All Countries
New Castle, IN
Full City Profile · Indiana · Henry County County
2.9
/5.0
C+
Fair
17,356
Population
2,371/sq mi density
$48,977
Median Income
$28,016 per capita
$95,100
Home Value
$162,096 Zillow
$797
Median Rent
25.8% income on rent
50°F
Avg Temperature
293 sunny days/yr
285
Violent Crime/100K
1,425 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.3 / 5.0
$48,977 median income, 3.3% unemployment
A+
Affordability
5.0 / 5.0
$95,100 home value, $797/mo rent
F
Safety
1.0 / 5.0
285 violent crimes/100K
C
Education
2.1 / 5.0
13.9% bachelor's degree or higher
Housing Overview
Median Home Value
$95,100
66% below
US avg: $281,900
Median Rent
$797/mo
31% below
US avg: $1,163/mo
Homeownership Rate
62.9%
4% below US avg (65.4%)
Total Housing Units
8,549
Median year built: 1953
Home Value by Source
Census Median
$95,100
Zillow (ZHVI)
$162,096
Median Sale Price
$115,750
Median List Price
$141,200
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
62.9%
Owner-Occupied
37.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent:
$797/mo
· Zillow rent:
$878/mo
Market Indicators (Redfin)
Median Days on Market
32 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
16
Price Drops
29.6%
of listings with price reduction
Price Per Sq Ft
$71
Active Inventory
44
homes for sale
Affordability & Housing Stock
Rent Burden
25.8%
of renters spending 30%+ of income on housing
17% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
62.9%
Complete Housing Data
Home Values
| Census Median Value | $95,100 |
| Zillow Home Value (ZHVI) | $162,096 |
| Median Sale Price | $115,750 |
| Median List Price | $141,200 |
| Price Per Sq Ft | $71 |
Rent
| Census Median Rent | $797 |
| Zillow Rent (ZORI) | $878 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $882 |
| FMR 2-Bedroom | $1,096 |
| FMR 3-Bedroom | $1,391 |
| FMR 4-Bedroom | $1,590 |
Market
| Days on Market | 32 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 29.6% |
| Homes Sold | 16 |
| Active Inventory | 44 |
| Price Per Sq Ft | $71 |
Ownership & Stock
| Owner-Occupied | 62.9% |
| Renter-Occupied | 37.1% |
| Homeownership Rate | 62.9% |
| Total Housing Units | 8,549 |
| Median Year Built | 1953 |
| Rent Burden | 25.8% |