Mitch's Weekly Market Report
New Palestine, IN
Condos/Townhomes
ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673
New Palestine, IN
Tue Apr 28 2026
This week the median list price for New Palestine, IN is $365,000 with the market action index hovering around 30. This is less than last month's market action index of 38. Inventory has decreased to 1.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.
Real-Time Market Profile
| Median List Price | $365,000 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $165 | |
| Average Days on Market | 56 | |
| Median Days on Market | 56 | |
| Price Decreased | 100% | |
| Price Increased | 0% | |
| Relisted | 0% | |
| Inventory | 1 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
The market appears to be hovering around this plateau. This week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $365,000 | 2,211 | 4,500 - 6,500 sqft | 3 | 2 | 20 | 0 | 0 | 56 |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |
| $0 | 0 | - | NaN | 0 | NaN | 0 | 0 | NaN |