The housing in Newcastle, OK is on the rise. According to recent data, the median value of a home in Newcastle is $273,300, which is significantly lower than the US median of $338,100. However, Newcastle has seen a 1-year appreciation rate of 11.89%, which is higher than the national average of 8.27%. This indicates that the housing market in Newcastle is growing at a faster rate than most other areas in the US, making it an attractive place to invest in real estate.
The median home cost in Newcastle is $273,300. Home appreciation the last 10 years has been 72.0%. Home Appreciation in Newcastle is up 17.4%.
Average Age of Homes
- The median age of Newcastle real estate is 18 years old
The Rental Market in Newcastle
- Renters make up 15.3% of the Newcastle population
- 1.6% of houses and apartments in Newcastle, 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.