Real Estate Investing in New Philadelphia, Ohio

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1 ZIP codes • Population: 24,732 • Tuscarawas County

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Should you buy in New Philadelphia, OH? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (75/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $208,552
Avg Monthly Rent $1,200
ZIP Codes 1

Investing in New Philadelphia Real Estate

This is a distressed-leaning corner of Ohio: New Philadelphia has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

Investors considering New Philadelphia, OH should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Rent trends and price trends in New Philadelphia are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Ohio.

Distressed-leaning demographics in New Philadelphia — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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Best ZIP codes in New Philadelphia-Dover, OH

New Philadelphia is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$208,552
Avg Monthly Rent
$1,200
1% Rule
✗ Below
Landlord Friendly (OH)

🎓 Colleges & Universities in New Philadelphia

2 Colleges 1,965 Students 673 Off-Campus Renters
B
Buckeye Joint Vocational School
Vocational Public · 80 students
C
Kent State University at Tuscarawas
4-Year Public · 1,885 students
📍 ~620 students rent off-campus

Investor Insight: With 673 students living off-campus, New Philadelphia has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in New Philadelphia, OH

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Frequently Asked Questions About New Philadelphia, OH

Is it easy to find good tenants in New Philadelphia, OH?

Tenant demand in New Philadelphia, OH is solid. The local workforce $1,200/mo rents across most rental classes.

Is real estate in New Philadelphia, OH a good investment right now?

New Philadelphia, OH rates 3.0/5 for investability. With median values at $209K and rents near $1,200/mo, the market offers reasonable fundamentals for rental investors.

What is the rental occupancy rate in New Philadelphia, OH?

New Philadelphia, OH vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How landlord-friendly is New Philadelphia, OH?

The landlord environment in New Philadelphia, OH is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.

How do home values compare in New Philadelphia, OH?

In New Philadelphia, OH the median home value sits at $209K. Against the broader OH market, that reads as reasonable for most investors.

Community Ratings

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