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IN area data

New palestine, IN

New palestine, IN.

Population: 14,498 (Census ACS)

Home values & appreciation

Median home value
$386,650
1-year appreciation
+2.2%
3-year appreciation
+6.7%
5-year appreciation
+23.3%
10-year appreciation
+84.8%
All-time peak (2026-03)
$387,890
House Price Index
367.2 (+2.9% YoY)

Market activity

Median sale price
$389,000
Median list price
$399,900
Median days on market
24 days
Sale-to-list ratio
98.8%
Active listings
37
1-year forecast
+1.4%
New listings (monthly)
24

Rents

2-bedroom fair-market rent (HUD reference)
$1,380/mo
3BR fair-market rent
$1,780/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
5
Elementary schools
2
Middle schools
2
High schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
tornado
FEMA flood zone
AE
Flood risk level
High

Climate (30-year normals)

Annual precipitation
48.0 in

Walkability & transit

Walkability index
7.5 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Schleter Field (6 mi)
Nearest major airport
Indianapolis International Airport (IND) (21 mi)
Hospitals nearby (~15 mi)
19
Avg hospital rating
3.5 / 5
EV charging stations (within 10 mi)
28
Solar radiation rating
Fair (4.0 kWh/m²/day)

Migration

Net migration
+700 tax filers

Housing stock

Median year housing built
1,991
Median annual property tax
$2,339
Mean commute to work
24 min
Households with broadband internet
81.1%

Employment & development

Total county employment
23,288
Average weekly wage
$1,050
Top industries (by employment)
Accommodation & Food, Health Care, Administrative Services
Annual residential building permits (county)
1,085

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