The housing market in Newcastle, TX is robust. According to the latest data, the median house value in Newcastle is $147,700. This is significantly lower than the US house median value of $338,100. However, over the past year, house appreciation in Newcastle has been 15.22%, which is more than double the US average appreciation rate of 8.27%. This indicates that investing in real estate in Newcastle can be a wise decision and presents a good opportunity for potential homeowners or investors.
The median home cost in Newcastle is $147,700. Home appreciation the last 10 years has been 75.8%. Home Appreciation in Newcastle is up 16.6%.
Average Age of Homes
- The median age of Newcastle real estate is 42 years old
The Rental Market in Newcastle
- Renters make up 11.8% 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.