Commercial Real Estate Market in New Paris, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
1 active listing and 174 off-market properties in New Paris, IN.
Market Trends
New Paris, IN spans 31.4 square miles in Elkhart County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Paris, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in New Paris, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in New Paris, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in New Paris, IN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
New Paris, IN has 3,849 residents in 1,236 households. Density runs 123 people per square mile. Median household income here is $85,861 and median gross rent $1,013 a month.
3,849
Population
1,236
Households
3.1
Avg Household Size
36
Median Age
19%
College-Educated
78%
High-School Grad
31.4 sq mi
ZIP Area
123
Density / Sq Mi
$85,861
Median Household Income
$35,654
Median Earnings
$1,013
Median Rent
$245,800
Median Home Value
Tools
Nearby Markets
Methodology & data sources
- Asking prices and averages
- Computed from 0 active for-sale and 1 active for-lease listings in New Paris, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
