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NEW CASTLE, IN 47362

Real Estate Market Report  ·  Henry County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
99
⇧ 25.3% vs 79 last year
Pending
31
31% pending ratio
Median Price
$174,950
⇧ 17.6% vs $148,825 last year
Average Price
$204,053
⇧ 10.2% vs $185,214 last year
Days on Market
66
⇩ 4.3% vs 69 days last year

Market Context

Population: 29,377  ·  Density: 76.8/mi²  ·  Median household income: $54,252

Typical home value: $116,530  ·  Homeownership: 72.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NEW CASTLE, IN real estate market (47362) currently shows 99 active listings, with 31 pending sales. Homes are averaging 66 days on the market before going under contract.

Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice.

Homes are selling faster, averaging 66 days on market compared to 69 days last year.

The median listing price has risen 17.6% year-over-year, from $148,825 to $174,950.

Whether you are buying or selling in NEW CASTLE, IN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 99 this year vs 79 last year
  • Days on market: 66 now vs 69 last year

Median & Average Pricing

Year over Year
  • Median: $174,950 (+17.6% YoY)
  • Average: $204,053 (+10.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.2 miles — 186 listings ($43,033,534 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
47362New Castle, IN 473620.0 mi99$20,201,247$174,950$204,053
47388Sulphur Springs, IN 473886.4 mi2$459,800$229,900$229,900
47385Spiceland, IN 473858.1 mi3$397,350$132,450$132,450
47360Mooreland, IN 473608.2 mi3$307,500$102,500$102,500
47352Lewisville, IN 473529.4 mi3$410,799$125,000$136,933
47356Middletown, IN 473569.9 mi14$3,365,138$222,450$240,367
46148Knightstown, IN 4614811.4 mi15$4,598,100$332,400$306,540
47327Cambridge City, IN 4732712.5 mi13$1,609,985$119,900$123,845
46155Mays, IN 4615513.4 mi2$334,400$167,200$167,200
46186Wilkinson, IN 4618614.7 mi3$1,109,850$369,950$369,950
46127Falmouth, IN 4612715.1 mi2$818,000$409,000$409,000
46017Anderson, IN 4601715.9 mi15$3,379,965$225,000$225,331
47383Selma, IN 4738316.2 mi12$6,041,400$302,000$503,450

Frequently Asked Questions

How many homes are for sale in NEW CASTLE, IN 47362?

As of January 2026, there are 99 active listings in NEW CASTLE, IN (zip code 47362), compared to 79 the prior year.

What is the median home price in NEW CASTLE, IN 47362?

The median listing price in NEW CASTLE, IN 47362 is $174,950 as of January 2026, a 17.6% increase from $148,825 the prior year.

How long do homes stay on the market in NEW CASTLE, IN?

Homes in NEW CASTLE, IN 47362 spend an average of 66 days on the market before going under contract, compared to 69 days the prior year.

Is it a seller's or buyer's market in NEW CASTLE, IN 47362?

Based on current inventory and days-on-market data as of January 2026, NEW CASTLE, IN 47362 is currently a Balanced Market. Inventory has increased compared to last year, with 20 more homes available — giving buyers more choice. Homes are selling faster, averaging 66 days on market compared to 69 days last year.

How much can I save on real estate commission in NEW CASTLE, IN?

With SELL123.com's maximum 3% commission, sellers in NEW CASTLE, IN 47362 save an estimated $3,499 compared to a typical 5% commission on the median listing price of $174,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.