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New London, OH Housing

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As of 2010-2014, median price of a house in New London is $84,300, which is lower than the state average of $129,600 and is much lower than the national average of $175,700. The New London median house value has grown by 5.64% since 2000. The growth rate for the price of a house in New London is lower than the state average rate of 24.98% and is much lower than the national average rate of 46.91%. The median year that a house in New London was built is 1954, which is older than the median year for a house built in the state which is 1967 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 517 Owner Occupied Houses in New London, OH, #795

New London, OH	84,300 USD
Ohio	129,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #865

New London, OH	5.64%
Ohio	24.98%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	New London, OH	Ohio	U.S.
Total Housing Units	950, see rank, 100%	5,135,173	132,741,033
Occupied Housing Units	866, 91.16%, see rank	88.99%	87.55%
Owner Occupied	517, 54.42%, see rank	59.52%	56.34%
Renter Occupied	349, 36.74%, see rank	29.48%	31.21%
Vacant Housing Units	84, 8.84%, see rank	11.01%	12.45%
For Rent	12, 1.26%, see rank	2.34%	2.34%
For Sale Only	9, 0.95%, see rank	1.24%	1.20%
Rented or Sold, Not Occupied	16, 1.68%, see rank	0.88%	0.92%
For Seasonal, Recreational, or Occasional Use	8, 0.84%, see rank	1.09%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	39, 4.11%, see rank	5.44%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #723

New London, OH	Ohio	U.S.
1954	1967	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	New London, OH	%	Ohio	U.S.
Owner-Occupied Units	517	100%	3,056,206	74,787,460
With a Mortgage	343	66.34%, see rank	66.04%	65.58%
Without a Mortgage	174	33.66%, see rank	33.96%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

New London, OH	885 USD
Ohio	1,274 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	New London, OH	%	Ohio	U.S.
$299 or Less	0	0.00%, see rank	0.23%	0.20%
$300 to $499	12	3.50%, see rank	2.18%	1.59%
$500 to $699	88	25.66%, see rank	6.80%	5.01%
$700 to $999	90	26.24%, see rank	20.08%	14.32%
$1,000 to $1,499	123	35.86%, see rank	35.36%	27.90%
$1,500 to $1,999	11	3.21%, see rank	19.46%	20.35%
$2,000 to $2,999	15	4.37%, see rank	12.09%	19.52%
$3,000 or More	4	1.17%, see rank	3.79%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

New London, OH	20.10% of the Total Income
Ohio	21.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	New London, OH	%	Ohio	U.S.
10% or Less	66	19.24%, see rank	6.41%	5.86%
10% to 20%	105	30.61%, see rank	36.96%	31.95%
20% to 30%	95	27.70%, see rank	28.24%	27.64%
30% to 40%	45	13.12%, see rank	12.07%	13.74%
40% or More	32	9.33%, see rank	15.95%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

New London, OH	388 USD
Ohio	442 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	New London, OH	%	Ohio	U.S.
$199 or Less	0	0.00%, see rank	5.13%	7.76%
$200 to $299	56	32.18%, see rank	14.20%	14.70%
$300 to $499	86	49.43%, see rank	42.71%	34.63%
$500 to $699	16	9.20%, see rank	23.95%	21.16%
$700 or More	16	9.20%, see rank	14.02%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

New London, OH	14.80% of the Total Income
Ohio	12.60% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	New London, OH	%	Ohio	U.S.
10% or Less	64	36.78%, see rank	38.42%	40.19%
10% to 20%	59	33.91%, see rank	34.59%	31.47%
20% to 30%	4	2.30%, see rank	12.85%	12.24%
30% to 40%	24	13.79%, see rank	5.47%	5.64%
40% or More	23	13.22%, see rank	7.60%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	New London, OH	Ohio	U.S.
Total Housing Units	950, 100%	5,135,173	132,741,033
1-unit, Detached	644, 67.79%, see rank	68.46%	61.65%
1-unit, Attached	3, 0.32%, see rank	4.55%	5.82%
2 Units	72, 7.58%, see rank	4.43%	3.75%
3 or 4 Units	53, 5.58%, see rank	4.45%	4.43%
5 to 9 Units	23, 2.42%, see rank	4.80%	4.78%
10 or More Units	58, 6.11%, see rank	9.35%	13.08%
Mobile Home, Boat, RV, Van, etc.	97, 10.21%, see rank	3.95%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	New London, OH	Ohio	U.S.
Total Housing Units	950, 100%	5,135,173	132,741,033
1 Room	8, 0.84%, see rank	1.26%	1.95%
2 Rooms	0, 0.00%, see rank	1.48%	2.48%
3 Rooms	64, 6.74%, see rank	6.77%	9.13%
4 Rooms	166, 17.47%, see rank	13.78%	16.60%
5 Rooms	88, 9.26%, see rank	19.68%	20.41%
6 Rooms	262, 27.58%, see rank	20.19%	18.06%
7 Rooms	155, 16.32%, see rank	14.38%	12.27%
8 Rooms	115, 12.11%, see rank	10.23%	8.48%
9 Rooms or More	92, 9.68%, see rank	12.22%	10.60%
Median Rooms	6.10, see rank	5.80	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	New London, OH	Ohio	U.S.
Total Housing Units	950, 100%	5,135,173	132,741,033
No Bedroom	8, 0.84%, see rank	1.39%	2.17%
1 Bedroom	108, 11.37%, see rank	9.42%	11.16%
2 Bedrooms	185, 19.47%, see rank	26.51%	26.69%
3 Bedrooms	448, 47.16%, see rank	42.46%	39.70%
4 Bedrooms	171, 18.00%, see rank	17.04%	16.05%
5 or More Bedrooms	30, 3.16%, see rank	3.18%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	New London, OH	Ohio	U.S.
Total Housing Units	866, 100%	4,570,015	116,211,092
Utility Gas	615, 71.02%, see rank	66.89%	48.85%
Bottled, Tank, or LP Gas	7, 0.81%, see rank	5.26%	4.86%
Electricity	201, 23.21%, see rank	22.05%	36.68%
Fuel Oil, Kerosene, etc.	4, 0.46%, see rank	2.60%	5.86%
Coal or Coke	0, 0.00%, see rank	0.07%	0.12%
Wood	32, 3.70%, see rank	2.02%	2.12%
Solar Energy	0, 0.00%, see rank	0.02%	0.05%
Other Fuel	7, 0.81%, see rank	0.72%	0.47%
No Fuel Used	0, 0.00%, see rank	0.37%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	New London, OH	Ohio	U.S.
Occupied Units Paying Rent	349, 100%	1,432,383	39,201,928
$199 or Less	11, 3.15%, see rank	2.68%	1.50%
$200 to $299	24, 6.88%, see rank	3.98%	3.18%
$300 to $499	81, 23.21%, see rank	11.48%	7.37%
$500 to $699	100, 28.65%, see rank	27.69%	16.01%
$700 to $999	113, 32.38%, see rank	34.69%	29.17%
$1,000 to $1,499	18, 5.16%, see rank	15.67%	26.88%
$1,500 to $1,999	2, 0.57%, see rank	2.43%	9.79%
$2,000 or More	0, 0.00%, see rank	1.39%	6.10%
Median	$660, see rank	$729	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	New London, OH	Ohio	U.S.
Occupied Housing Units	866, 100%	4,570,015	116,211,092
No Vehicles Available	47, 5.43%, see rank	8.41%	9.12%
1 Vehicles Available	278, 32.10%, see rank	33.90%	33.80%
2 Vehicles Available	350, 40.42%, see rank	37.74%	37.48%
3 or More Vehicles Available	191, 22.06%, see rank	19.95%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.