Is New Point, IN 47263 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

New Point is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The New Point housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Decatur County, IN

Population	123
Median income	$68,750
Average income	$74,791
Median home value	$116,700
Median rent	$1,234/month
Owner-occupied	56% of homes
Median year built	1971
Walkability	4.8 of 20Least walkable

Natural hazard riskTornadoes (very high), winter storms (moderate), hail (moderate)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 47263; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA); walkability from the EPA National Walkability Index.

Run the numbers for 47263

Prefilled for 47263Can I win this house?Multiple-offer likelihood for a listing Prefilled for 47263Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Greensburg 47240Seller’s market $160 /sq ft Saint Paul 47272Buyer’s market $136 /sq ft Westport 47283Seller’s market $118 /sq ft Browse all markets →

Where New Point is

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Questions about New Point real estate

What are property taxes in New Point?

About 0.62% of a home’s value a year in Decatur County, or roughly $2,480 on a $400,000 home.

Local agents

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More tools for 47263

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Decatur County property taxes Decatur County loan limits Closing costs in Indiana Hottest ZIP codes in Indiana

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology