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New Paris village, OH

ZIP 45347 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 45347

Median Home Value
$139,200
Median Rent
$598
Affordability Snapshot
$38,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$894/mo PITI).

11%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.0x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

19.4 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 45347 in New Paris village, OH, a household would need roughly $38,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $894. That sits below the local median household income ($68,073), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
81.1%+24% vs US avg
x
Vacancy Rate
7.5%-27% vs US avg
x
Broadband Access
83.6%-4% vs US avg
x
4+ Bedrooms
4.5%-70% vs US avg
x
Built Pre-1939
6.5%-49% vs US avg
x
Built Post-2014
1.1%-85% vs US avg
x
Rent Burden >30%
15.1%-70% vs US avg
x
Mortgage-Free
48.8%+28% vs US avg
x
$139,200
Home Value
$598
Rent
1964
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached87.8%
  • 1-unit attached2.5%
  • 2-9 units3.4%
  • 10+ units1.0%
  • Mobile home & other5.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$139,200
Median rent$598
Owner-occupied81.1%
Vacant7.5%
Price-to-income2.0x
Est. income to buy$38,000