Is New Paris, OH 45347 a buyer’s or seller’s market?

The New Paris housing market right now

In the three months ending August 31, 2026, 17% of homes in New Paris, OH 45347 sold above their list price, the typical home went under contract in 76 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 6 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 29%, homes sold more slowly (37 days then) and the median sale price fell 10% to $161,430. Overall, New Paris is less competitive than a year ago, which gives buyers more room.

Within Preble County, homes here sell more slowly than in 87% of the county’s ZIP codes, and sell less often over asking than in 62%.

Nearby, buyers who want less competition could look at West Manchester 45382 (0% sold over asking) or Verona 45378 (0% sold over asking), while Eldorado 45321 (50% sold over asking) and Lewisburg 45338 (44% sold over asking) are even more competitive.