Home prices
New Franklin's median home cost is $149,200. Compared to the surrounding areas it is approximately $10,140 (7%) higher.It is about $68,300 (31%) lower compared to the rest of the nation, and is roughly $79,600 (114%) higher compared to the city of Cleveland.
Rents
In New Franklin the median rent is $878 per month. In comparison to nearby areas this is approximately $60 (7%) higher.In comparison to the entire nation it is about $184 (17%) lower, and in comparison to the city of Cleveland it is approximately $159 (22%) higher.
Nearby places
Clinton
Clinton is New Franklin's neighbor to the southwest. Its real estate prices are a bit less expensive. The cost of the median home in Clinton is $117,800, which is $31,400 (26%) lower than New Franklin. The rent there is somewhat less expensive. Clinton's median monthly rent is $763, which comes out to $115 (15%) lower than New Franklin.
Barberton
Barberton is New Franklin's neighbor to the north. Real estate prices there are significantly less expensive. Barberton's median home cost is $86,800, which is $62,400 (71%) lower than New Franklin. Rent there is a little less expensive. Barberton's median monthly rent is $759, which comes out to $119 (15%) lower than New Franklin.
Portage Lakes
Portage Lakes is New Franklin's neighbor to the northeast. The housing prices there are a little less expensive. The median home value in Portage Lakes is $135,200, which is $14,000 (10%) lower than New Franklin. Its rents are similar. In Portage Lakes the median monthly rent is $901, which comes out to $23 (2%) higher than New Franklin.
Green
Green is New Franklin's neighbor to the east. Real estate prices there are somewhat more expensive. The median home price in Green is $201,200, which comes out to $52,000 (25%) higher than New Franklin. Rents there are a bit less expensive. The median rent in Green is $833 per month, which works out to $45 (5%) lower than New Franklin.
Canal Fulton
Canal Fulton is roughly 4 miles south from New Franklin. The real estate prices there are similar. Canal Fulton's median home price is $154,300, which works out to $5,100 (3%) higher than New Franklin. Rents there are a little less expensive. In Canal Fulton the median monthly rent is $832, which works out to $46 (5%) lower than New Franklin.
