Home prices
The price of the median home in New Miami is $69,300. This is roughly $65,400 (48%) lower compared to its surrounding areas.Compared to the country as a whole it is about $148,200 (68%) lower, and it is about $68,700 (49%) lower compared to the city of Cincinnati.
Rents
New Miami's median monthly rent is $938. Compared to its nearby areas it is roughly $51 (5%) higher.It is roughly $124 (11%) lower compared to the rest of the nation, and it is approximately $200 (27%) higher in comparison to the city of Cincinnati.
Nearby places
Hamilton
Hamilton is New Miami's neighbor to the southwest. Real estate prices there are significantly more expensive. The median home cost in Hamilton is $107,200, which comes out to $37,900 (35%) higher than New Miami. The rent there is a little less expensive. In Hamilton the median monthly rent is $809, which is $129 (15%) lower than New Miami.
Seven Mile
Seven Mile is about 3 miles north of New Miami. Real estate prices there are a lot more expensive. The median home in Seven Mile costs $121,000, which works out to $51,700 (42%) higher than New Miami. Rents there are somewhat more expensive. The median monthly rent in Seven Mile is $1,008, which works out to $70 (6%) higher than New Miami.
Trenton
Trenton is roughly 4 miles northeast of New Miami. The housing prices there are significantly more expensive. Trenton's median home price is $136,900, which comes out to $67,600 (49%) higher than New Miami. Rent there is pretty similar. The median rent in Trenton is $957 a month, which comes out to $19 (1%) higher than New Miami.
Millville
Millville is roughly 5 miles southwest from New Miami. The housing prices there are significantly more expensive. The median home cost in Millville is $149,100, which is $79,800 (53%) higher than New Miami. Its rents are a little less expensive. The median monthly rent in Millville is $715, which is $223 (31%) lower than New Miami.
Fairfield
Fairfield is about 6 miles south of New Miami. Its real estate prices are substantially more expensive. The median home in Fairfield costs $159,300, which comes out to $90,000 (56%) higher than New Miami. Its rents are pretty similar. The median monthly rent in Fairfield is $944, which is very similar to New Miami.