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2025 Compare Cities Housing:
Carmel, IN vs New Castle, IN

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Highlights
- The median age of a home in Carmel is 172.0% younger than the median age of a home in New Castle.
 Carmel, INNew Castle, INUnited States
 Median Home Age25  Unlock42
 Median Home Cost  Unlock$132,400$338,100
 Home Appr. Last 12 months18.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock51.5%57.0%
 Home Appr. Last 10 yrs.93.9%  Unlock101.1%
 Property Tax Rate  Unlock$9.0$11.0
 Homes Owned70.9%  Unlock57.4%
 Housing Vacant  Unlock15.3%11.2%
 Homes Rented23.3%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Carmel, INNew Castle, INUnited States
 Average Rent  Unlock$920$1,840
 Studio Apartment$1,060  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$570$1,180
 2 Bedroom Home or Apartment$1,460  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$930$1,860
 4 Bedroom Home or Apartment$2,290  Unlock$2,160
 space1
 Vacant Housing
 Carmel, INNew Castle, INUnited States
 Vacant For Rent  Unlock3.2%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock1.2%0.7%
 Vacant Sold0.8%  Unlock0.4%
 Vacant Vacation  Unlock0.0%3.6%
 Vacant Other1.3%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Carmel, INNew Castle, INUnited States
 Less Than $20,000  Unlock4.8%2.6%
 $20,000 to $39,9990.3%  Unlock2.4%
 $40,000 to $59,999  Unlock16.6%2.8%
 $60,000 to $79,9990.3%  Unlock3.9%
 $80,000 to $99,999  Unlock19.4%4.5%
 $100,000 to $149,9992.4%  Unlock11.3%
 $150,000 to $199,999  Unlock7.1%13.0%
 $200,000 to $299,99920.9%  Unlock20.1%
 $300,000 to $399,999  Unlock1.4%13.6%
 $400,000 to $499,99919.7%  Unlock8.3%
 $500,000 to $749,999  Unlock0.2%9.7%
 $750,000 to $999,9995.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.4%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Carmel, INNew Castle, INUnited States
 2015 and Newer0.5%  Unlock0.2%
 2010 to 2014  Unlock3.4%13.6%
 2000 to 200921.1%  Unlock13.6%
 1990 to 1999  Unlock7.7%13.6%
 1980 to 198912.4%  Unlock13.2%
 1970 to 1979  Unlock10.0%14.8%
 1960 to 196922.9%  Unlock13.6%
 1950 to 1959  Unlock16.8%10.0%
 1940 to 19491.1%  Unlock4.7%
 1939 or Earlier  Unlock29.8%12.2%
Transportation
Reviews for Carmel    26 Reviews
Roxane · Medora, IN
Midwest upper middle class town
Over 6 years ago

I moved to Carmel from France and I lived there for 20 years. I moved to Indianapolis recently (I miss Carmel). I liked Carmel because it is clean, safe, pretty, it has  More

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Randal · Verona, WI
Prosperous EdgeCity Suburb Filled with Roundabouts
Over 7 years ago

This place has just about every corporate chain hotel imaginable. I come for business, and it is a nice place to do business. Carmel seems to sucking the corporate  More

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H · Indianapolis, IN
Carmel is the best
Over 10 years ago

Carmel is hands down the best place to live in  More

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Reviews for New Castle    4 Reviews
Li · Santa Monica, CA
New Castle economic and crime condition?
Over 11 years ago

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

   |    Reply
Becky · Amarillo, TX
Home
Over 13 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

   |    Reply
Susie · Madison, IN
What a does not have to offer
Over 14 years ago

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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Learn More About Carmel, Indiana
Overview
Cost of Living
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Learn More About New Castle, Indiana
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