Is Newburgh, IN 47630 a buyer’s or seller’s market?
Newburgh is a seller’s market. With about 2.6 months of supply and 16% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 54% of U.S. ZIP codes, and #145 of 306 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Newburgh housing market right now
In the three months ending August 31, 2026, 16% of homes in Newburgh, IN 47630 sold above their list price, the typical home went under contract in 19 days and there were 2.6 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 179 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (17 days then) and the median sale price fell 8% to $329,857. Overall, Newburgh is less competitive than a year ago, which gives buyers more room.
Within Warrick County, homes here sell faster than in 83% of the county’s ZIP codes, and sell more often over asking than in 67%. On our competition score, Newburgh ranks #145 of 306 IN ZIP codes with enough sales (score 53 out of 100).
Nearby, buyers who want less competition could look at Tennyson 47637 (0% sold over asking) or Lynnville 47619 (0% sold over asking), while Chandler 47610 (30% sold over asking) and Elberfeld 47613 (25% sold over asking) are even more competitive.
Run the numbers for 47630
Nearby markets
Boonville 47601Seller’s market $150 /sq ftChandler 47610Seller’s market $159 /sq ftDale 47523Seller’s market $177 /sq ftElberfeld 47613Seller’s market $123 /sq ft Browse all markets →Towns like Newburgh nearby
Find towns like Newburgh in other states →Where Newburgh is
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Questions about Newburgh real estate
Is Newburgh a buyer’s or seller’s market?
A seller’s market: there were 2.6 months of supply in Newburgh, IN 47630 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Newburgh?
The typical home went under contract in 19 days in the latest three months.
Do homes in Newburgh sell over asking?
16% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in Newburgh?
About 0.67% of a home’s value a year in Warrick County, or roughly $2,680 on a $400,000 home.
What is the median home price in Newburgh?
The median sale price was $329,857 in the three months ending August 31, 2026, about $159 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology