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 seller's market

Buyer's
Market

Difference Since November 2023

Since last year, New Paris has remained a Seller's Market.

Key Takeaway

New Paris is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in New Paris, OH

How much do homes in New Paris, OH cost?

Median Sold Price

$165,500

$118/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$6,500(+4.1%)

Key Takeaway

Homes in New Paris have sold for 4.1% more than they did a year ago.

Summary: The median home sold price in New Paris was $165,500 in November 2024, up 4.1% from last year, and the median price per square foot was $118.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $143.9K$135K
-6.2%
3 $192.2K$215K
+11.8%
4 $165K$187K
+13.3%
5+ -$475K
N/A

Summary: New Paris housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 11.8%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Jefferson Township
+11.1%
New Paris
+4.1%

Housing Supply in New Paris, OH

How many homes are available in New Paris, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2023+15.0%

Summary: The New Paris real estate market had 23 homes for sale in November 2024, a 15.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 66
0.0%
3 912
+33.3%
4 55
0.0%
5+ 00
0.0%

Summary: The New Paris housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were 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. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in New Paris in November 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% 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 2 Days Ago

Newest Listings in New Paris, OH

Nearby Markets to New Paris, OH