New Paris, IN housing market
The typical New Paris home is worth about $308,000, up 5% in a year, 18% above the Indiana typical home.
Home values, sales, trends and how New Paris compares with the towns next door — updated as new data is published.
New Paris at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | New Paris | Indiana |
|---|---|---|
| 2017 | $163,000 | $135,000 |
| 2018 | $170,000 | $144,000 |
| 2019 | $185,000 | $154,000 |
| 2020 | $194,000 | $164,000 |
| 2021 | $213,000 | $183,000 |
| 2022 | $243,000 | $209,000 |
| 2023 | $264,000 | $227,000 |
| 2024 | $274,000 | $237,000 |
| 2025 | $286,000 | $249,000 |
| 2026 | $304,000 | $256,000 |
| August 2026 | $308,000 | $260,000 |
4.1 years of income
The typical New Paris home costs about 4.1 years of the town's median household income, more than across Indiana (3.6 years).
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,090
HUD's Fair Market Rent for a two-bedroom in New Paris is $1,090 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in New Paris pay a median of $1,061. A two-bedroom takes about 18% of the town's median household income.
Studio $890 · 4 bedrooms $1,460
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (46553; Elkhart-Goshen, IN MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in New Paris
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.