A typical New Springfield home is worth about $227,000
Up 3.2% in a year, 9% below the Ohio typical home.
What kind of housing town is New Springfield?
Read from the numbers below. The page puts what stands out first.
A two-bedroom rents for about $980
Renters already here pay a median of $784, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Youngstown-Warren, OH MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
Up 30.2% in five years
About the same pace as Ohio (29.2%).
Show as a table
| January | New Springfield | Ohio |
|---|---|---|
| 2017 | $120,000 | $133,000 |
| 2018 | $125,000 | $141,000 |
| 2019 | $137,000 | $150,000 |
| 2020 | $144,000 | $158,000 |
| 2021 | $161,000 | $178,000 |
| 2022 | $173,000 | $195,000 |
| 2023 | $191,000 | $211,000 |
| 2024 | $204,000 | $224,000 |
| 2025 | $221,000 | $237,000 |
| 2026 | $223,000 | $245,000 |
| August 2026 | $227,000 | $249,000 |
A typical New Springfield home worth $119K in September 2016 is worth about $227K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A typical home costs 6.2 years of income
More than across Ohio (3.5 years). Try your own numbers below.
That’s $98K short of a typical New Springfield home.
A two-bedroom rents for about $980 a month here, $500 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, New Springfield’s typical property tax (1.51% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
42% of New Springfield households own their home
Half of New Springfield’s homes were built before 1959.
Ohio: 67% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Neighbors talk housing
What New Springfield buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.