New Castle, IN metro area Housing Market Brief
metro · IN · score computed October 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.
Population band 2 of 5 (population 37,900–58,725) · comparable within its band
Where is New Castle, IN metro area in its market cycle?
New Castle, IN metro area is classified as Mature — holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.
What’s the forecast for New Castle, IN metro area?
Metro-level forecasts are paused (since Oct 18, 2026). The new public-data model we built to replace them didn't pass our accuracy test, and we won't publish forecasts again until a model does.
New Castle, IN metro area housing market data
| Metric | Value | YoY | Source |
|---|---|---|---|
| Median Sale Price | $222K | ▲ +20.3% | Redfin |
| Median Days on Market | 56 days | ▼ -3.4% | Realtor.com via FRED |
| Months of Supply | 3.5 | ▲ +29.6% | Redfin |
| Homes for Sale | 151 | ▲ +20.8% | Redfin |
| Homes Sold | 43 | ▼ -8.5% | Redfin |
| Median Price / Sq Ft | $123 | ▲ +1% | Redfin |
How has New Castle, IN metro area’s Alpha Score moved?
Markets like New Castle, IN metro area
- Auburn, NY metro area, NYmetro66
- Batavia, NY metro area, NYmetro68
- Weatherford, OK metro area, OKmetro60
- St. Marys, PA metro area, PAmetro69
- Meadville, PA metro area, PAmetro63
- Norwalk, OH metro area, OHmetro63
- Lewistown, PA metro area, PAmetro66
- Vincennes, IN metro area, INmetro67
- Warren, PA metro area, PAmetro70
- Tiffin, OH metro area, OHmetro65
Frequently asked questions
Is New Castle, IN metro area a buyer's or seller's market?
In the scores computed October 2026, New Castle, IN metro area is classified as a Seller's Market, based on its Alpha Score of 62 out of 100. It is based on the 4 of five dimensions we can measure for this market — building, affordability, economic, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.
Are home prices rising or falling in New Castle, IN metro area?
The median sale price in New Castle, IN metro area is $222K, having risen 20.3% over the past year, according to Redfin.
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 Inventory Health (31/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.
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.