New Carlisle

Located in Clark County, this small community of 5,552 residents presents an extremely limited real estate market with just one active listing currently available. The median home price of $24,999 reflects significantly below-average housing costs, with properties averaging $29 per square foot and typical homes measuring 864 square feet. Despite the low property values, the area maintains a reasonable homeownership rate of 66.1%, suggesting residents find value in the affordable housing options. The median household income of $61,483 provides strong purchasing power relative to local home prices, making homeownership accessible for many families. Students in the area attend schools within the Tecumseh Local School District. The minimal inventory suggests either limited turnover among existing residents or constrained new development, creating a tight market environment where buyers may face few options when properties do become available.

Market description generated from current MLS and U.S. Census data.