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IN area data

New castle, IN

New castle, IN.

Population: 29,337 (Census ACS)

Home values & appreciation

Median home value
$172,696
1-year appreciation
+1.7%
3-year appreciation
+13.2%
5-year appreciation
+34.3%
10-year appreciation
+124.3%
All-time peak (2026-07)
$172,696
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$55,000
Median list price
$45,000
Median days on market
9 days
Sale-to-list ratio
88.2%
Active listings
1
1-year forecast
+2.8%
Days to pending
32 days
New listings (monthly)
39

Rents

Typical rent
$689/mo
1-year rent change
+2.1%
1BR fair-market rent
$937/mo
3BR fair-market rent
$1,502/mo

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
10
Elementary schools
7
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
tornado
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
51.0°F
Average high
61.0°F
Average low
40.0°F
Annual precipitation
46.4 in
Annual snowfall
24.9 in

Air quality

Air quality rating
Good
Median AQI (annual)
44
Days with Good air quality
214
Days with Unhealthy air quality
2

Walkability & transit

Walkability index
12.2 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
New Castle-Henry County Municipal Airport (4 mi)
Nearest major airport
Delaware County Johnson Field (MIE) (22 mi)
Hospitals nearby (~15 mi)
1
Avg hospital rating
4.0 / 5
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+50 tax filers

Housing stock

Median year housing built
1,961
Median annual property tax
$1,099
Mean commute to work
21 min
Households with broadband internet
73.2%

Employment & development

Total county employment
10,243
Average weekly wage
$867
Top industries (by employment)
Accommodation & Food, Construction, Administrative Services
Annual residential building permits (county)
14

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents