Market Overview
Home Prices in New Riegel, OH
The median home value in New Riegel, OH is $259,228 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 7.7% compared to a year ago and up 3.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Riegel are priced37% below average. New Riegel is part of the Tiffin, OH metro area.
Over the past five years, New Riegel home values have risen by approximately33.4%, reflecting strong long-term appreciation in this market.
Price History
New Riegel Home Price Trend
City Comparison
New Riegel vs. National Median
At $259,228, homes in New Riegel cost 37% below the national median of $410,000. This makes New Riegel a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Riegel?
20% Down Payment
$51,846
on $259,228
Monthly P&I
$1,352/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,717/mo
incl. taxes & insurance
Income Needed
$68,680
gross annual (30% rule)
10% Down Option
$25,923
+ PMI applies
Loan Amount (20% dn)
$207,382
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 Riegel, OH?
The median home value in New Riegel is $259,228 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 7.7% year-over-year.
How much have home prices changed in New Riegel?
Over the past year, home values in New Riegel have increased by 7.7%. Over five years, prices have risen approximately 33.4%.
How much do I need to earn to buy a home in New Riegel?
To comfortably afford the median home price of $259,228 with a 20% down payment ($51,846) at today's rates (6.8%), you'd need a gross annual income of approximately $68,680. This assumes keeping total housing costs at or below 30% of gross income.
How does New Riegel compare to the national average home price?
The national median home value is approximately $410,000. At $259,228, homes in New Riegel are 37% below the national average.
What metro area is New Riegel part of?
New Riegel is part of the Tiffin, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.