Home › States › Indiana › New Castle
The median home value in New Castle, IN is $171,210 as of 2026-07-31, up 1.72% from a year earlier.
Median Home Value
$171,210
Year-over-Year
+1.72%
Population
17,306
New Castle ranks #79 of 87 Indiana cities tracked here by median home value, and sits 36.4% below the state's city median of $269,376. It sits in Henry County, where the county-wide median is $193,177.
Median household income in New Castle is $51,606, so the typical home value is about 3.3× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.
Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).
New Castle police recorded a violent crime rate of 75 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 734 per 100,000.
Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).
People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In New Castle, that value is $171,210. That's up 1.72% from a year earlier. It is about 36.4% below the typical Indiana city tracked here.
Homes in New Castle are cheaper than Henry County as a whole, where the median is $193,177 — a difference of about 11.4%.
Median household income here is $51,606, so the typical home value is about 3.3× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.
New Castle police reported 75 violent crimes per 100,000 residents, covering a population of about 17,306. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.
Kokomo · Hammond · Linton · Vincennes · Terre Haute · Logansport · Muncie · Elwood