New Salisbury, IN—47166
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Salisbury, IN
As of Oct '25, the median home price in New Salisbury, IN is $240,000, with a year-over-year change of 4.0%. This indicates that home prices in New Salisbury, IN are increasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $240,000 | 4.0% |
| Single Family | $240,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $240,000 | 3.9% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Salisbury, IN
New Salisbury, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Salisbury, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in New Salisbury, IN is 76. This is a increase of 80.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 33.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $225,000 | -1.0% |
Listing Count | 6 | 100.0% |
| Listings as % of Homes | 0.7% | 100.0% |
Days on Market | 76 | 80.0% |
Demographics — New Salisbury, IN
As of the latest ACS Survey released in 2023, New Salisbury, IN has a population of 1,530, which has remained stable by -0.6% over the past 5 years. New Salisbury, IN is a moderately popular place for families, as children make up 16.7% of the population. The area has a moderately educated workforce, with 33.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,530 | -0.6% |
% Under 18 | 16.7% | 9.9% |
% Seniors | 20.4% | -6.8% |
% WFH | 2.1% | 23.5% |
% w/ College Degree | 33.7% | 1,023.3% |
As of the latest ACS Survey released in 2023, New Salisbury, IN is a predominantly white area, with 93.5% of the population identifying as white. The white population has shrunk by 3.3% in the last 5 years. The second most common race or ethnicity in New Salisbury, IN is black, making up 2.7% of the population. Foreign-born residents account for 5.3% of the population in New Salisbury, IN, and this percentage has increased by 194.4% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 93.5% | -3.3% |
% Black | 2.7% | ∞% |
% Hispanic | 2.4% | ∞% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 5.3% | 194.4% |
Mortgage and Risk — New Salisbury, IN
New Salisbury, IN lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — New Salisbury, IN
New Salisbury, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 3 |
Total Units Section 8 | 3 |
% Rentals under Section 8 | 3.2% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $990 |
| 2 Bedroom | N/A | N/A | $1,200 |
| 3 Bedroom | N/A | N/A | $1,550 |
| 4 Bedroom | N/A | N/A | $1,800 |
Affordability — New Salisbury, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $240,000 |
| Median Household Income | $72,400 |