Housing & Real Estate — New Palestine, Indiana

Overview

Total Housing Units1,242
Occupied1,215
Vacant27
Owner-Occupied960
Renter-Occupied255
Median Home Value (Census)$357,500
Estimated 2026~$386,000
Median Rent$1,200/mo
Median Property Tax$2,612/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income14.9%
Severely Rent-Burdened34.8%

Housing Age

Built 2010 or later485
Built 2000-2009221
Built 1990-1999184
Built before 1960256
Median Year Built2000
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.