The housing market in 40058 New Castle, KY is healthy and growing. The median value of a house in this area is $115,100, which is significantly lower than the US median value of $338,100. Over the last year, houses have appreciated by 12.20%, higher than the national appreciation rate of 8.27%. This higher appreciation rate indicates that the housing market here is growing at a quicker pace than other areas. For those looking to buy or sell a home in 40058 New Castle, KY now may be an opportune time to do so.
The median home cost in New Castle (zip 40058) is $115,100. Home appreciation the last 10 years has been 74.3%. Home Appreciation in New Castle (zip 40058) is up 14.0%.
Average Age of Homes
- The median age of New Castle (zip 40058) real estate is 70 years old
The Rental Market in New Castle (zip 40058)
- Renters make up 37.0% of the New Castle (zip 40058) population
- 0.0% of houses and apartments in New Castle (zip 40058), 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.