Is New Castle, IN 47362 a buyer’s or seller’s market?
New Castle is a seller’s market. With about 3.4 months of supply and 22% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Months of supply3.4Under 4 months = seller’s market
Sold above original list21.7%Share of sales, last 3 months
Median sale-to-list95.6%Sold price ÷ list price
Median days on market17Listing to accepted offer
Median price per sq ft$113▲ +8.6% vs. last year
Run the numbers for 47362
Nearby markets
Kennard 47351Seller’s market $131 /sq ftKnightstown 46148Balanced $128 /sq ftLewisville 47352 $83 /sq ftMiddletown 47356Seller’s market $124 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology