Metropolitan market · Indiana · June 2026 data

New Castle Real Estate Market

As of June 2026, the median home listed in New Castle, IN asks $187,138 — down 19.6% year over year. Homes sell in a median of 45 days, with 121 active listings and 29% carrying a price cut — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$187,138
▼ 19.6% YoY
Median $ / sq ft
$129
1,547 sq ft median
Median days on market
45
June 2026
Active listings
121
For sale now
New listings
68
June 2026
Listings with price cuts
29%
Share of active
Median sale price (closed)
$193,000
▲ 13.6% YoY · closed sales
Sale-to-list ratio
98.0%
Closed sales
Homes sold / month
57
Closed sales

New Castle housing market statistics

The table summarizes New Castle's key housing figures for June 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data.

New Castle, IN housing market at a glance — June 2026
MetricLatestDetail
Median listing price$187,138-19.6% YoY
Median price per sq ft$1291,547 sq ft median
Median days on market45+10% YoY
Active listings121+30% YoY
New listings this month68June 2026
Listings with a price cut29%Share of active
Median sale price (closed)$193,000+13.6% YoY
Sale-to-list ratio98.0%Closed sales

How have home prices changed in New Castle?

New Castle home prices are down 19.6% year over year and +4.0% month over month as of June 2026, at a $187,138 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$234K$221K$207K$194K Q3'24Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26

Median listing price, New Castle IN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$291K$237K$183K$129K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, New Castle IN · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in New Castle?

New Castle has 121 active listings, 68 new this month, 56 pending as of June 2026. About 29% of active listings have cut their price, and inventory sits at 102% of its 2019 level — a balanced market by pace.

Active listings
121
New this month
68
Pending
56
Price-reduced
34

Is New Castle a good real estate investment?

New Castle scores 58/100 on WealthyBud's composite Investor Score, ranking #291 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
58/100
#291 of 932 covered metros
12-month outlook
-1.5%
Flat · model output, not advice
Momentum
26
Value
94
Rental yield
85
Supply risk
64
Market heat
60

New Castle scores 58/100 on our composite Investor Score (#291 of 932 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 102% of its June 2019 level, so supply is fully rebuilt past pre-pandemic norms; listing prices are down 19.6% year over year; all against a national 30-year fixed mortgage rate of 6.43% (national weekly average, 2026-07-02).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how New Castle ranks on the trending markets index.

How much is a monthly mortgage payment in New Castle?

A home at New Castle's $187,138 median listing runs about $939 a month in principal and interest — 20% down on a 30-year fixed loan at the current 6.43% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 5.43%
$843/mo
−$96/mo vs today
At today's rate · 6.43%
$939/mo
National weekly average
If rates rise 1% · 7.43%
$1,040/mo
+$100/mo vs today

Principal & interest on the $187,138 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 6.43% (national weekly average, 2026-07-02). Model a full deal in the deal analyzer.

What is driving the New Castle housing market?

Longer-run demand in New Castle shows up in 45 homes permitted in 2025; net migration of +118 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
45
▼ 4.3% vs 2024
0.9 per 1,000 residents
Net migration (2022–2023)
+118
▲ people, via tax-return records
net income flow +$3.06M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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New Castle housing market FAQ

What is the median home price in New Castle?
As of June 2026, the median listing price in New Castle, IN is $187,138, down 19.6% year over year (source: public records and industry data). Figures cover the New Castle, IN metro area.
How much does it cost to buy a home in New Castle?
The median home listed in New Castle asks $187,138 as of June 2026. With 20% down on a 30-year fixed loan at the current 6.43% national average rate, that runs about $939 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in New Castle?
The median property in New Castle spends 45 days on the market, with 121 homes actively listed and 29% of them carrying a price cut — a balanced market by pace as of June 2026.
Is it a buyer's or seller's market in New Castle?
With a median 45 days on market and 29% of active listings carrying a price cut, New Castle reads as a balanced market as of June 2026. Faster sales and fewer price cuts favor sellers; slower sales and more cuts favor buyers. Conditions shift monthly.
Is New Castle a good place to invest in real estate?
New Castle scores 58/100 on WealthyBud's Investor Score, ranking #291 of 932 covered U.S. metros as of June 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in New Castle?
See WealthyBud directories for the top-producing agents, teams and brokerages serving New Castle and the wider Indiana market, ranked by recent sales from public profile data.
Based on public records and industry data, June 2026 — see our methodology for how every figure is computed. Figures cover the New Castle, IN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Indiana housing markets

Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.