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Advertise here →New Castle, IN · Houses & Market Data
New Castle, Indiana houses and real estate market data.
Houses in New Castle, IN (Henry County) — Census median home value $95,100, county listing prices down about 15.4% over the past year. Market data for New Castle houses and the broader area.
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New Castle, IN is in Henry County, Indiana — this guide covers houses in New Castle and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 17,356, with a median household income of $48,977. Census data puts New Castle houses at a median value of $95,100 (all owner-occupied homes); Henry County's current median listing price runs $185,688, down about 15.4% over the past year.
Info from government sites and builders may have provided source info.
Market overview
New Castle housing market
New Castle is in Henry County, Indiana. Manifest Census and county price-trend data provide baseline context for houses in New Castle and the surrounding county market.
Median home value (Census ACS)
$95,100
Population (Census ACS)
17,356
Median household income
$48,977
County price trend (2025)
2.13% YoY
Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.
At a glance
New Castle market snapshot
Population
17,356
County
Henry County
Median Household Income
$48,977
Median Home Value (city)
$95,100
Median Listing Price (Henry County)
$185,688
Median Gross Rent
$797/mo
Price Trend (YoY)
-15.4%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes New Castle different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts New Castle's median home value — across all owner-occupied homes, not just recent sales — at $95,100. Separately, Henry County's current median listing price (via Realtor.com data, 2026-06-01) runs $185,688. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.
County Price Trend
Henry County's FHFA house price index shows a 2.13% annual change in 2025.
Population & Income
New Castle has an estimated population of 17,356 and a median household income of $48,977, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
New Castle's Census-reported median home value works out to about 1.9x the area's median household income, and median gross rent runs roughly 20% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.
Nearby
Places around New Castle
County guide: Henry County — cities, market context, and local resources for the county that includes New Castle.
USAHouses.com also helps visitors looking in nearby Henry County and other Indiana communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.
Nearby communities include Westwood, Greensboro, Mount Summit, Spiceland, Millville, Sulphur Springs, Cadiz, New Lisbon, Lewisville, Kennard, Mooreland, Straughn, Dunreith, Springport, Blountsville, Knightstown.
Westwood market data
Nearby city · ~2.5 mi
Greensboro market data
Nearby city · ~5.7 mi
Mount Summit market data
Nearby city · ~5.9 mi
Spiceland market data
Nearby city · ~6.1 mi
Millville market data
Nearby city · ~6.2 mi
Sulphur Springs market data
Nearby city · ~6.5 mi
Cadiz market data
Nearby city · ~6.5 mi
New Lisbon market data
Nearby city · ~6.9 mi
Lewisville market data
Nearby city · ~7.9 mi
Kennard market data
Nearby city · ~8.1 mi
Mooreland market data
Nearby city · ~8.3 mi
Straughn market data
Nearby city · ~8.8 mi
Dunreith market data
Nearby city · ~8.8 mi
Springport market data
Nearby city · ~8.9 mi
Blountsville market data
Nearby city · ~11.9 mi
Knightstown market data
Nearby city · ~12.1 mi
More Indiana cities with market guides: Fort Wayne, Evansville, South Bend, Fishers, Carmel, Bloomington, Hammond, Noblesville.
Fort Wayne market data
Same-state city guide
Evansville market data
Same-state city guide
South Bend market data
Same-state city guide
Fishers market data
Same-state city guide
Carmel market data
Same-state city guide
Bloomington market data
Same-state city guide
Hammond market data
Same-state city guide
Noblesville market data
Same-state city guide
Adjacent-county Census places with USAHouses.com pages: Oakville (~11.1 mi), Shirley (~11.3 mi), Hagerstown (~11.4 mi), Dublin (~11.5 mi), Mount Auburn (~12.2 mi), Mays (~12.6 mi), Wilkinson (~12.8 mi), Cowan (~12.9 mi), Cambridge City (~12.9 mi), Warrington (~14.1 mi), East Germantown (~14.4 mi), Milton (~14.6 mi), Economy (~15.5 mi), Charlottesville (~15.6 mi), Carthage (~16.6 mi), Daleville (~16.9 mi).
New construction: New homes near New Castle (Indianapolis) · Indiana new construction.
Census & home facts
New Castle data from published sources
Population (ACS 2023)
17,356
Median home value (ACS 2023)
$95,100
Median household income (ACS 2023)
$48,977
Median gross rent (ACS 2023)
$797
County FHFA annual change (2025)
2.13%
County median listing price (FRED/Realtor.com) (2026-06-01)
$185,688
Census place type
city
County
Henry County
Land area (Census Gazetteer 2024)
7.32 sq mi
Census GEOID
1852740
Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.
NewUSAHouses.com communities
Closest verified new-home communities near New Castle
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Brookfield Farms ↗
Ryan Homes · New Castle, Indiana · ~1.5 mi · from $200,000
Redbud Estates 2 ↗
Champion Homes · Anderson, Indiana · ~20.6 mi
Umh Sales Finance ↗
Champion Homes · Anderson, Indiana · ~20.6 mi
Deerfield Run ↗
Champion Homes · Anderson, Indiana · ~20.6 mi
Baker's Pointe ↗
D.R. Horton · Pendleton, Indiana · ~22.7 mi · from $339,900
Local life
Life in New Castle
Schools
New Castle Community School Corp — 9 schools, 2,939 students enrolled, per the U.S. Department of Education's Common Core of Data. Henry addresses may be served by New Castle Community School Corp, but attendance zones vary by street — confirm assigned schools with the district before making a move.
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Common questions
New Castle FAQ
What are houses worth in New Castle, IN?
The Census Bureau's American Community Survey puts the median value of houses in New Castle at $95,100. Henry County's current median listing price runs $185,688, down about 15.4% over the past year.
How much do houses cost in New Castle, IN?
For owner-occupied houses in New Castle, Census ACS data shows a median value of $95,100. Active listing prices in Henry County may differ — see the market snapshot above.
What types of houses are in New Castle, IN?
New Castle houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Henry County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.
What is the population of New Castle, IN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts New Castle's population at approximately 17,356.
What's the median rent in New Castle, IN?
The Census ACS estimates median gross rent in New Castle at approximately $797 per month.
What is the median household income in New Castle, IN?
Census ACS data puts the median household income in New Castle at approximately $48,977.
Is the New Castle housing market growing?
Henry County's FHFA house price index shows a 2.13% annual change in 2025.
Is New Castle, IN affordable relative to income?
Census ACS data puts New Castle's median home value at about 1.9 times the median household income, with median gross rent equal to roughly 20% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.
What school district serves New Castle, IN?
Manifest and public school-directory data suggest New Castle Community School Corp for many New Castle addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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