New Franklin, OH Real Estate

According to census data in the year 2000 there were 923 housing units in New Franklin.

Of those housing units, 923 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New Franklin is about 85.5%. New Franklin's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.4 people.

The majority of houses, apartments or condos in New Franklin were built after 1962.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom2.90%
Two Bedrooms20.90%
Three Bedrooms61.60%
Four Bedrooms12.10%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1961
Median Value of occupied units$126,200
Median Price asked for vacant units$176,800

Rented Homes, Apartments and Condos

Average Household Size1.66
Median year structure was built1967
Median Monthly Rent asked for vacant units$510

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.80%
Home Equity Loan15.70%
Simple Mortgage40.40%
Debt Free37.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%