Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the New Castle area can be challenging. Home prices in New Castle are now at a median cost of $151,749, lower than the Tennessee average of $218,916.
The average cost of rent is $766/mo in New Castle, primarily driven by the current value of real estate in the New Castle area. While nearly 49.61% of residents own their homes outright in New Castle, 9.97% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Castle is $5,156 per month. Households that rent pay about 14.85% of their income on rent here. New Castle's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Laconia, TN: higher priced homes
- Hickory Valley, TN: equally priced homes
- Whiteville, TN: less expensive homes
- Williston, TN: higher priced homes
- Somerville, TN: higher priced homes
- Hebron, TN: less expensive homes
- Fayette Corners, TN: less expensive homes
- Yum Yum, TN: higher priced homes
- Bolivar, TN: less expensive homes
- Hickory Withe, TN: higher priced homes
Cities with Similar Populations
- Wetmore, KS: less expensive homes
- Balmorhea, TX: equally priced homes
- Baneberry, TN: higher priced homes
- Wheelwright, KY: less expensive homes
- Bates, MI: higher priced homes
- Bath, IL: less expensive homes
- Wilkins, TX: higher priced homes
- West Sebewa, MI: equally priced homes
- West Waldoboro, ME: higher priced homes
- Bethania, NC: higher priced homes
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