Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
With a population of 5,693, 2,095 total housing units (homes and apartments), and a median house value of $86,818, house prices in New Carlisle are some of the most affordable in Ohio as well as the nation.
Single-family detached homes are the single most common housing type in New Carlisle, accounting for 82.85% of the city's housing units. Other types of housing that are prevalent in New Carlisle include duplexes, homes converted to apartments or other small apartment buildings ( 6.17%), large apartment complexes or high rise apartments ( 5.40%), and a few row houses and other attached homes ( 5.10%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in New Carlisle. Owner-occupied housing accounts for 66.07% of New Carlisle's homes, and 75.17% have either three or four bedrooms, which is average sized relative to America.
At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. New Carlisle's housing was primarily built during this period, from the '40s through the '60s. A full 56.73% of the city's housing hails from this era. Other housing ages represented in New Carlisle include homes built between 1970-1999 ( 28.47%) and housing constructed before 1939 ( 12.44%). There's also some housing in New Carlisle built between 2000 and later ( 2.36%).
Vacant housing appears to be an issue in New Carlisle. Fully 10.16% of the housing stock is classified as vacant. Left unchecked, vacant New Carlisle homes and apartments can be a drag on the real estate market, holding New Carlisle real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.
New Carlisle's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in New Carlisle during the period has been just -1.15%, which is lower than 70% of US communities.
Over the last year, New Carlisle appreciation rates have trailed the rest of the nation. In the last twelve months, New Carlisle's appreciation rate has been -5.39%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in New Carlisle were at -5.89%, which equates to an annual appreciation rate of -21.56%.
Notably, New Carlisle's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Ohio, our data show that New Carlisle's latest annual appreciation rate is lower than 90% of the other cities and towns in Ohio.
|$766,001 - $1,021,000||0.0|
|$511,001 - $766,000||0.0|
|$409,001 - $511,000||0.0|
|$306,001 - $409,000||1.3|
|$204,001 - $306,000||3.2|
|$102,001 - $204,000||28.8|
|$51,001 - $102,000||59.7|
|$0 - $51,000||7.0|
|Value Relative to Nation||Value Relative to State|
|Time Period||Total Appreciation||Avg. Annual Rate||
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
2000 Q1 - 2017 Q1
|* 10 is highest|
|AGE OF New Carlisle HOMES|
|2000 or Newer||2.4|
|1970 - 1999||28.5|
|1940 - 1969||56.7|
|1939 or Older||12.4|
|TYPE OF New Carlisle HOMES|
|Small Apt. Buildings||6.2|
|SIZE OF New Carlisle HOMES|
|5 or more bedrooms||2.87|