Home / Select Cities  /  2024 Comparing New Castle, IN vs. Richmond, IN

2024 Compare Cities Housing:
New Castle, IN vs Richmond, IN

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Highlights
- The median age of a home in New Castle is 5.9% older than the median age of a home in Richmond.

Housing
 New Castle, INRichmond, INUnited States
 Median Home Age686442
 Median Home Cost$132,400$126,700$338,100
 Home Appr. Last 12 months15.1%15.1%16.6%
 Home Appr. Last 5 yrs.51.5%51.5%57.0%
 Home Appr. Last 10 yrs.73.6%73.6%101.1%
 Property Tax Rate$9.0$9.0$11.0
 Homes Owned54.8%47.1%57.4%
 Housing Vacant15.3%15.6%11.2%
 Homes Rented29.9%37.3%31.4%
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 Avg Rent For Home Or Apartment
 New Castle, INRichmond, INUnited States
 Average Rent$920$1,220$1,840
 Studio Apartment$560$670$1,080
 1 Bedroom Home or Apartment$570$760$1,180
 2 Bedroom Home or Apartment$720$1,000$1,430
 3 Bedroom Home or Apartment$930$1,240$1,860
 4 Bedroom Home or Apartment$980$1,360$2,160
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 Vacant Housing
 New Castle, INRichmond, INUnited States
 Vacant For Rent3.2%3.3%1.9%
 Vacant Rented1.3%0.4%0.4%
 Vacant For Sale1.2%0.7%0.7%
 Vacant Sold1.8%0.4%0.4%
 Vacant Vacation0.0%0.3%3.6%
 Vacant Other7.7%10.6%4.1%
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 Owner-Occupied Housing Value
 New Castle, INRichmond, INUnited States
 Less Than $20,0004.8%5.9%2.6%
 $20,000 to $39,99910.6%7.5%2.4%
 $40,000 to $59,99916.6%11.2%2.8%
 $60,000 to $79,99917.2%19.9%3.9%
 $80,000 to $99,99919.4%16.1%4.5%
 $100,000 to $149,99918.3%20.9%11.3%
 $150,000 to $199,9997.1%10.0%13.0%
 $200,000 to $299,9994.1%4.7%20.1%
 $300,000 to $399,9991.4%1.9%13.6%
 $400,000 to $499,9990.3%0.1%8.3%
 $500,000 to $749,9990.2%1.6%9.7%
 $750,000 to $999,9990.1%0.0%3.9%
 $1,000,000 to $1,499,9990.0%0.2%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.0%0.0%1.1%
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 Housing Units By Year Built
 New Castle, INRichmond, INUnited States
 2015 and Newer0.0%0.0%0.2%
 2010 to 20143.4%4.4%13.6%
 2000 to 20093.4%4.4%13.6%
 1990 to 19997.7%5.6%13.6%
 1980 to 19896.1%6.6%13.2%
 1970 to 197910.0%12.8%14.8%
 1960 to 19697.7%5.6%13.6%
 1950 to 195916.8%14.5%10.0%
 1940 to 194914.8%10.2%4.7%
 1939 or Earlier29.8%29.4%12.2%

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Reviews for New Castle    4 Reviews

Hello, I would like to know more about New Castle current and future economic and crime condition. Several forums indicate that this city is ghost town with minimal  More

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Over 12 years ago

I will always call New Castle.. Home. I do have such wonderful memories there. When I moved there because my Dad's job had relocated, it was not only his home town but  More

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I grew up in New Castle and am sad to say I will never go back. New Castle has no jobs and is close to ghost town. The town is one big courthouse,prison or work release  More

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Reviews for Richmond    5 Reviews

do you see any changes no and lot of people don't even vote in this poverty retirement town. most of the educated people have left Richmond and Indiana all together. Be  More

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Over 11 years ago

Richmond is an attractive city for the most part, but for its population there is way to much crime. The police seem to worry more about petty issues like driving  More

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Over 13 years ago

Richmond is a great city homes here are very reasonable to buy. We have great parks. And lots of things to do for a town our size. I was born here so were my parents and  More

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