New Lexington

Situated in Perry County, this small Ohio community of 4,479 residents currently has just 7 active listings on the market, reflecting a limited inventory environment for buyers. The median home price sits at $169,000, with an average price per square foot of $186 and typical home sizes around 1,970 square feet. The relatively modest median household income of $43,447 positions that price point at roughly 3.9 times annual income, which remains within reach for many local buyers compared to larger metro markets. The owner-occupancy rate of 48.0% indicates that renters make up a substantial portion of households, suggesting potential opportunity for investors seeking rental properties alongside primary residence buyers. Families with children would be served by New Lexington City School District. With inventory this tight, buyers should expect to move decisively when suitable properties appear, as limited supply can sustain price stability even in a smaller, income-constrained market.

Market description generated from current MLS and U.S. Census data.