Home Price Key
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Average
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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 $297,053, higher than the Maine average of $243,042.
The average cost of rent is $899/mo in Newcastle, primarily driven by the current value of real estate in the Newcastle area. While nearly 28.39% of residents own their homes outright in Newcastle, 22.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Newcastle is $6,568 per month. Households that rent pay about 13.68% of their income on rent here. Newcastle's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Damariscotta, ME: less expensive homes
- Alna, ME: less expensive homes
- Nobleboro, ME: less expensive homes
- North Newcastle, ME: less expensive homes
- Alna Center, ME: less expensive homes
- South Newcastle, ME: equally priced homes
- Bristol, ME: equally priced homes
- North Edgecomb, ME: equally priced homes
- Bremen, ME: equally priced homes
- Head Tide, ME: less expensive homes
Cities with Similar Populations
- West Springfield, PA: less expensive homes
- Evans, WV: less expensive homes
- Verdun, LA: less expensive homes
- East Carondelet, IL: less expensive homes
- Durhamville, NY: less expensive homes
- Dryden, WA: higher priced homes
- Wellsburg, NY: less expensive homes
- Cordova, MD: higher priced homes
- Clyde Park, MT: higher priced homes
- Saspamco, TX: less expensive homes
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