Commercial Real Estate Market in New Carlisle, IN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
45 active listings and 200 off-market properties in New Carlisle, IN.
Market Trends
New Carlisle, IN spans 63.9 square miles in St. Joseph County, Indiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in New Carlisle, IN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in New Carlisle, IN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in New Carlisle, IN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily space in New Carlisle, IN asks $177/SF to buy. Vacancy runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Midwest region
Market overview
Demographics & Economy
New Carlisle, IN has 6,478 residents in 2,981 households. Density runs 101 people per square mile. Median household income here is $79,464 and median gross rent $811 a month.
6,478
Population
2,981
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
94%
High-School Grad
63.9 sq mi
ZIP Area
101
Density / Sq Mi
$79,464
Median Household Income
$53,849
Median Earnings
$811
Median Rent
$211,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hudson Lake | — | — |
| Rolling Prairie | — | — |
| Rolling Pr | — | — |
| Lydick | — | — |
Commercial property in New Carlisle, IN asks $5/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in New Carlisle?
Commercial property in New Carlisle, IN asks an average of $5 per square foot. Multifamily carries the highest asking price at $177/SF.
Where does Realmo's New Carlisle market data come from?
Realmo compiles New Carlisle, IN figures from 40 active sale listings, 5 active lease listings, 200 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 40 active for-sale and 5 active for-lease listings in New Carlisle, IN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
