Why Live in New Richmond
New Richmond, Ohio, is a small village founded in 1814, situated along the scenic banks of the Ohio River and sharing a border with Kentucky. Known for its historic downtown and waterfront charm, New Richmond offers a close-knit community feel, making it an attractive option for commuters, located about 20 miles southeast of Cincinnati. The village features a mix of home styles, including modest bungalows, classic ranch-style homes, elegant Victorians, and contemporary builds, with many homes designed to mitigate flooding risks. Notable attractions include the world's only Cardboard Boat Racing Museum, the Ross-Gowdy House Museum, and the New Richmond Military Museum. Dining options range from the Green Kayak Grille & Pub to Front Street Café, providing a variety of American fare. Residents enjoy green spaces such as Haussermann Park, which offers historic markers detailing the Underground Railroad, and Plum Street Park, a family-friendly spot with a playground and basketball court. The Augusta Street Boat Launch and New Richmond Harbour provide picnic areas and benches along the flood wall. Each year, the village hosts RiverDays, a two-day event featuring the Cardboard Boat Race, carnival rides, food, live music, and fireworks. The New Richmond Exempted Village School District serves over 2,000 students, with schools receiving high ratings. Commuters benefit from the village's proximity to Cincinnati and the Cincinnati-Northern Kentucky International Airport, located about 30 miles away.
Frequently Asked Questions
What is the average home price in New Richmond, OH?
Homes for sale in New Richmond, OH have an average home price of $347,789.
How many homes have sold over the last 12 months in New Richmond, OH?
62 homes have sold in New Richmond, OH over the last 12 months.
What are the most popular zip codes in New Richmond, OH?
How much do you need to make to afford a house in New Richmond?
The median home price in New Richmond is $312,746. If you put a 20% down payment of $62,500 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,620 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $69K a year to afford the median home price in New Richmond.
How are the schools in New Richmond, OH?
Home Trends in New Richmond, OH
On average, homes in New Richmond, OH sell after 52 days on the market compared to the national average of 50 days. The median sale price for homes in New Richmond, OH over the last 12 months is $299,900, consistent with the median home sale price over the previous 12 months.
Median Sale Price
$299,900
Median Single Family Sale Price
$305,000
Average Price Per Sq Ft
$191
Number of Homes for Sale
20
Last 12 months Home Sales
62
Median List Price
$312,746
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%