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NEW PALESTINE, IN 46163

Real Estate Market Report  ·  Hancock County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The NEW PALESTINE, IN real estate market (46163) currently shows 40 active listings, with 17 pending sales. Homes are averaging 79 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 79 days on market compared to 38 days last year.

The median listing price has fallen 4.9% year-over-year, from $407,450 to $387,500.

Whether you are buying or selling in NEW PALESTINE, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,062  ·  Density: 183.1/mi²  ·  Median household income: $99,789

Typical home value: $289,028  ·  Homeownership: 93.2%

Market Overview

Active Listings
40
⇩ 2.4% vs 41 last year
Pending
17
43% pending ratio
Median Price
$387,500
⇩ 4.9% vs $407,450 last year
Average Price
$409,566
⇩ 7.4% vs $442,204 last year
Days on Market
79
⇧ 107.9% vs 38 days last year

Price Per Square Foot

Median $/sqft
$164
⇩ 3.5% vs $170/sqft last year
Median Home Size
2,549 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 41 last year
  • Days on market: 79 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $387,500 (-4.9% YoY)
  • Average: $409,566 (-7.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 13.8 miles — 1,058 listings ($317,818,418 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46163New Palestine, IN 461630.0 mi43$17,560,125$388,250$408,375
46130Fountaintown, IN 461305.2 mi9$2,717,964$292,500$301,996
46259Indianapolis, IN 462596.9 mi57$27,265,266$417,500$478,338
46219Indianapolis, IN 462198.3 mi115$24,871,855$207,450$216,277
46140Greenfield, IN 461408.8 mi168$57,655,080$309,900$343,185
46107Beech Grove, IN 4610710.0 mi51$10,727,952$214,450$210,352
46055Mccordsville, IN 4605510.9 mi102$50,026,614$390,000$490,457
46216Indianapolis, IN 4621611.0 mi12$4,471,452$385,000$372,621
46201Indianapolis, IN 4620111.3 mi213$52,394,379$203,700$245,983
46218Indianapolis, IN 4621811.7 mi160$25,962,080$149,950$162,263
46161Morristown, IN 4616111.9 mi10$3,809,710$313,700$380,971
46256Indianapolis, IN 4625613.6 mi59$23,767,796$304,450$402,844
46225Indianapolis, IN 4622513.8 mi59$16,588,145$272,450$281,155

Frequently Asked Questions

How many homes are for sale in NEW PALESTINE, IN 46163?

As of March 2026, there are 40 active listings in NEW PALESTINE, IN (zip code 46163), compared to 41 the prior year.

What is the median home price in NEW PALESTINE, IN 46163?

The median listing price in NEW PALESTINE, IN 46163 is $387,500 as of March 2026, a 4.9% decrease from $407,450 the prior year.

How long do homes stay on the market in NEW PALESTINE, IN?

Homes in NEW PALESTINE, IN 46163 spend an average of 79 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in NEW PALESTINE, IN 46163?

Based on current inventory and days-on-market data as of March 2026, NEW PALESTINE, IN 46163 is currently a Balanced Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 79 days on market compared to 38 days last year.

How much can I save on real estate commission in NEW PALESTINE, IN?

With SELL123.com's maximum 3% commission, sellers in NEW PALESTINE, IN 46163 save an estimated $7,750 compared to a typical 5% commission on the median listing price of $387,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.