New Castle, NY Housing


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The housing market in New Castle, NY is thriving with a median value of $1,178,400 that is significantly higher than the national median value of $338,100. The appreciation rate for homes in the past year has been 7.98%, only slightly less than the national average of 8.27%, showing that it is a desirable location for people looking to invest in real estate. The high median value and relatively strong appreciation rate indicate that New Castle is an attractive option for those looking to purchase property or invest in housing.

The median home cost in New Castle is $1,178,400. Home appreciation the last 10 years has been 51.9%. Home Appreciation in New Castle is up 10.6%.

Average Age of Homes
- The median age of New Castle real estate is 53 years old
The Rental Market in New Castle
- Renters make up 7.5% of the New Castle population
- 0.0% 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingNew Castle, New YorkUnited States
  6,267.0139,647,020.0
  6142
  $1,178,400$338,100
  10.6%16.6%
  35.3%57.0%
  51.9%101.1%
  $20.11$10.98
  $10,001$2,690
  87.3%57.4%
  4.6%11.2%
  8.1%31.4%
  Vacant Housing
  0.0%1.9%
  0.0%0.4%
  1.4%0.7%
  0.3%0.4%
  1.3%3.6%
  1.5%4.1%
  Value of Owner-Occupied Housing
  0.3%2.6%
  0.0%2.4%
  0.0%2.8%
  0.0%3.9%
  0.0%4.5%
  0.0%11.3%
  0.3%13.0%
  0.6%20.1%
  1.6%13.6%
  6.2%8.3%
  26.5%9.7%
  33.3%3.9%
  18.9%2.2%
  8.7%0.8%
  3.6%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  2.3%13.6%
  2.3%13.6%
  7.3%13.6%
  12.6%13.2%
  11.4%14.8%
  7.3%13.6%
  18.8%10.0%
  5.8%4.7%
  25.7%12.2%
Reviews for New Castle
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Over 9 years ago

This is a great town as long as you can afford to live here. Once you retire the taxes are just too high to justify  More

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