Market Overview
Home Prices in New Knoxville, OH
The median home value in New Knoxville, OH is $268,895 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5% compared to a year ago and up 4.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Knoxville are priced34% below average. New Knoxville is part of the Wapakoneta, OH metro area.
Over the past five years, New Knoxville home values have risen by approximately33.9%, reflecting strong long-term appreciation in this market.
Price History
New Knoxville Home Price Trend
City Comparison
New Knoxville vs. National Median
At $268,895, homes in New Knoxville cost 34% below the national median of $410,000. This makes New Knoxville a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Knoxville?
20% Down Payment
$53,779
on $268,895
Monthly P&I
$1,402/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,781/mo
incl. taxes & insurance
Income Needed
$71,240
gross annual (30% rule)
10% Down Option
$26,890
+ PMI applies
Loan Amount (20% dn)
$215,116
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in New Knoxville, OH?
The median home value in New Knoxville is $268,895 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5% year-over-year.
How much have home prices changed in New Knoxville?
Over the past year, home values in New Knoxville have increased by 5%. Over five years, prices have risen approximately 33.9%.
How much do I need to earn to buy a home in New Knoxville?
To comfortably afford the median home price of $268,895 with a 20% down payment ($53,779) at today's rates (6.8%), you'd need a gross annual income of approximately $71,240. This assumes keeping total housing costs at or below 30% of gross income.
How does New Knoxville compare to the national average home price?
The national median home value is approximately $410,000. At $268,895, homes in New Knoxville are 34% below the national average.
What metro area is New Knoxville part of?
New Knoxville is part of the Wapakoneta, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.