Market Overview
Home Prices in New Marshfield, OH
The median home value in New Marshfield, OH is $141,996 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 5.5% compared to a year ago and down 1.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Marshfield are priced65% below average. New Marshfield is part of the Athens, OH metro area.
Over the past five years, New Marshfield home values have risen by approximately14.5%, reflecting steady appreciation in this market.
Price History
New Marshfield Home Price Trend
City Comparison
New Marshfield vs. National Median
At $141,996, homes in New Marshfield cost 65% below the national median of $410,000. This makes New Marshfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Marshfield?
20% Down Payment
$28,399
on $141,996
Monthly P&I
$741/mo
30-yr @ 6.8%
Total Monthly Est.
~$941/mo
incl. taxes & insurance
Income Needed
$37,640
gross annual (30% rule)
10% Down Option
$14,200
+ PMI applies
Loan Amount (20% dn)
$113,597
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 Marshfield, OH?
The median home value in New Marshfield is $141,996 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 5.5% year-over-year.
How much have home prices changed in New Marshfield?
Over the past year, home values in New Marshfield have increased by 5.5%. Over five years, prices have risen approximately 14.5%.
How much do I need to earn to buy a home in New Marshfield?
To comfortably afford the median home price of $141,996 with a 20% down payment ($28,399) at today's rates (6.8%), you'd need a gross annual income of approximately $37,640. This assumes keeping total housing costs at or below 30% of gross income.
How does New Marshfield compare to the national average home price?
The national median home value is approximately $410,000. At $141,996, homes in New Marshfield are 65% below the national average.
What metro area is New Marshfield part of?
New Marshfield is part of the Athens, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.