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IN area data

New palestine, IN

New palestine, IN.

Population: 14,498 (Census ACS)

The median home value in New palestine, IN is $386,650 — up 2.2% over the past year. Homes sell for a median $389,000 after a median 24 days on market. 5 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Low, with tornado the top-rated hazards. Cost of living is 9.5% below the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$386,650

Median home value

+2.2%

1-year change

24

Median days on market

Relatively Low

Hazard risk (county)

Home values & appreciation

Median home value
$386,650
1-year appreciation
+2.2%
3-year appreciation
+6.7%
5-year appreciation
+23.3%
10-year appreciation
+84.8%
All-time peak (2026-03)
$387,890
House Price Index (state)
367.2 (+2.9% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$389,000
Median list price
$399,900
Median price per sqft
$155
1-year sale-price change
-2.1%
Median days on market
24 days
Homes sold (recent period)
57
For-sale inventory
59
Sale-to-list ratio
98.8%
Active listings
37
1-year forecast
+1.4%
New listings (monthly)
24

Source: recent area sales and market data (ZIP-level)

Rents

Studio fair-market rent
$1,050/mo
1BR fair-market rent
$1,190/mo
2BR fair-market rent
$1,380/mo
3BR fair-market rent
$1,780/mo
4BR fair-market rent
$2,190/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Below Average)
90.5 (100 = US avg)
Electricity rate (state-level)
16.2¢/kWh
Natural gas rate (state-level)
$11.50/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
5
Elementary schools
2
Middle schools
2
High schools
1
Schools include
Sugar Creek Elementary Sch, New Palestine Jr High School, New Palestine Elementary School, New Palestine High School, New Palestine Intermediate School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively Low
Top hazards (county)
tornado
Notable hazard ratings (county)
coldWave: Relatively Low · drought: Relatively Low · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Low · iceStorm: Relatively Low
FEMA flood zone
AE
Flood risk level
High
Wildfire risk to homes (county)
Higher than 2% of US counties
Buildings in wildfire direct-exposure zone
33.9%
Radon potential (county)
High radon potential — EPA Zone 1 of 3
EPA Superfund (NPL) sites within 5 mi
None
Nearest Superfund site
Keystone Corridor Ground Water Contamination (13.8 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Annual precipitation
48.0 in
USDA plant hardiness zone
6a (extreme annual low -10 to -5°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Walkability & transit

Walkability index
7.5 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
63,624
Jobs reachable by transit (45 min)
58,880

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

Airports within 30 mi
66
Nearest airport
Schleter Field (6 mi)
Nearest major airport
Indianapolis International Airport (IND) (21 mi)
Hospitals nearby (~15 mi)
19
Hospitals include
JOHNSON MEMORIAL HOSPITAL, ESKENAZI HEALTH, INDIANAPOLIS VA MEDICAL CENTER
Avg hospital rating (CMS)
3.5 / 5
Best hospital rating nearby (CMS)
5.0 / 5
EV charging stations (within 10 mi)
28
Solar radiation rating
Fair (4.0 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+700 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,991
Housing built before 1970
23.0%
Housing built 2000 or later
32.8%
Median annual property tax
$2,339
Mean commute to work
24 min
Households with broadband internet
81.1%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
23,288
Average weekly wage
$1,050
Top industries (by employment)
Accommodation & Food, Health Care, Administrative Services
Annual residential building permits (county)
1,085

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

New palestineState medianUS median
Median home value$386,650$237,170$289,727
Median sale price$389,000$238,000$325,000
Median days on market24 days38 days51 days
Median annual property tax$2,339$1,179$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in New palestine, IN?
$386,650.
What is the median sale price in New palestine, IN?
$389,000.
How long do homes take to sell in New palestine, IN?
Median days on market: 24 days.
What is typical rent in New palestine, IN?
2-bedroom fair-market rent: $1,380/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in New palestine, IN?
Overall risk: Relatively Low (FEMA NRI, county-level). Top hazards: tornado.
Is New palestine, IN in a flood zone?
High (FEMA NFIP). FEMA flood zone AE.
What is the wildfire risk in New palestine, IN?
Risk to homes is higher than 2% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in New palestine, IN?
High radon potential — EPA Zone 1 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near New palestine, IN?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve New palestine, IN?
5 schools (2 elementary, 2 middle, 1 high) (NCES, 2022-23).
Is New palestine, IN walkable?
Walkability index: 7.5/20 (EPA Smart Location Database).
What is the cost of living in New palestine, IN?
Regional Price Parity: 90.5 (100 = US average) (Below Average) (BEA RPP, metro/state-level).

ZIP code for New palestine

Selling a home in New palestine, IN?

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents