$1,483 Closing Credit*
$124,900
784 SqFt
2 Beds
•1 Full Bath
Janet S McConnell, Listing Office: Barnett Inc. Realtors
Is New Philadelphia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, New Philadelphia has remained a Seller's Market.
Key Takeaway
New Philadelphia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in New Philadelphia, OH
How much do homes in New Philadelphia, OH cost?
Median Sold Price
$194,166
$110/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$3,841(+2.0%)
Key Takeaway
Homes in New Philadelphia have sold for 2% more than they did a year ago.
Summary: The median home sold price in New Philadelphia was $194,166 in October 2024, up 2% from last year, and the median price per square foot was $110.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $41K | $59.9K | +46.1% |
| 2 Bedrooms | $140K | $122.9K | -12.2% |
| 3 Bedrooms | $190.9K | $195.5K | +2.4% |
| 4 Bedrooms | $250K | $284.9K | +14.0% |
| 5+ Bedrooms | $267.5K | $255K | -4.7% |
Summary: New Philadelphia housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 46.1%, 2 bedroom homes decreased by 12.2%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 14%, and 5+ bedroom homes decreased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Fairfield Township | $205K | $255K | +24.4% |
| Dover | $200.6K | $215.3K | +7.3% |
| Dover Township | $201.3K | $215.3K | +7.0% |
| New Philadelphia | $190.3K | $194.1K | +2.0% |
| Goshen Township | $212.5K | $212K | -0.2% |
Housing Supply in New Philadelphia, OH
How many homes are available in New Philadelphia, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 69 | 71 | +2.9% |
Summary: The New Philadelphia real estate market had 71 homes for sale in October 2024, a 2.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 12 | 14 | +16.7% |
| 3 Bedrooms | 42 | 41 | -2.4% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The New Philadelphia housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 23 | 21 | -8.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in New Philadelphia, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in New Philadelphia in October 2024, down by 8.7% month-over-month. Of the 20 sold homes, 55% were sold under asking, 15% were sold at asking, and 30% were sold over asking.
Days on Market for New Philadelphia, OH
How long does it take to sell a home in New Philadelphia, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 37 Days | 32 Days | -13.6% |
Summary: Homes in New Philadelphia had an average of 32 days on market in Oct 2024, down by 13.6% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in New Philadelphia has remained consistent over time.
Summary: During October 2024, 21 homes were sold in New Philadelphia; 43% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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