New Palestine is a small city in Indiana with a median income of $61,620 per household. Besides being very affluent, its population is older than others with a median age of 37 years. The New Palestine market almost exclusively consists of detached houses, accounting for 100% of the current homes in the area. The best school in the city is New Palestine High School.
Some of the more expensive homes in Indiana are in New Palestine with a median home value of $157,000 and an average list price for available homes currently at $128,438. The New Palestine market remained soft with two homes sold in the last 30 days, a 33.3% sales drop.
Wonder which homes are generating the most buzz? Here are the most viewed listings in New Palestine:
A three-bedroom detached home valued around $176,416 is considered a typical dwelling in New Palestine. If a buyer was looking for a similar home, they would need good credit and a $35,283 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $717 and the property tax rate is $8.08 per $1,000 of taxable assessed value.