New Palestine Real Estate Market Continues Weakening in Contracts

Sales fell in the New Palestine market to two homes sold over the last 30 days. It's also under an established downward trend in the number of contracts closing, with this week's number falling to one. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price climbed to $150,100 over the latest reporting period for New Palestine, up from $148,500. With a downward trend in contracts numbers and eight months of inventory still left to work through, New Palestine is a strong buyer's market.

Make sure you take a look at these eye-catching homes in New Palestine that generated the most views from potential buyers:

$199K   $449K   $188K  

Get started right now by checking out New Palestine homes for sale or reviewing New Palestine real estate trends.

Demographic facts about New Palestine:

  • This area has an affordability rating of 60. (Scale: 1 = Worst, 100 = Best)
  • This area usually gets 42.3 inches of rain each year. (U.S. average: 36.5)
  • The income per capita in this area is $27,369.
  • The area's school rating is 85. (Scale: 1 = Worst, 100 = Best)

Data reported through 10/12/2016


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