Housing in New Castle, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$134,000
Median List Price
$137,447
Price Per Sq Ft
$102
Days on Market
11
Active Inventory
48
Months of Supply
2.8
Seller's market
Zillow Home Value
$158,767
ZHVI — January 2026
Zillow Rent Index
$857
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
35.3%
Off Market in 2 Weeks
19.1%
Sale-to-List Ratio
97.5%
Buyer's market
Market Activity
Source: RedfinHomes Sold
17
New Listings
12
Pending Sales
21
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$102
Median List $/SF
$133
New Castle vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. New Castle is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$95,100
Median Rent
$797
Total Housing Units
8,560
Vacancy Rate
15.9%
Owner Occupied
62.9%
Renter Occupied
37.1%
Median Property Tax
$813
per year
Monthly Cost (w/ Mortgage)
$712
Housing Types
The current median sale price in New Castle, IN is $134,000 according to Redfin data. Homes spend a median of 11 days on the market. 35.3% of homes sold above asking price. The market has 2.8 months of supply. The median price per square foot is $102. Zillow's observed rent index is $857/month. About 62.9% of housing units are owner-occupied. The median year homes were built is 1954. There are 8,560 total housing units.