Mitch's Weekly Market Report

New Palestine, IN 46163

Condos/Townhomes

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


Current active inventory in New Palestine, IN 46163 is very low. Keep this in mind when looking at this report.

New Palestine, IN 46163

Thu Apr 24 2025
This week the median list price for New Palestine, IN 46163 is $416,950 with the market action index hovering around 29. This is an increase over last month's market action index of 24. Inventory has decreased 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 Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

New Palestine, IN 46163

Thu Apr 24 2025
This week the median list price for New Palestine, IN 46163 is $416,950 with the market action index hovering around 29. This is an increase over last month's market action index of 24. Inventory has decreased 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 Buyer's Advantage

Market Narrative

Home sales have begun exceeding new inventory. This is a Buyer’s market so prices are not yet moving higher as excess inventory is consumed. If the tightening continues and the market moves into the Seller’s zone, we may see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the New Palestine market.
Median List Price $416,950
Median Price of New Listings $0
Per Square Foot $167
Average Days on Market 189
Median Days on Market 189
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 2
Median Rent
Market Action 29
Slight Buyer's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
N/A N/A N/A N/A N/A N/A N/A N/A N/A
N/A N/A N/A N/A N/A N/A N/A N/A N/A
$434,900 2,786 - 2 3 1 0 0 336
$399,000 2,231 - 2 3 3 0 1 42