Much like nearby areas, it is a bit less expensive compared to the US as a whole. However it's a bit more expensive compared to the city of Columbus.
Home prices
The median home in New Bremen costs $168,500. This is about $5,440 (3%) higher in comparison to its nearby areas.Compared to the nation as a whole it is roughly $49,000 (22%) lower, and compared to the city of Columbus it is about $16,900 (11%) higher.
Rents
New Bremen's median rent is $637 a month. It is roughly $73 (10%) lower in comparison to other places in this area.Compared to the nation as a whole it is about $425 (40%) lower, and in comparison to the city of Columbus is approximately $324 (33%) lower.
Nearby places
Minster
Minster is New Bremen's neighbor to the south. The real estate prices there are somewhat more expensive. The cost of the median home in Minster is $186,500, which comes out to $18,000 (9%) higher than New Bremen. Rent there is a little more expensive. The median rent in Minster is $829 per month, which comes out to $192 (23%) higher than New Bremen.
New Knoxville
New Knoxville is about 4 miles northeast of New Bremen. The real estate prices there are substantially less expensive. The value of the median home in New Knoxville is $123,600, which comes out to $44,900 (36%) lower than New Bremen. Its rents are somewhat more expensive. The median monthly rent in New Knoxville is $770, which is $133 (17%) higher than New Bremen.
Chickasaw
Chickasaw is roughly 5 miles west of New Bremen. Real estate prices there are a bit more expensive. The median home value in Chickasaw is $187,500, which works out to $19,000 (10%) higher than New Bremen. Rents there are a bit less expensive. Chickasaw's median monthly rent is $564, which comes out to $73 (12%) lower than New Bremen.
Fort Loramie
Fort Loramie is approximately 6 miles south of New Bremen. The housing prices there are a bit more expensive. The median home in Fort Loramie costs $200,000, which comes out to $31,500 (15%) higher than New Bremen. Its rents are fairly similar. Fort Loramie's median monthly rent is $631, which is very similar to New Bremen.
St. Marys
St. Marys is approximately 7 miles north from New Bremen. The housing prices there are significantly less expensive. St. Marys's median home cost is $117,700, which comes out to $50,800 (43%) lower than New Bremen. The rent there is a bit more expensive. In St. Marys the median monthly rent is $756, which is $119 (15%) higher than New Bremen.
