Is New Paris, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Paris is a buyer's market

Buyer's
Market

Difference Since December 2023

At the same time last year, New Paris was a Seller's Market.

Key Takeaway

New Paris is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in New Paris, OH

How much do homes in New Paris, OH cost?

Median Sold Price

$168,000

$122/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$21,550(+14.7%)

Key Takeaway

Homes in New Paris have sold for 14.7% more than they did a year ago.

Summary: The median home sold price in New Paris was $168,000 in December 2024, up 14.7% from last year, and the median price per square foot was $122.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $132.5K$138.5K
+4.5%
3 $214.5K$190K
-11.4%
4 $165K$183.5K
+11.2%
5+ -$475K
N/A

Summary: New Paris housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes increased by 11.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

New Paris
+14.7%
Jefferson Township
+12.3%

Housing Supply in New Paris, OH

How many homes are available in New Paris, OH?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
2219-13.6%

Summary: The New Paris real estate market had 19 homes for sale in December 2024, a 13.6% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 56
+20.0%
3 129
-25.0%
4 54
-20.0%
5+ 00
0.0%

Summary: The New Paris housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 25%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Paris, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in New Paris in December 2024, down by 60.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for New Paris, OH

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in New Paris, OH

Nearby Markets to New Paris, OH