The story of this market
The typical home in ZIP 47629 sells for about $333,167, or $169 per square foot.
Prices are roughly flat from a year ago (+0.94%), a market in balance. Homes take about 50 days to sell. HUD's fair market rent for a two-bedroom is $2,100 a month.
ZIP 47629 — Newburgh
The Newburgh residential market is currently a cautiously optimistic seller’s market. The market is characterized by a two-tier dynamic where entry-level homes experience rapid turnover while luxury segments show cooling demand. Consistent inventory growth has begun to balance the strong buyer demand seen earlier in the year.
Fits families and move-up buyers seeking a suburban, school-conscious environment, as well as commuters working in the greater Evansville area.
Median prices moved up 0.9% year over year.
Homes spend a median of 50 days on market with 0.0 months of supply — a fast-moving market.
24% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
unemployment 0.0% · poverty 0.0% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
Reported crime trends in Newburgh generally reflect a safe, suburban profile that compares favorably to the regional urban average in Evansville.
Schools in the Warrick County School Corporation are widely regarded as high-performing, serving as a primary driver for family relocation into the area.
Standard regional exposure to severe thunderstorms and wind; flood-risk assessment is specific to proximity to the Ohio River and local drainage infrastructure.
Development momentum is sustained by new-construction residential communities and expansion of infrastructure projects connecting Newburgh to the I-69 corridor.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Located in the Evansville metro area; residents typically commute via I-69 or SR-261 to reach major employment hubs in Evansville and neighboring Warrick County industrial centers.
Close proximity to the Ohio River waterfront, historic downtown Newburgh, and various local parks/golf courses; shopping is concentrated along the SR-261 and SR-66 corridors.
Market depth is moderate; while rental demand remains, some softening has been observed as supply adjusts, with rents stabilizing after recent peaks.
Driven by manufacturing, healthcare, and retail sectors within the Evansville-Henderson metropolitan area.
Residents rely on highway corridors including I-69 and SR-261 for regional access.
Continued development of residential subdivisions and new-construction communities is the primary momentum driver.
Parcels are subject to Warrick County School Corporation levies and local municipal service districts.
Standard Midwest regional posture; properties are subject to standard regional weather-related risks and specific flood-plain considerations near the Ohio River.
No residential census data available for this ZIP.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Urban Air Trampoline and Adventure Park3.85.4 mi
- Sky Zone Trampoline Park4.45.1 mi
- Burgh House & Family Entertainment Center4.42.5 mi
- Chuck E. Cheese4.35.3 mi
- Elite Air Evansville Trampoline Park4.56.8 mi
- Ford Center4.48.9 mi
- Old National Events Plaza4.58.8 mi
- Owensboro Convention Center4.519.6 mi
- Ellis Park Racing & Gaming4.27.6 mi
- Golden Corral Buffet & Grill4.34 mi
- Mesker Park Zoo4.311.4 mi
- Burdette Park4.512.5 mi
- Showplace Cinemas Evansville East 204.45.9 mi
- Angel Mounds State Historic Site4.42.3 mi
- AMC Evansville 164.312.9 mi
- Angel Mounds State Historic Site4.42.3 mi
- Owensboro Sportscenter4.319.7 mi
- John James Audubon State Park4.59.3 mi
- Bluegrass Music Hall of Fame & Museum4.819.8 mi
- Children's Museum of Evansville4.48.9 mi
- Mesker Park Zoo4.311.4 mi
- Deaconess Sports Park EVV4.58.4 mi
- Burdette Park4.512.5 mi
- Angel Mounds State Historic Site4.42.3 mi
- John James Audubon State Park4.59.3 mi
- French Island Marina and Boat Club4.612.1 mi
- Walther's Golf & Fun4.59.8 mi
- Victoria National Golf Club4.85.4 mi
- Quail Crossing Golf Club47.8 mi
- The Bridges Golf Course of Henderson4.18.2 mi
- Fendrich Golf Course4.27.9 mi
- Eastland Mall4.25.6 mi
- Meijer4.36.3 mi
- Ross Dress for Less4.34.8 mi
- Rural King4.37.1 mi
- T.J. Maxx4.34 mi
- Evansville Regional Airport4.39.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local historic district with dining and retail.
Recreational waterfront access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.