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New Palestine Market Report

$356,355

AVERAGE PRICE OF 116 HOMES

$2,350,000

AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES

$326,258

AVERAGE PRICE OF 25 NEWLY BUILT HOMES

$348,650

AVERAGE PRICE OF 4 HOMES WITH A POOL

$308,120

AVERAGE PRICE OF 5 REDUCED PRICE HOMES

Average Home

Average Price $356,355
Avg Bedrooms 2.73 beds
Avg Bathrooms 2.21 baths

Average Price by Bedrooms

2 bedrooms $260,133
3 bedrooms $269,829
4 bedrooms $337,462
5 bedrooms $366,260
New Palestine Home Price Trends
  4/2019 3/2019 2/2019 1/2019 12/2018
Total Listings 106 97 95 87 96
Average Price $344,974 $344,855 $356,488 $380,140 $379,619
Avg Price Change +0.03% -3.37% -6.63% +0.14% +3.56%
Median Price $268,758 $262,021 $259,873 $264,200 $263,832
Med Price Change +2.57% +0.83% -1.67% +0.14% -0.14%
Avg Bedrooms 2.7 beds 2.65 beds 2.65 beds 2.6 beds 2.63 beds
Avg Bathrooms 2.17 baths 2.12 baths 2.09 baths 2.05 baths 2.08 baths
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 116 $356,355 203 days
Multi-Million Dollar Homes 4 $2,350,000 325 days
Newly Built Homes 25 $326,258 134 days
Homes with a Pool 4 $348,650 41 days
Reduced Price Homes 5 $308,120 94 days
HomeSmart Realty Group
Phillip Hawkins
7620 US 31 S
Indianapolis, IN 46227
317-889-9999

The source of the Licensed Listings is BLC® listing service. The Licensed Listings are confidential information of BLC® listing service. The BLC® listing information is provided by the Metropolitan Indianapolis Board of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2019 Metropolitan Indianapolis Board of REALTORS® All Rights Reserved. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.