New Market is a town in Montgomery County, Indiana, home to about 509 people across 0.3 square miles. Its ZIP code is 47965.
Homes sold for a median of $127 per square foot in the three months ending August 2026.
Mostly New Market
Each card is that ZIP code’s whole market, including any part outside New Market. Seller’s market: under 4 months of supply; buyer’s market: over 6. Methodology
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| Nearest major airport | Indianapolis International Airport (IND)37 miles away |
|---|---|
| Closer regional airport | Purdue University Airport (LAF)32 miles away |
| Nearest city of 250,000+ | Indianapolis, IN43 miles away |
| Nearest city of 1 million+ | Chicago, IL136 miles away |
Straight-line distances from the center of New Market; driving is longer.
Source: Airports from OurAirports (scheduled passenger service); city centers and populations from the U.S. Census Bureau.
Source: Members of Congress from the congress-legislators project; districts from the Census Bureau’s relationship files; governor and mayor from Wikidata.
New Market had 559 residents in the 2020 census, down 15% since 2000.
It’s the 474th largest of 693 towns in Indiana by population.
Montgomery County grew from 29,388 residents in 1900 to 37,936 in 2020.
Montgomery County, 1900–2020
Source: U.S. Census Bureau decennial censuses (counties 1900–1990 from the Bureau’s historical county file).
Average highs peak around 83°F in summer, and winter lows average 17°F. About 44.2 inches of rain and melted snow fall in a typical year, with about 22 inches of snow.
Source: NOAA 1991–2020 climate normals, Crawfordsville 6 Se, IN weather station (7 miles away).
14,331 jobs at 882 businesses in Montgomery County. The biggest industries by employees:
Source: U.S. Census Bureau County Business Patterns 2023 (private employers; jobs counted where people work).
Nearest hospitals
Source: Hospitals from CMS Hospital General Information (ratings are CMS overall star ratings); straight-line distances.
Parks (1 nearby)
Grocery stores
Counts are within about 1 mile of the center of town.
Source: Map data © OpenStreetMap contributors (openstreetmap.org/copyright), as mapped by volunteers; it can miss places or include closed ones.
Public schools here are run by South Montgomery Com Sch Corp. Check each district’s attendance zones for a specific address.
| School | Grades | Students | Type | Distance |
|---|---|---|---|---|
| New Market Elementary SchoolNew Market | Pre-K–5 | 468 | Public | 0.2 mi |
Source: U.S. Department of Education, NCES: Common Core of Data (2024-2025) for public schools. Listed by address; we don’t rate schools.
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Town boundaries don’t always match ZIP codes: a ZIP code can cross into neighboring towns, and a town can share a ZIP code with its neighbors. Facts describe the town itself; market figures describe whole ZIP codes.