Market Overview
Home Prices in New Harmony, IN
The median home value in New Harmony, IN is $213,828 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.6% compared to a year ago and up 5.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Harmony are priced48% below average. New Harmony is part of the Evansville, IN-KY metro area.
Over the past five years, New Harmony home values have risen by approximately28.5%, reflecting strong long-term appreciation in this market.
Price History
New Harmony Home Price Trend
City Comparison
New Harmony vs. National Median
At $213,828, homes in New Harmony cost 48% below the national median of $410,000. This makes New Harmony a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Harmony?
20% Down Payment
$42,766
on $213,828
Monthly P&I
$1,115/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,416/mo
incl. taxes & insurance
Income Needed
$56,640
gross annual (30% rule)
10% Down Option
$21,383
+ PMI applies
Loan Amount (20% dn)
$171,062
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in New Harmony, IN?
The median home value in New Harmony is $213,828 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.6% year-over-year.
How much have home prices changed in New Harmony?
Over the past year, home values in New Harmony have increased by 1.6%. Over five years, prices have risen approximately 28.5%.
How much do I need to earn to buy a home in New Harmony?
To comfortably afford the median home price of $213,828 with a 20% down payment ($42,766) at today's rates (6.8%), you'd need a gross annual income of approximately $56,640. This assumes keeping total housing costs at or below 30% of gross income.
How does New Harmony compare to the national average home price?
The national median home value is approximately $410,000. At $213,828, homes in New Harmony are 48% below the national average.
What metro area is New Harmony part of?
New Harmony is part of the Evansville, IN-KY metropolitan area. Home prices and market conditions can vary across the broader metro region.