Is New Richmond, OH 45157 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

New Richmond is a seller’s market. With about 3.5 months of supply and 27% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score49/ 100

More competitive than 50% of U.S. ZIP codes, and #343 of 489 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.5Under 4 months = seller’s market
Sold above original list27.3%Share of sales, last 3 months
Median sale-to-list99.3%Sold price ÷ list price
Median days on market66Listing to accepted offer
Median price per sq ft$209▲ +11.9% vs. last year

The New Richmond housing market right now

In the three months ending August 31, 2026, 27% of homes in New Richmond, OH 45157 sold above their list price, the typical home went under contract in 66 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 34 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 24%, homes sold more slowly (56 days then) and the median sale price rose 8% to $331,372. Overall, New Richmond is about as competitive as it was a year ago.

Within Clermont County, homes here sell more slowly than in 78% of the county’s ZIP codes, and sell less often over asking than in 56%. On our competition score, New Richmond ranks #343 of 489 OH ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Felicity 45120 (18% sold over asking) or Williamsburg 45176 (21% sold over asking), while Loveland 45140 (36% sold over asking) and Milford 45150 (35% sold over asking) are even more competitive.

Nearby markets

Amelia 45102Seller’s market $185 /sq ftBatavia 45103Seller’s market $182 /sq ftBethel 45106Seller’s market $198 /sq ftCincinnati 45245Seller’s market $182 /sq ft Browse all markets →

Where New Richmond is

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Questions about New Richmond real estate

Is New Richmond a buyer’s or seller’s market?

A seller’s market: there were 3.5 months of supply in New Richmond, OH 45157 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in New Richmond?

The typical home went under contract in 66 days in the latest three months.

Do homes in New Richmond sell over asking?

27% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.

What are property taxes in New Richmond?

About 1.25% of a home’s value a year in Clermont County, or roughly $5,000 on a $400,000 home.

What is the median home price in New Richmond?

The median sale price was $331,372 in the three months ending August 31, 2026, about $209 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology