Housing in New Palestine, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$368,900
Median List Price
$472,950
Price Per Sq Ft
$179
Days on Market
91
Active Inventory
9
Months of Supply
1.8
Seller's market
Zillow Home Value
$372,643
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
25.0%
Sale-to-List Ratio
98.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
5
New Listings
4
Pending Sales
8
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$179
Median List $/SF
$153
New Palestine vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. New Palestine is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$320,300
Median Rent
$1,200
Total Housing Units
1,242
Vacancy Rate
2.2%
Owner Occupied
79.0%
Renter Occupied
21.0%
Median Property Tax
$2,191
per year
Monthly Cost (w/ Mortgage)
$1,433
Housing Types
The current median sale price in New Palestine, IN is $368,900 according to Redfin data. Homes spend a median of 91 days on the market. 0.0% of homes sold above asking price. The market has 1.8 months of supply. The median price per square foot is $179. The median rent is $1,200 per month (Census ACS). About 79.0% of housing units are owner-occupied. The median year homes were built is 2000. There are 1,242 total housing units.