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All market snapshots / 47362

New Castle, IN 47362 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
New Castle, IN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.15
ActiveActive listings: 4747PendingPending sales: 77
New Castle, IN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $155k$155kSoldMedian sold price (last 6 months): $177k$177k
What homes actually sell for in New Castle, IN
Distribution of 208 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $110k to $250k
$40k to $88k: 23 sales$40k$88k to $136k: 37 sales$136k to $184k: 39 sales39sales$136k$184k to $232k: 32 sales$232k to $281k: 33 sales$232k$281k to $329k: 11 sales$329k to $377k: 9 sales$329k$377k to $425k: 3 salesMedian $177k

What the numbers say

As of October 5, 2026, Resideline is tracking 47 active listings and 7 pending sales in ZIP code 47362. That pending-to-active ratio of 0.15 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $154,900, while the median of the 208 closed sales Resideline tracked over the last six months was $176,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 47362 for 69 days.

Frequently asked questions

What is the median home price in 47362?

The median closed sale price in New Castle, IN 47362 was $176,900 over the last six months, based on 208 closed sales tracked by Resideline. The middle half of those sales ranged from $110,000 to $250,000.

Is 47362 a buyer's or seller's market?

Resideline is currently tracking 7 pending sales against 47 active listings in 47362, a pending-to-active ratio of 0.15. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 47362 currently looks like a balanced market.

Nearby ZIP code market data

Full New Castle, IN housing market report →

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