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Featured local agent — Newburgh, IN
Sarah Mitchell
Compass Real Estate · Newburgh, IN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newburgh, IN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$345,000median sale price
How is the Newburgh, IN housing market right now?
The median home sale price in Newburgh, IN is $345,000, up 15.4% year-over-year. Homes sell in an average of 15 days with 10 active listings. The market is currently a 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 Newburgh a buyer's or seller's market?
Newburgh, IN is currently a seller's market, based on 1.1 months of supply and homes selling in about 15 days. How we determine this →
Homes sold
9
Last 12 weeks
Days on market
15
Fast-moving
Active listings
10
1.1 months supply
Sale-to-list
99.6%
Below asking
What does the Newburgh housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $345,000 |
| Median list price | $369,750 |
| Year-over-year price change | +15.4% |
| Average days on market | 15 days |
| Active inventory | 10 listings |
| Months of supply | 1.1 months |
| Sale-to-list price ratio | 99.6% |
| Median price per sq ft | $172/sq ft |
| Homes sold (latest month) | 9 |
| New listings (latest month) | 6 |
| Listings with a price cut | 50.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Newburgh by property type?
How the Newburgh, 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 | $372,500 | $176/sq ft | 8 | 17 days |
| Condo / Co-op | $169,900 | $110/sq ft | 1 | 1 days |
Source: Redfin · Updated monthly
The Newburgh housing market is currently classified as a seller's market with a median sale price of $345,000. Prices have risen 15.4% compared to last year, with homes spending an average of 15 days on market, indicating 1.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 4.5x provides context for how home values compare to local earning capacity.
Homes for sale in Newburgh
There are currently 10 homes listed for sale in Newburgh, Indiana. The median listing price is $370K.
Active listings
10
Homes on market
Median list price
$370K
Avg. days on market
15
Days until sale
New this week
6
Newly listed
Who lives in Newburgh?
Population
3,370
Median income
$72,431/yr
Median age
52.2 years
Owner-occupied
77.5%
College grads
33.2%
Avg commute
20.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Newburgh?
Zillow home value
$323,447
Zillow rent index
$1,632/mo
Price-to-rent ratio
16.5x
Price-to-income
4.5x
Source: Zillow Research
What is it like to live in Newburgh?
Newburgh is a community of approximately 3K residents with a median age of 52.2 years.The median household income is $72,431, which represents a working-class community with solid middle-income opportunities. 33.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 77.5%, reflecting strong community stability and long-term resident commitment. The average commute time is 20.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Newburgh offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Newburgh?
8 schools tracked · 6,077 students
The largest public schools serving Newburgh, 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.
Castle High School
Grades 9-12 · 1,968 students
John H Castle Elementary School
Grades PK-5 · 965 students
Castle North Middle School
Grades 6-8 · 752 students
Sharon Elementary School
Grades K-5 · 726 students
Castle South Middle School
Grades 6-8 · 674 students
Newburgh Elementary School
Grades K-5 · 588 students
Yankeetown Elementary School
Grades K-5 · 300 students
Warrick County Preschool
Grades PK · 104 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 Newburgh, IN?
Want a head-to-head view? Compare Newburgh side-by-side with any other U.S. city using our market-comparison tool.
Is Newburgh a good real estate investment market?
For investors evaluating Newburgh, the price-to-rent ratio of 16.5x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 15.4% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Newburgh's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Newburgh's median home price.
Frequently asked questions
What is the average home price in Newburgh?
The median home sale price in Newburgh is $345,000, up 15.4% from last year.
How long do homes stay on market in Newburgh?
Homes typically spend 15 days on market before going under contract.
What is the median income in Newburgh?
The median household income is $72,431 per year.
Is Newburgh a buyer's or seller's market?
With 1.1 months of supply, Newburgh is currently a seller's market.
What is the Zillow home value estimate for Newburgh?
The Zillow Home Value Index (ZHVI) for Newburgh is $323,447, representing the typical home value in the area.
What is the median condo price in Newburgh?
The median condo/co-op sale price in Newburgh, IN is $169,900, compared to $372,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Newburgh?
The median single-family home price in Newburgh, IN is $372,500 (about $176 per square foot).
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