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NEW SALISBURY, IN 47161

Real Estate Market Report
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The NEW SALISBURY, IN real estate market (47161) currently shows 20 active listings, with 4 pending sales. Homes are averaging 187 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 187 days on market compared to 44 days last year.

The median listing price has fallen 8.2% year-over-year, from $276,925 to $254,350.

Whether you are buying or selling in NEW SALISBURY, 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: 3,368  ·  Density: 57.8/mi²  ·  Median household income: $80,417

Typical home value: $178,461  ·  Homeownership: 87.1%

Market Overview

Active Listings
20
⇩ 13% vs 23 last year
Pending
4
20% pending ratio
Median Price
$254,350
⇩ 8.2% vs $276,925 last year
Average Price
$293,844
⇧ 0.3% vs $293,040 last year
Days on Market
187
⇧ 325% vs 44 days last year

Price Per Square Foot

Median $/sqft
$187
⇩ 1.1% vs $189/sqft last year
Median Home Size
1,268 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 20 this year vs 23 last year
  • Days on market: 187 now vs 44 last year

Median & Average Pricing

Year over Year
  • Median: $254,350 (-8.2% YoY)
  • Average: $293,844 (+0.3% 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 18.4 miles — 728 listings ($193,357,530 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47161New Salisbury, IN 471610.0 mi26$7,600,554$272,225$292,329
47166Ramsey, IN 471663.7 mi3$734,700$244,900$244,900
47124Greenville, IN 471246.1 mi7$2,222,150$317,450$317,450
47122Georgetown, IN 471226.7 mi46$19,060,974$380,919$414,369
47136Lanesville, IN 471369.8 mi37$14,984,408$444,288$404,984
47119Floyds Knobs, IN 4711912.4 mi36$17,690,148$490,450$491,393
47150New Albany, IN 4715014.1 mi193$53,637,402$249,900$277,914
47125Hardinsburg, IN 4712514.7 mi7$1,775,480$231,900$253,640
40211Louisville, KY 4021116.5 mi86$12,444,286$138,625$144,701
47110Central, IN 4711016.7 mi1$175,000$175,000$175,000
40216Louisville, KY 4021617.2 mi143$35,006,829$239,300$244,803
40258Louisville, KY 4025817.6 mi81$20,001,249$233,825$246,929
40210Louisville, KY 4021018.4 mi62$8,024,350$133,250$129,425

Frequently Asked Questions

How many homes are for sale in NEW SALISBURY, IN 47161?

As of July 2026, there are 20 active listings in NEW SALISBURY, IN (zip code 47161), compared to 23 the prior year.

What is the median home price in NEW SALISBURY, IN 47161?

The median listing price in NEW SALISBURY, IN 47161 is $254,350 as of July 2026, a 8.2% decrease from $276,925 the prior year.

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

Homes in NEW SALISBURY, IN 47161 spend an average of 187 days on the market before going under contract, compared to 44 days the prior year.

Is it a seller's or buyer's market in NEW SALISBURY, IN 47161?

Based on current inventory and days-on-market data as of July 2026, NEW SALISBURY, IN 47161 is currently a Balanced Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 187 days on market compared to 44 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEW SALISBURY, IN 47161 save an estimated $5,087 compared to a typical 5% commission on the median listing price of $254,350. 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.