Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Newcastle area can be challenging. Home prices in Newcastle are now at a median cost of $87,075, lower than the Illinois average of $242,002.
The average cost of rent is $710/mo in Newcastle, primarily driven by the current value of real estate in the Newcastle area. While nearly 50.91% of residents own their homes outright in Newcastle, 20.21% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newcastle is $4,846 per month. Households that rent pay about 14.65% of their income on rent here. Newcastle's most expensive areas are in the northeastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Stonefort, IL: higher priced homes
- Carrier Mills, IL: equally priced homes
- Oldtown, IL: higher priced homes
- Ledford, IL: higher priced homes
- New Burnside, IL: higher priced homes
- Mitchellsville, IL: higher priced homes
- Delwood, IL: higher priced homes
- Harrisburg, IL: higher priced homes
- Harco, IL: higher priced homes
- Pankeyville, IL: higher priced homes
Cities with Similar Populations
- Eckard, IL: equally priced homes
- Woodland Beach, DE: higher priced homes
- Woodruff, ID: higher priced homes
- Yatesville, OH: higher priced homes
- Elm Park, AR: higher priced homes
- Ellsberry, OH: equally priced homes
- Eldred, MN: higher priced homes
- Edie, PA: higher priced homes
- Edgarton, WV: equally priced homes
- Eden, CO: higher priced homes
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