The housing market in 16102 New Castle, PA is thriving, with a median value of $103,300. This is significantly lower than the national median value of $338,100. However, despite this difference in value, appreciation for housing in 16102 New Castle has been rising at a rate of 10.29% per year—significantly higher than the US average of 8.27%. This suggests that the area is becoming increasingly popular and desirable among prospective buyers and investors alike.
The median home cost in New Castle (zip 16102) is $103,300. Home appreciation the last 10 years has been 57.9%. Home Appreciation in New Castle (zip 16102) is up 15.7%.
Average Age of Homes
- The median age of New Castle (zip 16102) real estate is 66 years old
The Rental Market in New Castle (zip 16102)
- Renters make up 16.7% of the New Castle (zip 16102) population
- 0.6% of houses and apartments in New Castle (zip 16102), 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.