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New Castle Real Estate Market Conditions

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New Castle Schools and Demographics


Education near New Castle, IN

City County
High School Graduates 80.82 84.87
College Degree - 2 year 6.74 7.14
College Degree - 4 year 11.81 14.01
Graduate Degree 4.61 3.89
Expenditures per Student 10,964 10,964
Students per Teacher 14.8 17.1

Elementary Schools near New Castle, IN

Grades Students P/T Ratio ZIP
Blue River Valley Elementary School KG - 06 334 18.6 47362
Eastwood Elementary School PK - 06 208 12.2 47362
Hagerstown Elementary School PK - 06 615 16.2 47346
James Whitcomb Riley Elementary School 01 - 06 285 17.8 47362
Kennard Elementary School KG - 04 94 10.4 47351
Parker Elementary School KG - 06 428 17.1 47362
Shenandoah Elementary School KG - 05 628 21.7 47356
Sunnyside Elementary School KG - 07 250 12.5 47362
Tri-Elementary School KG - 06 360 18.9 47387
Westwood Elementary School 01 - 06 285 15.8 47362
Wilbur Wright Elementary School KG - 06 374 17 47362

Middle Schools near New Castle, IN

Grades Students P/T Ratio ZIP
New Castle Middle School 07 - 08 555 12.6 47362
Shenandoah Middle School 06 - 08 350 16.7 47356

High Schools near New Castle, IN

Grades Students P/T Ratio ZIP
Blue River Valley Junior/Senior High School 07 - 12 313 12.3 47362
Hagerstown Junior/Senior High School 07 - 12 529 16 47346
New Castle High School 09 - 12 1,108 11 47362
Shenandoah High School 09 - 12 416 15.4 47356
Tri Junior/Senior High School 07 - 12 395 14.3 47387

Demographics near New Castle, IN

City County
Neighborhood Type Small Town
Population 18,066 49,381
Population Density 2,477 126
Median Age 41.2 41.8
People per Household 2.3 2.5
Median Household Income 31,611 40,197
Average Income per Capita 16,989 19,487

New Castle Real Estate

Find homes for sale in New Castle, Indiana. Whether you're new to New Castle, or a long-time resident, here are a few interesting facts about Real Estate in New Castle, Indiana. New Castle boasts 171 homes for sale with an average price of $78,500. The average income in New Castle, Indiana is $31,611 compared to the county average of $40,197.

Searching for New Castle Real Estate? New Castle has a population of 18,066. The median age in New Castle is 41.2 years. New Castle is more family-centric than the surrounding county with 26% of the households containing married families with children. The county average for households married with children is 28.62%.


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New Castle, the county seat of Henry County just east of Indianapolis, is home to the largest high school gymnasium in the world. But that's not its only achievement. The city has a rich history and is "planning for its future growth and success." Community leaders are planning and working toward achieving a stronger city one, that is prosperous, beautiful and green.

The city of New Castle and Henry County both have interesting  stories to tell.  New Castle's city tree is the Golden Raintree, based on The Legend of the Raintree, from the historical novel and movie, Raintree County: "Johnny Appleseed wandered the Midwest carrying among his apple seeds a single, exotic seed from the golden raintree.  Looking for a place where it would flourish and grow, he planted it somewhere in Henry County.  Legend has it that those who find the raintree discover the realization of all dreams.

The area, featuring the 9,235-seat New Castle Fieldhouse, has produced many famous basketball stars including College All-American and NBA playersKent Benson and Steve Alford. Its basketball heritage is well-reflected in the Indiana High School Basketball Hall of Fame near Chrysler High School.

Some other famous former New Castle residents include:

  • Wilbur Wright, of the flying Wright Brothers, was born nearby
  • Robert Indiana, artist who created the world-renowned LOVE sculpture
  • Omar Bundy; military hero from the Indian Wars and Spanish-American War, and a General during World War I (no relation to Al or Ted)
  • William Grose, American Civil War General
  • Vern Huffman, All-American basketball and football player for Indiana University (hey, Vern!)
  • Trevor Chowning, Hollywood talent agent/producer (we're not chowning around, either)

Other tidbits about New Castle:

  • New Castle is home to one of go-kart racing's most popular tracks, New Castle Motorsports Park, owned by former IRL driver Mark Dinsmore
  • In Baker Park there's a Native American mound from around 2,000 B.C., which has depressions that align to sunrise/sunset during the equinoxes as well as aligning with similar mounds many miles away.
  • Hoosier Manufacturing Company built prized collectible kitchen cabinets between 1900-1920.
  • The Bundy Auditorium seats 1,130 for many arts and performing events.
  • New Castle's Aquatic Center opened in 2008.

Carpenter Realtors┬« is always available for your search forNew Castle, Indiana real estate. For those of you ready to buy a New Castle, Indiana home for sale, Carpenter Realtors┬« will handle everything from setting up an appointment to view a home inNew Castle, Indiana to the closing table. Search for houses for sale below, or click the Carpenter logo above to search by MLS listings or our easy-to use map.

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Carpenter Realtors assists home buyers and sellers throughout central and southern Indiana.
With more than 20,000 Indiana homes for sale, is your best choice for new New Castle, Indiana homes for sale, real estate listings, virtual tours and open houses inNew Castle, Indiana. Carpenter Realtors(r) is Indiana's leader in real estate and home ownership services, especially for New Castle, Indiana real estate for sale and homes for sale. Call Carpenter to sell real estate or buy real estate in New Castle, Indiana. Our real estate agents, all licensed REALTORS, specialize in New Castle, Indiana real estate. Whether you are buying or selling a new home, town house, condominium or apartment, choose a Carpenter Realtors agent or to find a property by map, MLS or BLC listing number or price

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2750 W. Main Street
Greenfield, IN
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