Housing in New Chicago, IN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$102,000
Median List Price
$179,950
Price Per Sq Ft
$82
Days on Market
21
Active Inventory
3
Months of Supply
3.0
Seller's market
Zillow Home Value
$155,473
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Sale-to-List Ratio
96.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
2
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$82
Median List $/SF
$187
New Chicago vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. New Chicago 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
$118,900
Median Rent
$1,090
Total Housing Units
980
Vacancy Rate
13.5%
Owner Occupied
68.2%
Renter Occupied
31.8%
Median Property Tax
$1,233
per year
Monthly Cost (w/ Mortgage)
$917
Housing Types
The current median sale price in New Chicago, IN is $102,000 according to Redfin data. Homes spend a median of 21 days on the market. 0.0% of homes sold above asking price. The market has 3.0 months of supply. The median price per square foot is $82. The median rent is $1,090 per month (Census ACS). About 68.2% of housing units are owner-occupied. The median year homes were built is 1964. There are 980 total housing units.