Market Overview
Home Prices in New Ross, IN
The median home value in New Ross, IN is $271,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 5.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in New Ross are priced34% below average. New Ross is part of the Crawfordsville, IN metro area.
Over the past five years, New Ross home values have risen by approximately32.0%, reflecting strong long-term appreciation in this market.
Price History
New Ross Home Price Trend
City Comparison
New Ross vs. National Median
At $271,099, homes in New Ross cost 34% below the national median of $410,000. This makes New Ross a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in New Ross?
20% Down Payment
$54,220
on $271,099
Monthly P&I
$1,414/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,796/mo
incl. taxes & insurance
Income Needed
$71,840
gross annual (30% rule)
10% Down Option
$27,110
+ PMI applies
Loan Amount (20% dn)
$216,879
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 Ross, IN?
The median home value in New Ross is $271,099 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in New Ross?
Over the past year, home values in New Ross have increased by 3.5%. Over five years, prices have risen approximately 32.0%.
How much do I need to earn to buy a home in New Ross?
To comfortably afford the median home price of $271,099 with a 20% down payment ($54,220) at today's rates (6.8%), you'd need a gross annual income of approximately $71,840. This assumes keeping total housing costs at or below 30% of gross income.
How does New Ross compare to the national average home price?
The national median home value is approximately $410,000. At $271,099, homes in New Ross are 34% below the national average.
What metro area is New Ross part of?
New Ross is part of the Crawfordsville, IN metropolitan area. Home prices and market conditions can vary across the broader metro region.