$2,969 Closing Credit*
$250,000
3 Beds
•2 Full Baths
Troy White, Listing Office: KELLER WILLIAMS CAPITAL REALTY
Is Newburgh, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Newburgh has remained a Seller's Market.
Key Takeaway
Newburgh is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Newburgh, IN
How much do homes in Newburgh, IN cost?
Median Sold Price
$357,450
$151/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
+$32,450(+10.0%)
Key Takeaway
Homes in Newburgh have sold for 10% more than they did a month ago.
Summary: The median home sold price in Newburgh was $357,450 in December 2024, up 10% from last month, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $246.9K | $211K | -14.6% |
| 3 Bedrooms | $285K | $292.4K | +2.6% |
| 4 Bedrooms | $359K | $419.9K | +17.0% |
| 5+ Bedrooms | $419.7K | $527.5K | +25.7% |
Summary: Newburgh housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.6%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 17%, and 5+ bedroom homes increased by 25.7%.
Median Sold Price Compared To Nearby Cities
| Ohio Township | $305K | $354.9K | +16.4% |
| Newburgh | $325K | $357.4K | +10.0% |
Housing Supply in Newburgh, IN
How many homes are available in Newburgh, IN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 182 | 175 | -3.8% |
Summary: The Newburgh real estate market had 175 homes for sale in December 2024, a 3.8% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 79 | 83 | +5.1% |
| 4 Bedrooms | 74 | 65 | -12.2% |
| 5+ Bedrooms | 22 | 21 | -4.5% |
Summary: The Newburgh housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 12.2%, and 5+ bedroom homes decreased by 4.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 45 | 52 | +15.6% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Newburgh, you may be able to get a good deal. 65.2% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Newburgh in December 2024, up by 15.6% month-over-month. Of the 46 sold homes, 65% were sold under asking, 28% were sold at asking, and 7% were sold over asking.
Days on Market for Newburgh, IN
We’re sorry, we don't have information for this market at the moment
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.