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Sarah Mitchell

CNESRESABR

Compass Real Estate · New Paris, IN

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

New Paris, IN(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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New Paris, IN Housing Market & Real Estate

Buyer's market+7.5% YoY

Housing market overview · Updated monthly ·

$285,000median sale price

How is the New Paris, IN housing market right now?

The median home sale price in New Paris, IN is $285,000, up 7.5% year-over-year. Homes sell in an average of 231 days with 4 active listings. The market is currently a buyer'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 Paris a buyer's or seller's market?

Buyer's market4.0 months of supply231 avg. days on market

New Paris, IN is currently a buyer's market, based on 4.0 months of supply and homes selling in about 231 days. How we determine this →

Homes sold

1

Last 12 weeks

Days on market

231

Average pace

Active listings

4

4.0 months supply

Sale-to-list

95.3%

Below asking

What does the New Paris housing market data show?

Current housing market statistics for New Paris, IN
MetricValue
Median sale price$285,000
Median list price$369,900
Year-over-year price change+7.5%
Average days on market231 days
Active inventory4 listings
Months of supply4.0 months
Sale-to-list price ratio95.3%
Median price per sq ft$235/sq ft
Homes sold (latest month)1
New listings (latest month)1
Market conditionBuyer's market

Source: Redfin · Updated monthly

How much do homes cost in New Paris by property type?

How the New Paris, IN market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in New Paris, IN
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$285,000$235/sq ft1231 days

Source: Redfin · Updated monthly

The New Paris housing market is currently classified as a buyer's market with a median sale price of $285,000. Prices have risen 7.5% compared to last year, with homes spending an average of 231 days on market, indicating 4.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 4.3x provides context for how home values compare to local earning capacity.

Homes for sale in New Paris

There are currently 4 homes listed for sale in New Paris, Indiana. The median listing price is $370K.

Active listings

4

Homes on market

Median list price

$370K

Avg. days on market

231

Days until sale

New this week

1

Newly listed

Sale-to-list:95.3%

Who lives in New Paris?

Population

1,630

Median income

$71,750/yr

Median age

35.3 years

Owner-occupied

84.3%

College grads

9.6%

Avg commute

18.9 min

Source: U.S. Census Bureau ACS

What are homes worth in New Paris?

Zillow home value

$310,541

Price-to-income

4.3x

Source: Zillow Research

What is it like to live in New Paris?

New Paris is a community of approximately 2K residents with a median age of 35.3 years.The median household income is $71,750, which represents a working-class community with solid middle-income opportunities. 9.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 84.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 18.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Paris offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve New Paris?

1 schools tracked · 470 students

The largest public schools serving New Paris, 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 Paris Elementary School

Grades K-6 · 470 students

Public

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 Paris, IN?

Want a head-to-head view? Compare New Paris 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 Paris?

The median home sale price in New Paris is $285,000, up 7.5% from last year.

How long do homes stay on market in New Paris?

Homes typically spend 231 days on market before going under contract.

What is the median income in New Paris?

The median household income is $71,750 per year.

Is New Paris a buyer's or seller's market?

With 4.0 months of supply, New Paris is currently a buyer's market.

What is the Zillow home value estimate for New Paris?

The Zillow Home Value Index (ZHVI) for New Paris is $310,541, representing the typical home value in the area.

How much does a single-family home cost in New Paris?

The median single-family home price in New Paris, IN is $285,000 (about $235 per square foot).

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