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KY area data

New castle, KY

New castle, KY.

Population: 2,045 (Census ACS)

The median home value in New castle, KY is $214,506 — down 5.2% over the past year. Homes sell for a median $205,250 after a median 90 days on market. 4 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Very Low, with strongwind the top-rated hazards. Cost of living is 11.5% below the US average (BEA, metro/state-level).

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

$214,506

Median home value

-5.2%

1-year change

90

Median days on market

Very Low

Hazard risk (county)

Home values & appreciation

Median home value
$214,506
1-year appreciation
-5.2%
3-year appreciation
+4.5%
5-year appreciation
+24.6%
10-year appreciation
+90.3%
All-time peak (2025-05)
$227,422
House Price Index (state)
396.0 (+2.4% YoY)

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

Market activity

Median sale price
$205,250
Median list price
$229,000
Median price per sqft
$176
1-year sale-price change
-58.0%
Median days on market
90 days
Homes sold (recent period)
2
For-sale inventory
6
Sale-to-list ratio
99.4%
Active listings
4
1-year forecast
+0.5%

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

Rents

Studio fair-market rent
$800/mo
1BR fair-market rent
$880/mo
2BR fair-market rent
$1,070/mo
3BR fair-market rent
$1,390/mo
4BR fair-market rent
$1,590/mo

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

Affordability

Cost of living index (Low)
88.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$14.20/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
4
Elementary schools
1
Middle schools
1
High schools
1
Schools include
Henry County High School, Henry County Middle School, New Castle Elementary School, Henry County Early Childhood

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

Natural hazards & flood risk

Overall hazard risk (county)
Very Low
Top hazards (county)
strongWind
Notable hazard ratings (county)
coldWave: Relatively Low · iceStorm: Relatively Low · lightning: Relatively Low · strongWind: Relatively Moderate · tornado: Relatively Low
FEMA flood zone
A21
Flood risk level
High
Wildfire risk to homes (county)
Higher than 14% of US counties
Buildings in wildfire direct-exposure zone
91.9%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
None
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)

Average annual temperature
58.0°F
Average high
67.0°F
Average low
48.0°F
Annual precipitation
39.4 in
Annual snowfall
6.1 in
USDA plant hardiness zone
6b (extreme annual low -5 to 0°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)
15,698
Jobs reachable by transit (45 min)
14,848

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
2
Nearest national park
Camp Nelson National Monument (55 mi)
National parks include
Camp Nelson National Monument, William Howard Taft National Historic Site
Airports within 30 mi
27
Nearest airport
John M. Foree Airport (1 mi)
Nearest major airport
Bowman Field (LOU) (30 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
UOFL HEALTH - SHELBYVILLE HOSPITAL, FRANKFORT REGIONAL MEDICAL CENTER, BAPTIST HEALTH LAGRANGE
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Fair (4.1 kWh/m²/day)

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

Migration

Net migration (county)
+17 tax filers

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

Housing stock

Median year housing built
1,973
Housing built before 1970
42.4%
Housing built 2000 or later
12.3%
Median annual property tax
$1,148
Mean commute to work
35 min
Households with broadband internet
49.9%

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

Employment & development

Total county employment
1,980
Average weekly wage
$899
Top industries (by employment)
Construction, Finance & Insurance, Administrative Services
Annual residential building permits (county)
59

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

How it compares

New castleState medianUS median
Median home value$214,506$169,157$289,727
Median sale price$205,250$234,500$325,000
Median days on market90 days57 days51 days
Median annual property tax$1,148$921$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 castle, KY?
$214,506.
What is the median sale price in New castle, KY?
$205,250.
How long do homes take to sell in New castle, KY?
Median days on market: 90 days.
What is typical rent in New castle, KY?
2-bedroom fair-market rent: $1,070/month (HUD FMR — a 40th-percentile regulatory reference, not market-observed).
What is the natural-hazard risk in New castle, KY?
Overall risk: Very Low (FEMA NRI, county-level). Top hazards: strongWind.
Is New castle, KY in a flood zone?
High (FEMA NFIP). FEMA flood zone A21.
What is the wildfire risk in New castle, KY?
Risk to homes is higher than 14% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in New castle, KY?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near New castle, KY?
No current or proposed National Priorities List sites within 5 miles (EPA).
How many schools serve New castle, KY?
4 schools (1 elementary, 1 middle, 1 high) (NCES, 2022-23).
Is New castle, KY walkable?
Walkability index: 7.5/20 (EPA Smart Location Database).
What is the cost of living in New castle, KY?
Regional Price Parity: 88.5 (100 = US average) (Low) (BEA RPP, metro/state-level).

ZIP code for New castle

Selling a home in New castle, KY?

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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