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 $172,207, lower than the Virginia average of $323,261.
The average cost of rent is $649/mo in New Castle, primarily driven by the current value of real estate in the New Castle area. While nearly 50.38% of residents own their homes outright in New Castle, 23.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in New Castle is $5,278 per month. Households that rent pay about 12.30% of their income on rent here. New Castle's most expensive areas are in the central regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Barbours Creek, VA: less expensive homes
- Simmonsville, VA: higher priced homes
- Haymakertown, VA: higher priced homes
- Catawba, VA: equally priced homes
- Paint Bank, VA: less expensive homes
- Craig Springs, VA: less expensive homes
- Sinking Creek, VA: higher priced homes
- Mason Cove, VA: higher priced homes
- Maggie, VA: less expensive homes
- Flatwoods, VA: higher priced homes
Cities with Similar Populations
- Ash Flat, AR: less expensive homes
- Colwyn, PA: less expensive homes
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- Leming, TX: less expensive homes
- Livingston Manor, NY: less expensive homes
- Maple Park, IL: higher priced homes
- Millport, AL: less expensive homes
- Nunda, NY: less expensive homes
- Pleasant Hill, OR: higher priced homes
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