New Castle, DE is a thriving area with a strong housing market. The median house value in New Castle is $230,400, which is lower than the US median value of $338,100. However, New Castle's 1 year house appreciation rate was 10.15%, higher than the national average of 8.27%. This reflects the positive trend in housing values in this area and makes it an attractive place for potential homebuyers.
The median home cost in New Castle is $230,400. Home appreciation the last 10 years has been 64.3%. Home Appreciation in New Castle is up 14.0%.
Average Age of Homes
- The median age of New Castle real estate is 55 years old
The Rental Market in New Castle
- Renters make up 31.1% of the New Castle population
- 1.9% of houses and apartments in New Castle, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.