Mitch's Weekly Market Report

New Palestine, IN

Condos/Townhomes

ToHelpUMove Inc.| Email: Mitch@ToHelpUmove.com | Phone: (317) 223-1673


Current active inventory in New Palestine, IN is very low. Keep this in mind when looking at this report.

New Palestine, IN

Fri Aug 15 2025
This week the median list price for New Palestine, IN is $371,950 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has increased to 2. Click here to stay informed with the New Palestine market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

New Palestine, IN

Fri Aug 15 2025
This week the median list price for New Palestine, IN is $371,950 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has increased to 2. Click here to stay informed with the New Palestine market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the New Palestine market.
Median List Price $371,950
Median Price of New Listings $0
Per Square Foot $191
Average Days on Market 228
Median Days on Market 228
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 30
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$434,900 2,786 - 2 3 1 0 0 448
$0 0 - NaN 0 NaN 0 0 NaN
$309,000 1,360 6,500 - 8,000 sqft 2 2 15 0 0 7
$0 0 - NaN 0 NaN 0 0 NaN