New Castle, IN metro area Housing Market Brief
metro · as of May 2026
What is New Castle, IN metro area’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is New Castle, IN metro area in its market cycle?
New Castle, IN metro area is classified as Growing — strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
New Castle, IN metro area housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $193K | ▲ +13.6% |
| Median Days on Market | 13 days | ▼ -53.6% |
| Months of Supply | 1.8 | ▲ +5.9% |
| Homes for Sale | 100 | ▲ +14.9% |
| Homes Sold | 57 | ▲ +14% |
| Median Price / Sq Ft | $124 | ▲ +13% |
| Sale-to-List Ratio | 98.0% | ▲ +2.5% |
How has New Castle, IN metro area’s Alpha Score moved?
Markets like New Castle, IN metro area
- Sikeston, MO metro areametro59
- Lewistown, PA metro areametro62
- Effingham, IL metro areametro61
- Andrews, TX metro areametro58
- Bucyrus, OH metro areametro59
- Dodge City, KS metro areametro61
- Richmond, IN metro areametro64
- Meadville, PA metro areametro58
- Decatur, IL metro areametro61
- Connersville, IN metro areametro62
Frequently asked questions
Is New Castle, IN metro area a buyer's or seller's market?
As of May 2026, New Castle, IN metro area is classified as a Balanced Market, based on its Alpha Score of 60 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in New Castle, IN metro area?
The median sale price in New Castle, IN metro area is $193K, having risen 13.6% over the past year.
How affordable is New Castle, IN metro area?
New Castle, IN metro area scores 89 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.
What's driving New Castle, IN metro area's Alpha Score?
New Castle, IN metro area's strongest dimension is Affordability (89/100) and its weakest is Price Momentum (45/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of New Castle, IN metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.