Zip 16101 (New Castle, PA) Housing

The housing market in 16101 New Castle, PA is doing quite well compared to the US median. The median value of homes in New Castle is $99,600, which is significantly lower than the US median value of $338,100. Additionally, the 1 year house appreciation rate in New Castle was 10.29%, which is higher than the US average house appreciation rate of 8.27%. This indicates that home values in 16101 are increasing faster than the rest of the country.

The median home cost in New Castle (zip 16101) is $99,600. Home appreciation the last 10 years has been 57.9%. Home Appreciation in New Castle (zip 16101) is up 15.7%.

Average Age of Homes

- The median age of New Castle (zip 16101) real estate is 64 years old

The Rental Market in New Castle (zip 16101)

- Renters make up 27.6% of the New Castle (zip 16101) population
- 0.8% of houses and apartments in New Castle (zip 16101), 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

Housing	New Castle, Pennsylvania	United States
	14,968.0	139,647,020.0
	67	42
	$99,600	$338,100
	15.7%	16.6%
	43.6%	57.0%
	57.9%	101.1%
	$16.04	$10.98
	$1,535	$2,690
	62.7%	57.4%
	10.5%	11.2%
	26.7%	31.4%
Vacant Housing
	0.8%	1.9%
	0.5%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	0.5%	3.6%
	7.7%	4.1%
Value of Owner-Occupied Housing
	5.2%	2.6%
	12.6%	2.4%
	11.7%	2.8%
	11.0%	3.9%
	11.7%	4.5%
	17.6%	11.3%
	14.2%	13.0%
	9.6%	20.1%
	4.2%	13.6%
	1.0%	8.3%
	0.8%	9.7%
	0.2%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	5.1%	13.6%
	5.1%	13.6%
	7.2%	13.6%
	6.3%	13.2%
	10.1%	14.8%
	7.2%	13.6%
	17.9%	10.0%
	9.1%	4.7%
	33.1%	12.2%

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