The housing market in Newcastle, NE is quite attractive with a median value of $90,500. This is significantly less than the US median value of $338,100, making it very appealing to potential buyers looking for a bargain. In the last year, house appreciation was 7.91%, which is just below the US average of 8.27%. Overall, Newcastle provides an excellent opportunity for prospective homeowners to benefit from a lower price point and still enjoy a healthy rate of appreciation.
The median home cost in Newcastle is $90,500. Home appreciation the last 10 years has been 94.3%. Home Appreciation in Newcastle is up 16.3%.
Average Age of Homes
- The median age of Newcastle real estate is 78 years old
The Rental Market in Newcastle
- Renters make up 15.3% 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.