Is New Ross, IN 47968 a buyer’s or seller’s market?
New Ross is a buyer’s market. With about 9.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The New Ross housing market right now
In the three months ending August 31, 2026, 0% of homes in New Ross, IN 47968 sold above their list price, the typical home went under contract in 8 days and there were 9.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (344 days then) and the median sale price fell 22% to $361,843. Overall, New Ross is more competitive than a year ago, so tougher for buyers.
Within Montgomery County, homes here sell faster than in 89% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Linden 47955 (71% sold over asking) and Wingate 47994 (50% sold over asking) are even more competitive.
Run the numbers for 47968
Nearby markets
Crawfordsville 47933Seller’s market $137 /sq ftDarlington 47940Seller’s market $157 /sq ftLadoga 47954Seller’s market $140 /sq ftLinden 47955Seller’s market $158 /sq ft Browse all markets →Towns like New Ross nearby
Find towns like New Ross in other states →Where New Ross is
Loading map…
Questions about New Ross real estate
Is New Ross a buyer’s or seller’s market?
A buyer’s market: there were 9.6 months of supply in New Ross, IN 47968 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 New Ross?
The typical home went under contract in 8 days in the latest three months.
Do homes in New Ross sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 90.5% of the list price.
What are property taxes in New Ross?
About 0.65% of a home’s value a year in Montgomery County, or roughly $2,600 on a $400,000 home.
What is the median home price in New Ross?
The median sale price was $361,843 in the three months ending August 31, 2026, about $230 per square foot.
Local agents
See all agents in 47968 →No sponsored agents in 47968 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 47968
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology