Is New Salisbury, IN 47161 a buyer’s or seller’s market?

The New Salisbury housing market right now

In the three months ending August 31, 2026, 24% of homes in New Salisbury, IN 47161 sold above their list price, the typical home went under contract in 43 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 17 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 11%, homes sold faster (65 days then) and the median sale price fell 2% to $273,782. Overall, New Salisbury is more competitive than a year ago, so tougher for buyers.

Within Harrison County, homes here sell faster than in 60% of the county’s ZIP codes, and sell more often over asking than in 70%. On our competition score, New Salisbury ranks #108 of 306 IN ZIP codes with enough sales (score 59 out of 100).

Nearby, buyers who want less competition could look at New Middletown 47160 (0% sold over asking) or Depauw 47115 (0% sold over asking), while Laconia 47135 (100% sold over asking) and Ramsey 47166 (33% sold over asking) are even more competitive.