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Buying a home in New Straitsville, Ohio

The typical owner-occupied home in New Straitsville is worth about $68,100, 68% below the Ohio median of $214,800 and 80% below the national median of $332,700. Owners pay a median $1,193 a year in property taxes, about 1.75% of their home's value, higher than the Ohio rate of 1.31%. The median household earns $52,692 a year, so the median home costs 1.3 times the median income (3.0 times for Ohio). 68% of occupied homes here are lived in by their owners, and 51% of those owners still have a mortgage.

New Straitsville at a glance

New Straitsville Ohio U.S.
Median home value $68,100 $214,800 $332,700
Median property tax paid per year $1,193 $2,822 $3,119
Property tax as a share of value 1.75% 1.31% 0.94%
Median household income $52,692 $71,389 $80,734
Homes lived in by their owners 68% 67% 65%
Owner homes with a mortgage 51% 61% 61%
Median monthly costs, owners with a mortgage $1,104 $1,517 $1,963
Those costs as a share of the owners' income 16.3% 18.6% 21.0%
Median rent – $1,034 $1,413
Rent as a share of renters' income 32.2% 28.3% 30.6%
Median year homes were built 1942 1970 1980
Vacant homes 12.1% 8.1% 10.1%
Population 684 11,810,293 334,922,499

What a typical home costs per month in New Straitsville

At this week's average 30-year rate of 7.11%, buying the median New Straitsville home of $68,100 with 20% down costs about $494 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $608, because the loan is bigger and FHA adds mortgage insurance.

Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $21,179 for the 20%-down payment. That payment is 11% of the median New Straitsville household income of $52,692; at that income and 20% down, the 28% guideline points to a home of about $169,000.

20% down, 30-year conventional loan
Down payment$13,620
Loan amount$54,480
Principal and interest$366
Property taxes (1.75% a year)$99
Homeowners insurance (our estimate, 0.5% a year)$28
PMI$0
Total per month$494

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3.5% down, 30-year FHA loan
Down payment$2,384
Loan amount$66,867
Principal and interest$450
Property taxes (1.75% a year)$99
Homeowners insurance (our estimate, 0.5% a year)$28
FHA mortgage insurance$30
Total per month$608

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Questions about home buying in New Straitsville

What is the median home value in New Straitsville?

About $68,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in New Straitsville?

Homeowners pay a median $1,193 a year, which is about 1.75% of the median home value. Your bill depends on your home's assessed value and local rates.

What income do you need to buy a home in New Straitsville?

For the median home with 20% down at 7.11%, the payment is about $494 a month. Keeping that under 28% of gross income takes about $21,179 a year.

More about New Straitsville

Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data