47963 — Newton County, Indiana Market Snapshot

Housing market data for zip code 47963 in Newton County, Indiana. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Limited Sales Data

Only 8 homes sold in this ZIP code during the selected period. Statistics may not be representative. See the Newton County county page for broader data.

Market Sales Data

8 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$152,200

Closed sales

Days to Sell

28

Median, listing to close

Homes Sold

8

Closed in 2026

Inventory

8

Conforming Loan Available

Most homebuyers in 47963 can comfortably use conventional financing. The median home price of $152,200 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Market Insights

Market Temperature

Homes in 47963 are moving quickly at 28 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.

Conforming Loan Feasibility

Most homebuyers in 47963 can comfortably use conventional financing. The median home price of $152,200 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.

Loan limits in 47963 are set at the county level.

2026 Loan Limits — Newton County

Property Units Conforming Limit FHA Limit
1 Unit$832,750$541,287
2 Units$1,066,250$693,050
3 Units$1,288,800$837,700
4 Units$1,601,750$1,041,125

Affordability Snapshot — Zip 47963

To purchase the median home at $152,200 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,316.

Monthly Payment

$1,316

Income Required

$56,405

Principal & Interest

$938/mo

Down Payment (5%)

$7,610

Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.

Mortgage Calculator

Estimate your monthly payment for a home in 47963.

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Estimated Monthly Payment

$1,092

Principal & Interest$790
Property Tax$152
Insurance$150
Loan Amount$121,760
Total Interest$162,543
Income Required$46,797/yr

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