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Home values, rents and more in New Castle, IN

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$167,000
Metro: $190,000 · U.S.: $366,000
Home values, past year
+2.4%
Metro: +2.6% · U.S.: +1.2%
Typical rent
$854/mo
Metro: $833 · U.S.: $1,932
Rents, past year
+5.7%
Metro: +4.2% · U.S.: +2.9%
Population
17,367
ACS 2020–24
Median household income
$51,606
Metro: $63,150 · U.S.: $80,734
ZIP codes around New Castle, IN, shaded by typical home valueNew Castle47362
  • Under $180k
  • $180k–$200k
  • $200k–$210k
  • $210k+
  • No data
ZIP codes around New Castle, IN, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. New Castle is outlined.

How New Castle compares

The typical home in New Castle, IN is worth about $167,000, according to the Zillow Home Value Index for September 2026. Home values in New Castle are 12% below the typical value in the New Castle metro area ($190,000) and 54% below the U.S. typical value ($366,000).

Over the past year, home values in New Castle rose 2.4%, compared with +2.6% in the New Castle metro area and +1.2% nationally.

Typical rent is $854 a month (Zillow Observed Rent Index), about the same as the New Castle metro area ($833) and 56% below the U.S. ($1,932). Rents rose 5.7% over the past year.

The median household income is $51,606, against $63,150 in the New Castle metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 17,367 people live in New Castle (American Community Survey 2020–24).

New Castle has the 2nd-lowest typical home value of the 11 cities in the New Castle metro area and the 79th-lowest of 581 in Indiana with Zillow figures.

Part of: Henry County, IN · New Castle metro area · Indiana

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
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Nearby cities

ZIP codes in New Castle, IN

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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