ZIP 46163 Housing Market Update (New Palestine, IN): Inventory Mixed, Prices Holding Firm

ZIP 46163 (New Palestine, Indiana; Hancock County) continues to feel like a competitive, move-in-buyer market, even as inventory signals look mixed depending on the platform. The latest ZIP-level snapshots show prices holding up, with recent sale metrics suggesting buyers still need to be prepared to act quickly on well-priced homes.

Top takeaways

Recent median sale price is around $413K (Dec 2025 snapshot), with year-over-year gains reported by some trackers.
Typical home value is roughly $371K, and list-price medians are hovering around the high $380s to low $390s.
Active inventory counts differ by source, but both indicate meaningful choices for buyers compared with last year.
Rent data is sparse and varies by index, which often signals a thinner single-family rental pool.

Market snapshot (most recently reported)

Prices: Redfin reports a median sale price of $413,000 for 46163 in its latest monthly view (Dec 2025), up 14.7% year over year, with median price per square foot at $156. Zillow shows a typical home value of $371,091 (data through Dec 31, 2025) and a median list price of $391,600 (Jan 31, 2026). Realtor.com shows a median home price of $389,900 for its Dec 2025 reporting period.

Speed and competition: Redfin characterizes 46163 as very competitive, with homes selling in the mid-30-day range in its latest view. Realtor.com reports 57 average days on market for Dec 2025.

Inventory: Realtor.com shows 92 active listings (Dec 2025), while Zillow shows 55 for-sale inventory (Jan 31, 2026). These differences usually come down to data coverage and how each site counts listings, but both are useful for tracking direction.

Rentals

Rental indicators are not perfectly aligned: Zillow shows an observed rent figure around $1,895 (Jan 31, 2026), while Realtor.com lists a median rent of $1,499/mo (Dec 2025) with just 8 rental properties in its snapshot. If you are hunting rentals, expect fewer options and faster turnover than for-sale inventory.

What’s for sale nearby (no addresses)

Budget-minded options: Redfin’s 46163 affordable/cheap-home view shows active choices, but competition can be higher on the best-condition homes.
Typical move-up pricing: With list-price medians near the low $390s, many 3–4 bedroom suburban homes cluster around that range.
Rentals: With only a handful of rentals showing in some snapshots, be ready with documentation and flexible timing.

ServiceXTC local pros

No verified ServiceXTC directory provider pages for ZIP 46163 surfaced in today’s lookup. If you run a local inspection, roofing, HVAC, plumbing, electrical, remodeling, or moving company and want to be included, consider getting listed.

Sources (available in the post metadata)

Redfin ZIP 46163 housing market dashboard
Zillow ZIP 46163 home values and inventory snapshot
Realtor.com ZIP 46163 market summary
Zillow ZIP 46163 homes-for-sale search view
Redfin ZIP 46163 affordable/cheap homes view

What are you seeing right now in 46163: more price cuts, multiple offers, or homes sitting longer than they did last spring?