Construction Value
$5.7M ▼ 28.3%
Units Permitted
16 ▼ 48.4%
Avg Value / Unit
$358K
2024 · Census Bureau Building Permits Survey
Construction activity in New Palestine slowed in 2024, down 48.4% from the prior year with 16 housing units permitted. At $358K per unit, new builds are running 30% above the Hancock County average of $275K, pointing to higher-end construction. Volume is still modest compared to neighboring towns (74% fewer units than the county average of 61), but the investment per project is strong. All permits were for single-family homes.
Housing Mixi
Development Densityi
Units per building permitted
All construction is single-family detached homes.
Construction Intensityi
$2K
per resident
County avg: $39K-95%
$2.8M
per square mile
New Palestine vs. Hancock County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 16 | 16 | $5.7M | 100% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 5 permit-issuing towns in Hancock County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →