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Advertise here →New Palestine, IN · Houses & Market Data
New Palestine, Indiana houses and real estate market data.
Houses in New Palestine, IN (Hancock County) — Census median home value $320,300, county listing prices roughly flat over the past year. Market data for New Palestine houses and the broader area.
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New Palestine, IN is in Hancock County, Indiana — this guide covers houses in New Palestine and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,027, with a median household income of $93,170. Census data puts New Palestine houses at a median value of $320,300 (all owner-occupied homes); Hancock County's current median listing price runs $358,748, roughly flat over the past year.
Info from government sites and builders may have provided source info.
Market overview
New Palestine housing market
New Palestine is in Hancock County, Indiana. Manifest Census and county price-trend data provide baseline context for houses in New Palestine and the surrounding county market.
Median home value (Census ACS)
$320,300
Population (Census ACS)
3,027
Median household income
$93,170
County price trend (2025)
5.55% 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 Palestine market snapshot
Population
3,027
County
Hancock County
Median Household Income
$93,170
Median Home Value (city)
$320,300
Median Listing Price (Hancock County)
$358,748
Median Gross Rent
$1,200/mo
Price Trend (YoY)
-0.3%
Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About
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What makes New Palestine different
Home Value, By Source
The Census Bureau's American Community Survey (2023 5-year estimate) puts New Palestine's median home value — across all owner-occupied homes, not just recent sales — at $320,300. Separately, Hancock County's current median listing price (via Realtor.com data, 2026-06-01) runs $358,748. 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
Hancock County's FHFA house price index shows a 5.55% annual change in 2025.
Population & Income
New Palestine has an estimated population of 3,027 and a median household income of $93,170, per the Census Bureau's American Community Survey (2023 5-year estimate).
Affordability Snapshot
New Palestine's Census-reported median home value works out to about 3.4x the area's median household income, and median gross rent runs roughly 15% 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 Palestine
County guide: Hancock County — cities, market context, and local resources for the county that includes New Palestine.
USAHouses.com also helps visitors looking in nearby Hancock 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 Spring Lake, Carrollton, Philadelphia, Cumberland, Greenfield, Maxwell, McCordsville, Eden, Fortville, Willow Branch, Charlottesville, Warrington, Wilkinson, Shirley.
Spring Lake market data
Nearby city · ~3.9 mi
Carrollton market data
Nearby city · ~4.3 mi
Philadelphia market data
Nearby city · ~4.5 mi
Cumberland market data
Nearby city · ~4.8 mi
Greenfield market data
Nearby city · ~7.8 mi
Maxwell market data
Nearby city · ~11.0 mi
McCordsville market data
Nearby city · ~11.7 mi
Eden market data
Nearby city · ~13.7 mi
Fortville market data
Nearby city · ~13.7 mi
Willow Branch market data
Nearby city · ~15.1 mi
Charlottesville market data
Nearby city · ~15.6 mi
Warrington market data
Nearby city · ~18.5 mi
Wilkinson market data
Nearby city · ~18.6 mi
Shirley market data
Nearby city · ~20.1 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: Pleasant View (~5.1 mi), Fountaintown (~6.4 mi), London (~7.1 mi), Morristown (~9.1 mi), Warren Park (~9.2 mi), Fairland (~10.1 mi), Beech Grove (~10.3 mi), Lawrence (~10.7 mi), Boggstown (~11.5 mi), Marion (~12.1 mi), Southport (~12.8 mi), Homecroft (~13.3 mi), Indianapolis city (balance) (~13.8 mi), Gwynneville (~13.8 mi), Shelbyville (~14.1 mi), Ingalls (~16.5 mi).
New construction: New homes near New Palestine (Indianapolis) · Indiana new construction.
Census & home facts
New Palestine data from published sources
Population (ACS 2023)
3,027
Median home value (ACS 2023)
$320,300
Median household income (ACS 2023)
$93,170
Median gross rent (ACS 2023)
$1,200
County FHFA annual change (2025)
5.55%
County median listing price (FRED/Realtor.com) (2026-06-01)
$358,748
Census place type
town
County
Hancock County
Land area (Census Gazetteer 2024)
2.04 sq mi
Census GEOID
1853352
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 Palestine
Availability and pricing are controlled by the builder and may change; confirm with the builder.
Fields at Sugar Creek ↗
D.R. Horton · New Palestine, Indiana · ~3.0 mi · from $359,900
Parkview Village ↗
D.R. Horton · Greenfield, Indiana · ~4.0 mi · from $264,900
The Reserve ↗
Taylor Morrison · Indianapolis, Indiana · ~4.4 mi · from $257,000
Montgomery Woods ↗
Lennar · Indianapolis, Indiana · ~4.5 mi · from $379,490
Mohawk Trails ↗
Lennar · Greenfield, Indiana · ~4.9 mi · from $357,995
Local life
Life in New Palestine
Schools
Mt Vernon Community School Corp — 6 schools, 4,677 students enrolled, per the U.S. Department of Education's Common Core of Data. Hancock addresses may be served by Mt Vernon 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 Palestine FAQ
What are houses worth in New Palestine, IN?
The Census Bureau's American Community Survey puts the median value of houses in New Palestine at $320,300. Hancock County's current median listing price runs $358,748, roughly flat over the past year.
How much do houses cost in New Palestine, IN?
For owner-occupied houses in New Palestine, Census ACS data shows a median value of $320,300. Active listing prices in Hancock County may differ — see the market snapshot above.
What types of houses are in New Palestine, IN?
New Palestine houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Hancock 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 Palestine, IN?
The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts New Palestine's population at approximately 3,027.
What's the median rent in New Palestine, IN?
The Census ACS estimates median gross rent in New Palestine at approximately $1,200 per month.
What is the median household income in New Palestine, IN?
Census ACS data puts the median household income in New Palestine at approximately $93,170.
Is the New Palestine housing market growing?
Hancock County's FHFA house price index shows a 5.55% annual change in 2025.
Is New Palestine, IN affordable relative to income?
Census ACS data puts New Palestine's median home value at about 3.4 times the median household income, with median gross rent equal to roughly 15% 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 Palestine, IN?
Manifest and public school-directory data suggest Mt Vernon Community School Corp for many New Palestine addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.
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