New Carlisle, IN—46552
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New Carlisle, IN
As of Oct '25, the median home price in New Carlisle, IN is $268,000, with a year-over-year change of 5.2%. This indicates that home prices in New Carlisle, IN are increasing. According to Zillow, the 1-year price projection is 2.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $268,000 | 5.2% |
| Single Family | $268,000 | 5.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $187,000 | 5.6% |
3 Bed | $282,000 | 5.6% |
4 Bed | $372,000 | 6.0% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Carlisle, IN
As of July '25, Rentcast reports the average rent in New Carlisle, IN is $1,080, with a year-over-year rent change of -5.3%. Per bedroom, the median rent as of July '25 in New Carlisle, IN is 1-bedrooms: $1,080. The most common rental property sizes in New Carlisle, IN are 1-bedroom and 2-bedroom, accounting for 40.2% and 35.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,080 | $1,080 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,080 | $1,080 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Carlisle, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in New Carlisle, IN is 84. This is a increase of 20.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $588,000 | 56.0% |
Listing Count | 36 | 37.0% |
| Listings as % of Homes | 0.3% | 37.0% |
Days on Market | 84 | 20.0% |
Demographics — New Carlisle, IN
As of the latest ACS Survey released in 2023, New Carlisle, IN has a population of 6,660, which has decreased by -2.6% over the past 5 years. New Carlisle, IN is a popular place for families, as children make up 25.7% of the population. The area has a moderately educated workforce, with 30.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,660 | -2.6% |
% Under 18 | 25.7% | 13.2% |
% Seniors | 17.9% | -0.6% |
% WFH | 8.2% | 127.8% |
% w/ College Degree | 30.3% | 39.0% |
As of the latest ACS Survey released in 2023, New Carlisle, IN is a predominantly white area, with 89.5% of the population identifying as white. The white population has shrunk by 7.0% in the last 5 years. The second most common race or ethnicity in New Carlisle, IN is hispanic, making up 2.5% of the population. Foreign-born residents account for 1.7% of the population in New Carlisle, IN, and this percentage has decreased by 10.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.5% | -7.0% |
% Black | 0.1% | -75.0% |
% Hispanic | 2.5% | 8.7% |
% Asian | 0.2% | -71.4% |
% Foreign Born | 1.7% | -10.5% |
Mortgage and Risk — New Carlisle, IN
According to HUD data as of 2023, there were 105 mortgage originations in New Carlisle, IN, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 13.0% above 90% LTV (elevated). This implies medium mortgage risk in New Carlisle, IN. Investor activity is low, as 1.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 105 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — New Carlisle, IN
New Carlisle, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 113 |
Total Units Section 8 | 113 |
% Rentals under Section 8 | 29.4% |
% Occupied Section 8 | 97.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$250 | $1,080 | $830 |
| 2 Bedroom | N/A | N/A | $980 |
| 3 Bedroom | N/A | N/A | $1,220 |
| 4 Bedroom | N/A | N/A | $1,350 |
Affordability — New Carlisle, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $268,000 |
| Median Household Income | $79,500 |