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Featured local agent — New Market, IN
Sarah Mitchell
Compass Real Estate · New Market, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Market, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$195,000median sale price
How is the New Market, IN housing market right now?
The median home sale price in New Market, IN is $195,000, down 26.4% year-over-year. Homes sell in an average of 2 days with 2 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Market a buyer's or seller's market?
New Market, IN is currently a strong seller's market, based on 2.0 months of supply and homes selling in about 2 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
2
Fast-moving
Active listings
2
2.0 months supply
Sale-to-list
102.6%
Above asking
What does the New Market housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $195,000 |
| Year-over-year price change | -26.4% |
| Average days on market | 2 days |
| Active inventory | 2 listings |
| Months of supply | 2.0 months |
| Sale-to-list price ratio | 102.6% |
| Median price per sq ft | $109/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in New Market by property type?
How the New Market, IN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $195,000 | $109/sq ft | 1 | 2 days |
Source: Redfin · Updated monthly
The New Market housing market is currently classified as a strong seller's market with a median sale price of $195,000. Prices have fallen 26.4% compared to last year, with homes spending an average of 2 days on market, indicating 2.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in New Market
There are currently 2 homes listed for sale in New Market, Indiana.
Active listings
2
Homes on market
Avg. days on market
2
Days until sale
Who lives in New Market?
Population
544
Median income
$72,917/yr
Median age
43.2 years
Owner-occupied
79.8%
College grads
11.1%
Avg commute
21.1 min
Source: U.S. Census Bureau ACS
What is it like to live in New Market?
New Market is a community of approximately 1K residents with a median age of 43.2 years.The median household income is $72,917, which represents a working-class community with solid middle-income opportunities. 11.1% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 79.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Market offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Market?
1 schools tracked · 460 students
The largest public schools serving New Market, IN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
New Market Elementary School
Grades PK-5 · 460 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Market, IN?
Want a head-to-head view? Compare New Market side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Market?
The median home sale price in New Market is $195,000, down 26.4% from last year.
How long do homes stay on market in New Market?
Homes typically spend 2 days on market before going under contract.
What is the median income in New Market?
The median household income is $72,917 per year.
Is New Market a buyer's or seller's market?
With 2.0 months of supply, New Market is currently a strong seller's market.
How much does a single-family home cost in New Market?
The median single-family home price in New Market, IN is $195,000 (about $109 per square foot).
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