Total monthly cost of ownership
Cost to Own a Home in New Carlisle, Ohio
A $112,000 home here costs
$1,126per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $48,500 a year.
A standard mortgage calculator would have told you $615. The real number is $510 higher every month, 83% more than the payment most buyers budget for.
Compare Clark County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
New Carlisle against Clark County and Ohio
| Measure | New Carlisle | Clark County |
|---|---|---|
| Median home value | $111,900 | $155,900 |
| Median property tax | $1,720 | $1,943 |
| Effective tax rate | 1.537% | 1.246% |
| Median gross rent | $820 | $840 |
| Population | 5,552 | 135,445 |
The weather behind that power bill
New Carlisle sits in Clark County, which averages a high of 83.9°F in its hottest month and a low of 18.5°F in its coldest, with 40.25" of precipitation a year and 34% of it in a single three-month stretch. That climate drives 802 cooling and 5,808 heating degree days, which is what sets the $164 electricity line above.
See the full climate breakdown for Clark County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Clark County
Talk to someone who works this market
These are New Carlisle averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works New Carlisle every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in New Carlisle I already own here and may sell
Common questions
How much does it cost to own a home in New Carlisle?
A $112,000 home in New Carlisle, Ohio costs approximately $1,126 per month with 20% down at 7.32%. That is $615 principal and interest, $143 property tax, $42 homeowners insurance, $232 utilities and $93 set aside for maintenance.
What is the property tax rate in New Carlisle?
New Carlisle has an effective property tax rate of 1.537%, based on a median home value of $111,900 and median real estate taxes of $1,720. That is higher than the Clark County average of 1.246%.
What is the average home price in New Carlisle?
The median owner-occupied home value in New Carlisle, Ohio is $111,900, against $155,900 across Clark County.
Is it cheaper to rent or buy in New Carlisle?
Median gross rent in New Carlisle is $820 a month, against $1,126 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in New Carlisle?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in New Carlisle, Ohio at today's rate takes a household income of roughly $48,500 a year. That covers the full $1,126 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for New Carlisle, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Ohio.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.