The housing market in Newcastle, CA is extremely expensive, with a median value of $819,900 compared to the US median value of $338,100. Although the US 1 year house appreciation rate is 8.27%, the appreciation rate for Newcastle is much lower at 3.56%. This could indicate a slowing or stagnant market in Newcastle, while buyers may still find better deals on homes elsewhere.
The median home cost in Newcastle is $819,900. Home appreciation the last 10 years has been 147.6%. Home Appreciation in Newcastle is up 9.7%.
Average Age of Homes
- The median age of Newcastle real estate is 46 years old
The Rental Market in Newcastle
- Renters make up 16.7% of the Newcastle population
- 0.0% 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.