The story of this market
The typical home in ZIP 45157 sells for about $331,372, or $181 per square foot.
Prices are up +7.5% from a year ago, so sellers still have some momentum. Homes take about 66 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $941 a month.
ZIP 45157 — New Richmond
The market is stabilizing after years of aggressive growth. While home prices are still rising year-over-year, the pace of the market has slowed, reflected by longer days on market and increased inventory. Buyers have more leverage than in previous periods, though the area remains attractive for those prioritizing a suburban-rural mix over proximity to the urban core.
This area fits family buyers seeking a suburban-rural lifestyle, long-term homeowners, and retirees. It is less suited for aggressive short-term investors due to limited rental depth and slow appreciation.
Median prices moved up 7.5% year over year.
Homes spend a median of 66 days on market with 0.0 months of supply — a balanced-paced market.
28% of listings have cut prices · homes sell at 99.3% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.4% · poverty 7.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 45157, Clermont County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The overall crime rate in this area is generally consistent with or slightly higher than regional averages, with a C+ grade often assigned in regional assessments. Residents typically consider specific localized neighborhoods safer than others.
The area is served by the New Richmond Exempted Village School District, which holds a B overall rating on public report cards, with schools demonstrating solid proficiency in core academic subjects.
The region faces a relatively low overall natural hazard risk according to FEMA data, with primary concerns being wind, lightning, and occasional extreme temperatures rather than high wildfire or flood risk in non-designated zones.
Development is primarily residential with slow, steady growth. Major local infrastructure includes standard village services, while proximity to the Cincinnati employment core drives demand.
Property taxes are assessed by the Clermont County Auditor, with rates based on millage that supports local schools, police, and municipal services. Homeowners can apply for the Ohio Homestead Exemption if they meet specific age, disability, or income criteria.
The area functions as a suburban-rural mix where residents primarily commute toward the Cincinnati employment core, a drive that can be significant depending on the specific work location.
Features include local parks and accessibility to the Ohio River for recreation. Shopping and dining are primarily located in the village and nearby neighboring communities.
There is a limited inventory of rental stock. The rental market is tighter than the for-sale market, often serving the local workforce and those seeking smaller housing footprints.
The economy consists of a mix of local small businesses, services, and residents who commute to the broader Cincinnati/Northern Kentucky metro area for major employment.
Transportation is primarily highway-dependent, with residents relying on regional road networks to access the Cincinnati employment core.
There is limited large-scale industrial or commercial development. Local planning focuses on maintaining village character and managing residential growth.
The Clermont County Auditor manages property assessments based on state-mandated triennial updates and sexennial reappraisals.
Parcels are subject to school district, county, and village tax levies.
Standard property insurance profiles apply, with flood insurance potentially required for specific properties near the riverfront.
Data retrieved from data.census.gov using ZCTA 45157 profile tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides recreational access for boating and fishing.
Provides community green space and recreational facilities.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.