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NEW PARIS, IN 46553

Real Estate Market Report  ·  Elkhart County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
14
⇧ 55.6% vs 9 last year
Pending
2
14% pending ratio
Median Price
$341,950
⇧ 1.1% vs $338,175 last year
Average Price
$402,886
⇩ 2.8% vs $414,616 last year
Days on Market
49
⇧ 145% vs 20 days last year

Market Context

Population: 3,688  ·  Density: 45.4/mi²  ·  Median household income: $84,181

Typical home value: $229,386  ·  Homeownership: 89.0%

Market Analysis

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

The NEW PARIS, IN real estate market (46553) currently shows 14 active listings, with 2 pending sales. Homes are averaging 49 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 49 days on market compared to 20 days last year.

The median listing price has risen 1.1% year-over-year, from $338,175 to $341,950.

Whether you are buying or selling in NEW PARIS, 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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 14 this year vs 9 last year
  • Days on market: 49 now vs 20 last year

Median & Average Pricing

Year over Year
  • Median: $341,950 (+1.1% YoY)
  • Average: $402,886 (-2.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.4 miles — 227 listings ($88,351,324 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
46553New Paris, IN 465530.0 mi14$5,640,404$341,950$402,886
46542Milford, IN 465426.1 mi14$4,611,908$324,900$329,422
46550Nappanee, IN 465508.1 mi21$6,489,987$315,000$309,047
46543Millersburg, IN 4654310.0 mi2$690,000$345,000$345,000
46573Wakarusa, IN 4657311.6 mi1$259,000$259,000$259,000
46555North Webster, IN 4655513.4 mi8$6,127,680$529,950$765,960
46732Cromwell, IN 4673213.9 mi5$1,403,500$234,450$280,700
46516Elkhart, IN 4651614.4 mi66$18,219,036$223,950$276,046
46540Middlebury, IN 4654015.7 mi18$10,906,578$435,000$605,921
46507Bristol, IN 4650716.8 mi23$11,383,114$450,000$494,918
46561Osceola, IN 4656117.4 mi45$18,212,715$362,450$404,727
46760Kimmell, IN 4676017.9 mi4$1,119,600$279,900$279,900
46590Winona Lake, IN 4659018.4 mi6$3,287,802$464,900$547,967

Frequently Asked Questions

How many homes are for sale in NEW PARIS, IN 46553?

As of January 2026, there are 14 active listings in NEW PARIS, IN (zip code 46553), compared to 9 the prior year.

What is the median home price in NEW PARIS, IN 46553?

The median listing price in NEW PARIS, IN 46553 is $341,950 as of January 2026, a 1.1% increase from $338,175 the prior year.

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

Homes in NEW PARIS, IN 46553 spend an average of 49 days on the market before going under contract, compared to 20 days the prior year.

Is it a seller's or buyer's market in NEW PARIS, IN 46553?

Based on current inventory and days-on-market data as of January 2026, NEW PARIS, IN 46553 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 49 days on market compared to 20 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEW PARIS, IN 46553 save an estimated $6,839 compared to a typical 5% commission on the median listing price of $341,950. 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.