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market report · 47362
New Castle, IN · 47362
37 active listings$192,500 median ask$1,339 est. rent0.7% price/rent
$192,500
Median list price
$1,339/mo
Estimated rent
0.7%
Price / rent ratio
37
Listings
FHFA home price index · 2016–2025
96.4% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.01
Median rent / sqft
34 comps
$133.07
Median sold / sqft
34 comps
—
Walkability
3.0%
Area unemployment
BLS LAUS
Median household income $60,258 · median home value $146,800 · ACS 2024.
Natural-hazard risk Relatively Moderate (FEMA NRI score 57).
7 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
1402 Alabama St, New Castle, IN 47362
New Castle, IN
$43,900$1,283/mo2.9%
1501 Michigan St, New Castle, IN 47362
New Castle, IN
$86,520$1,546/mo1.8%
2203 Spring St, New Castle, IN 47362
New Castle, IN
$69,900$1,016/mo1.5%
2205 Plum St, New Castle, IN 47362
New Castle, IN
$89,900$1,237/mo1.4%
702 S 22nd St, New Castle, IN 47362
New Castle, IN
$79,900$942/mo1.2%
9522 E State Road 38, New Castle, IN 47362
New Castle, IN
$120,000$1,347/mo1.1%