Is New Salisbury, IN 47161 a buyer’s or seller’s market?
New Salisbury is a seller’s market. With about 1.1 months of supply and 24% 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.
Months of supply1.1Under 4 months = seller’s market
Sold above original list23.5%Share of sales, last 3 months
Median sale-to-list98.5%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$199▼ −1.7% vs. last year
Run the numbers for 47161
Nearby markets
Central 47110Buyer’s market $134 /sq ftCorydon 47112Seller’s market $159 /sq ftCrandall 47114 $180 /sq ftDepauw 47115Buyer’s market $193 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology