Why Live in Newburgh
Newburgh is the oldest town in Warrick County, settled more than a decade before Indiana became a state. Steamboats used to float tobacco, grain, pork and locally mined coal down the Ohio River from busy warehouses and ports along Water Street. Today, well-maintained single-family homes line the waterfront, and most residents commute to the neighboring city of Evansville for work. Healthcare and education have supplanted agriculture and mining as top industries. “Newburgh is kind of an extension of Evansville, more of a bedroom community. It’s definitely an old little river town, with a very quaint, small-town atmosphere,” says Ryan Mitchell, an ERA First Advantage Realtor with over 20 years of experience. Water Street homes tend to have lots of windows, taking advantage of the river views. Many are Contemporary or New Traditional in style, but Craftsmans and ranch-style homes are also common. Inland homes come in a wide variety of architectural styles, too, from Colonial Revival and Cape Cod to split-level and farmhouse. While the median sale price is close to $380,000, waterfront properties and custom-built homes in subdivisions like Copper Creek typically range between
Home Trends in Newburgh, IN
On average, homes in Newburgh, IN sell after 33 days on the market compared to the national average of 70 days. The median sale price for homes in Newburgh, IN over the last 12 months is $412,800, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$412,800
Median Single Family Sale Price
$400,000
Median 2 Bedroom Sale Price
$230,000
Average Price Per Sq Ft
$183
Number of Homes for Sale
16
Last 12 months Home Sales
194
Median List Price
$381,800
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
7%