What is the median home value in New Palestine, IN?

Name: Home values in New Palestine, IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median value of owner-occupied homes in New Palestine, IN is $357,500 (±$29,981), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In New Palestine, the median home value went from $202,900 in 2015–2019 to $357,500 in 2020–2024 (+76.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median home value: $357,500 (±$29,981)
Owner-occupied homes: 1,022 (±105)
Most common range: $300,000 to $499,999

Home values in New Palestine

Owner-occupied homes by value, 2020–2024
Value	New Palestine	Hancock County	Indiana	United States
Less than $50,000	0.0% (±3.6 points)	2.4%	6.0%	5.3%
$50,000 to $99,999	0.0% (±3.6 points)	2.8%	10.1%	6.1%
$100,000 to $149,999	2.6% (±2.6 points)	5.6%	12.7%	6.8%
$150,000 to $199,999	10.6% (±7.8 points)	12.7%	15.8%	9.0%
$200,000 to $299,999	16.8% (±7.8 points)	33.8%	25.1%	17.8%
$300,000 to $499,999	56.5% (±11.6 points)	34.2%	21.8%	26.9%
$500,000 to $999,999	12.8% (±7.3 points)	7.6%	7.3%	20.9%
$1,000,000 or more	0.7% (±1.1 points)	1.0%	1.2%	7.1%

The most common range is $300,000 to $499,999, 56.5% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

New Palestine against Hancock County, its state and the nation

Estimate (90% margin of error)
	New Palestine	Hancock County	Indiana	United States
Median home value	$357,500 (±$29,981)	$274,800 (±$7,160)	$218,200 (±$739)	$332,700
Owner-occupied homes	1,022 (±105)	26,619 (±661)	1,916,243 (±9,865)	84,210,142

In New Palestine, the median home value is higher than in Hancock County ($274,800).

It is also higher than in Indiana ($218,200).

It is not measurably different from the national figure ($332,700).

In Hancock County, New Palestine ranks 1 of 16 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 46 of 1,574.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in New Palestine have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median home value	$202,900 (±$11,561)	$357,500 (±$29,981)	+76.2%	Up after inflation
Median owner cost with a mortgage	$1,389 (±$91)	$1,872 (±$191)	+34.8%	No measurable change after inflation
Median real estate taxes	$1,821 (±$85)	$2,612 (±$492)	+43.4%	No measurable change after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near New Palestine

Nearest places with a published estimate, compared with New Palestine
Place	Distance	Median home value	Compared with this place
New Palestine	—	$357,500 (±$29,981)	—
Sugar Creek Township (Hancock County)	0.7 mi	$338,200 (±$11,844)	Not measurably different
Spring Lake	3.9 mi	$169,400 (±$58,459)	Lower
Moral Township	4.7 mi	$301,200 (±$39,826)	Lower
Cumberland	4.8 mi	$239,200 (±$27,105)	Lower
Brandywine Township (Hancock County)	6.3 mi	$290,100 (±$42,008)	Lower
Buck Creek Township	6.5 mi	$275,400 (±$19,027)	Lower
Van Buren Township (Shelby County)	7.2 mi	$328,400 (±$45,908)	Not measurably different
Franklin Township (Marion County)	7.2 mi	$270,200 (±$12,733)	Lower

Nearby places with a measurably lower figure: Spring Lake, IN ($169,400), Moral Township, IN ($301,200), Cumberland, IN ($239,200).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Hancock County, place by place

Rank	Place	Median home value
1	New Palestine	$357,500 (±$29,981)
2	McCordsville	$345,400 (±$14,688)
3	Sugar Creek Township (Hancock County)	$338,200 (±$11,844)
4	Blue River Township (Hancock County)	$333,100 (±$62,594)
5	Vernon Township (Hancock County)	$320,200 (±$16,973)
6	Brandywine Township (Hancock County)	$290,100 (±$42,008)
7	Green Township (Hancock County)	$277,400 (±$27,655)

Showing 7 of 16 places in Hancock County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in New Palestine

One account for renting, owning, managing and fixing homes, with these figures beside you.

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for New Palestine beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near New Palestine, save the ones you like and apply online.

Browse rentals · Create a renter account

Do repairs, renovations or maintenance?

Get found by owners and renters near New Palestine, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about New Palestine

What is the average home value in New Palestine, IN?

The Census Bureau publishes the median: $357,500 (±$29,981) for owner-occupied homes in New Palestine (2020–2024 American Community Survey).

Have home values in New Palestine gone up?

In New Palestine, the median home value went from $202,900 in 2015–2019 to $357,500 in 2020–2024 (+76.2%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Is this what homes in New Palestine sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for New Palestine town, Indiana (place:53352, in state:18).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.