Market Overview
Home Prices in New Miami, OH
The median home value in New Miami, OH is $155,061 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 6.8% compared to a year ago and up 0.6% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Miami are priced62% below average. New Miami is part of the Cincinnati, OH-KY-IN metro area.
Over the past five years, New Miami home values have risen by approximately29.1%, reflecting strong long-term appreciation in this market.
Price History
New Miami Home Price Trend
City Comparison
New Miami vs. National Median
At $155,061, homes in New Miami cost 62% below the national median of $410,000. This makes New Miami a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Miami?
20% Down Payment
$31,012
on $155,061
Monthly P&I
$809/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,027/mo
incl. taxes & insurance
Income Needed
$41,080
gross annual (30% rule)
10% Down Option
$15,506
+ PMI applies
Loan Amount (20% dn)
$124,049
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 Miami, OH?
The median home value in New Miami is $155,061 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 6.8% year-over-year.
How much have home prices changed in New Miami?
Over the past year, home values in New Miami have increased by 6.8%. Over five years, prices have risen approximately 29.1%.
How much do I need to earn to buy a home in New Miami?
To comfortably afford the median home price of $155,061 with a 20% down payment ($31,012) at today's rates (6.8%), you'd need a gross annual income of approximately $41,080. This assumes keeping total housing costs at or below 30% of gross income.
How does New Miami compare to the national average home price?
The national median home value is approximately $410,000. At $155,061, homes in New Miami are 62% below the national average.
What metro area is New Miami part of?
New Miami is part of the Cincinnati, OH-KY-IN metropolitan area. Home prices and market conditions can vary across the broader metro region.