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NEW WASHINGTON, IN 47162

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The NEW WASHINGTON, IN real estate market (47162) currently shows 2 active listings. Homes are averaging 35 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 35 days on market compared to 52 days last year.

The median listing price has fallen 5.2% year-over-year, from $277,500 to $262,950.

Whether you are buying or selling in NEW WASHINGTON, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 598  ·  Density: 13.2/mi²  ·  Median household income: $68,859

Typical home value: $130,534  ·  Homeownership: 70.6%

Market Overview

Active Listings
2
⇩ 50% vs 4 last year
Pending
0
0% pending ratio
Median Price
$262,950
⇩ 5.2% vs $277,500 last year
Average Price
$262,950
⇩ 2% vs $268,188 last year
Days on Market
35
⇩ 32.7% vs 52 days last year

Price Per Square Foot

Median $/sqft
$176
⇧ 8.6% vs $162/sqft last year
Median Home Size
1,502 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99%
Listings with no price change
Price Reduced
1%
vs 1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 4 last year
  • Days on market: 35 now vs 52 last year

Median & Average Pricing

Year over Year
  • Median: $262,950 (-5.2% YoY)
  • Average: $262,950 (-2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.3 miles — 267 listings ($135,444,559 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47162New Washington, IN 471620.0 mi2$505,800$252,900$252,900
47147Nabb, IN 471473.8 mi2$909,900$454,950$454,950
47141Marysville, IN 471416.5 mi5$1,718,000$342,200$343,600
40026Goshen, KY 400269.1 mi16$11,669,600$639,000$729,350
40055Pendleton, KY 400559.5 mi4$2,799,500$699,875$699,875
40031La Grange, KY 4003110.3 mi97$51,125,499$412,500$527,067
47138Lexington, IN 4713810.6 mi16$5,837,968$309,900$364,873
40010Buckner, KY 4001012.7 mi1$641,900$641,900$641,900
40014Crestwood, KY 4001415.1 mi67$42,051,679$548,900$627,637
47177Underwood, IN 4717716.1 mi3$701,850$226,900$233,950
47143Memphis, IN 4714316.5 mi43$13,432,813$304,900$312,391
40011Campbellsburg, KY 4001117.2 mi8$3,525,200$306,950$440,650
47230Deputy, IN 4723018.3 mi3$524,850$174,950$174,950

Frequently Asked Questions

How many homes are for sale in NEW WASHINGTON, IN 47162?

As of February 2026, there are 2 active listings in NEW WASHINGTON, IN (zip code 47162), compared to 4 the prior year.

What is the median home price in NEW WASHINGTON, IN 47162?

The median listing price in NEW WASHINGTON, IN 47162 is $262,950 as of February 2026, a 5.2% decrease from $277,500 the prior year.

How long do homes stay on the market in NEW WASHINGTON, IN?

Homes in NEW WASHINGTON, IN 47162 spend an average of 35 days on the market before going under contract, compared to 52 days the prior year.

Is it a seller's or buyer's market in NEW WASHINGTON, IN 47162?

Based on current inventory and days-on-market data as of February 2026, NEW WASHINGTON, IN 47162 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 35 days on market compared to 52 days last year.

How much can I save on real estate commission in NEW WASHINGTON, IN?

With SELL123.com's maximum 3% commission, sellers in NEW WASHINGTON, IN 47162 save an estimated $5,259 compared to a typical 5% commission on the median listing price of $262,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.