Is Newburgh, IN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Newburgh was a Buyer's Market.
Housing Prices in Newburgh, IN
How much do homes in Newburgh, IN cost?
Median Sold Price
$354,900
$155/sqft
Based on all homes sold in April 2024.
Difference Since Last Month
Summary: The median home sold price in Newburgh was $354,900 in April 2024, up 44.6% from last month, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $50K | N/A |
3 Bedrooms | $245.5K | $296K | +20.6% |
4 Bedrooms | - | $357.4K | N/A |
5+ Bedrooms | - | $785K | N/A |
Summary: Newburgh housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 20.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Newburgh, IN
How many homes are available in Newburgh, IN?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
50 | 99 | +98.0% |
Summary: The Newburgh real estate market had 99 homes for sale in April 2024, a 98.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 6 | +100.0% |
3 Bedrooms | 23 | 44 | +91.3% |
4 Bedrooms | 19 | 39 | +105.3% |
5+ Bedrooms | 5 | 10 | +100.0% |
Summary: The Newburgh housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 91.3%, 4 bedroom homes increased by 105.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 21 | +2000.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 21 homes were sold or pending in Newburgh in April 2024, up by 2000.0% month-over-month. Of the 21 sold homes, 43% were sold under asking, 33% were sold at asking, and 24% were sold over asking.
Days on Market for Newburgh, IN
How long does it take to sell a home in Newburgh, IN?
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 21 homes were sold in Newburgh; 5% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.