as $1,980.00, with the average rent median estimated to be $1,180.00. The good news is that finding an affordable and desirable property to rent in New Waterford, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In New Waterford, OH In 2024

New Waterford is located in Columbiana, Ohio, with an estimated municipal population of 1,180 residents. All of the best foreclosed homes for sale in New Waterford are located in the following zip code areas on 44445. The estimated population per square kilometer (.62 miles) in New Waterford is 503.

Cost Of Living In New Waterford, OH

So, about how much do homes cost in New Waterford? The most recent median value of resident-owned homes in New Waterford is 95,283. An estimated 75.1 percent of households in New Waterford own their homes, with an average family size of 2.61. The median household income in New Waterford is 46,354, with12.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in New Waterford, the median commute time of resident workers (in minutes) is 26.9. And last, but certainly not least, are you looking for homes to rent in New Waterford? If so, the average rent price paid by renters in New Waterford is 525, according to recent statistics.

Diversity And Demographics In New Waterford, Ohio

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to New Waterford, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in New Waterford is 53.1, split between 45 percent male versus 55 female. The percentage of residents who report being married in New Waterford is 51.9, with an average family size of 2.61.

The percentage of residents who report their race in New Waterford is as follows:

White 98%
Black / African American 0%
Asian 0.8%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.2%
Other 0%

Looking for family-friendly neighborhoods in and/or near New Waterford? Or maybe you are searching for 55+ active adult communities in and/or near New Waterford?

The percentage of residents who report their age in New Waterford is as follows:

Under 10 5.3%
Aged 10-19 9.4%
20s 8.8%
30s 8.2%
40s 16%
50s 14.8%
60s 25%
70s 5.4%
80+ 7.1%

Best Schools In New Waterford, Ohio

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in New Waterford with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in New Waterford.

Pros And Cons Of Living In New Waterford, Ohio

How do you know that living in -- or moving to -- New Waterford is right where you need to be? Perhaps you grew up in New Waterford or already live nearby; therefore, the decision to buy a home in New Waterford is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to New Waterford for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in New Waterford:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like New Waterford.

Reasons To Move To New Waterford, Ohio, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in New Waterford can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in New Waterford, meanwhile, can field multiple offers from more qualified buyers.

New Waterford, OH Bankruptcy Homes


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