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New Castle IN Multi-family Properties For Sale

The median home value in New Castle, IN is $132,400. This is lower than the county median home value of $152,900. The national median home value is $338,100. The average price of homes sold in New Castle, IN is $132,400. Approximately 54.80% of New Castle homes are owned, compared to 29.93% rented, while 15.27% are vacant. New Castle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a New Castle real estate agent to arrange a tour today!

Learn More About New Castle Real Estate

Statistics & facts

17,465 Population
$132K Medium Home Value
7,179 # of Households
15.27% Housing Vacancy
35.61% Future Job Growth
2.90% Unemployment Rate

Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, barbara.simmons@xome.com, 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.


Population

New Castle has a population of approximately 17,465 and experiences a population change rate of -1.77%. The population density is 2,374.6 / sq mi.

Household

The median household income for New Castle is $46,112, with 7,179 households and an average household size of 2.37.

Cost of Living

The cost of living index in New Castle is 70.6%.

Home Value

The median value of a home in New Castle is $132,400 with an appreciation rate of 15.1%. 54.8% of housing in the city is owned while 29.9% is rented.

Employment

The unemployment rate in New Castle is 2.90%, and recent job growth is at -0.06%. Future job growth is projected at 35.61%.

Taxes

The sales tax rate in New Castle is 7.00%, while the income tax rate is 3.23%.

Education

School expenditures in New Castle are $12,632, and the school ratio is 13.9:1.

Weather

The average high temperature in July is 83.2 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 43.5 inches per year, with 24.5 inches of snow per year.

Education near New Castle IN

Metric City County
High School Graduates 90.05 90.8
College Degree - 2 year 7.49 8.82
College Degree - 4 year 16.36 17.55
Graduate Degree 5.68 5.28
Expenditures per Student $12,632 $12,632
Students per Teacher 13.90 13.90

Elementary Schools near New Castle IN

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Middle Schools near New Castle IN

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High Schools near New Castle IN

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Ungraded Schools near New Castle IN

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