New Castle, PA Home Values & Market Trends
Real estate market trends reflect that there have been 984 transactions over the past year in New Castle. The median value for residential home transactions that occurred over the previous year is $134,703.63. The number of current listings in New Castle is 38, and the percentage of properties for sale in the city is 38.00%. New Castle, PA currently has 18 properties in foreclosure, 7 bank owned properties, 11 properties headed for auction, and 38 properties for sale.
New Castle, PA Real Estate Market Overview
Housing Market Summary for New Castle, PA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $135K | $110.4K | -18.25% |
| Median Sold Price | $86,821.75 | $110.4K | 27.12% |
| Homes For Sale | 43 | 47 | 9.30% |
| Homes Sold | 512 | 512 | - |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New Castle, PA
Browse Homes in New Castle, PA
New Castle home values range from $15,470 to $1,446,396. The median estimated value of a home in New Castle is $134,703.63. The median list price of a home is 92,450, and the total count of properties in the city is 21,151.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in New Castle, PA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within New Castle, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New Castle, PA ranges from the highest value of $306,814 in 16101 to the lowest value of $34,900 in 16105. Bank owned homes and properties account for 0.03% of properties in New Castle, PA. There are 3 zips within New Castle, PA; 16101 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions16101 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of New Castle, PA. Auction homes and other auction properties account for 0.05% of all properties in New Castle, PA. There are 3 zips within New Castle, PA; of those zips, the median estimated home value for homes going to auction ranges from $114,554 in 16105 to the lowest value of $37,177 in 16105.
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More Real Estate Resources for New Castle, PA
Guide for New Castle, PA
Philadelphia saw fluctuations in property values, price per square foot, and number of homes sold for the last 12 months.
Explore Philadelphia’s evolving property market in our latest blog post, where we analyze the notable trends in property values, cost per square foot, and the complexity of average sold prices within the city’s vibrant real estate landscape.
Pennsylvania Foreclosure Laws
When house prices increase near good school, what options do home buyer have?
