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These days, finding an affordable place to live in the South Newcastle area can be challenging. Home prices in South Newcastle are now at a median cost of $362,440, higher than the Maine average of $330,167.
The average cost of rent is $1,340/mo in South Newcastle, primarily driven by the current value of real estate in the South Newcastle area. In South Newcastle, 11.68% of households rent, and 32.43% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in South Newcastle is $8,617 per month. Households that rent pay about 15.55% of their income on rent here. South Newcastle’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- North Edgecomb, ME: equally priced homes
- Edgecomb, ME: equally priced homes
- Walpole, ME: higher priced homes
- Wiscasset, ME: equally priced homes
- Newcastle, ME: higher priced homes
- Bristol, ME: equally priced homes
- Squirrel Island, ME: higher priced homes
- Damariscotta, ME: equally priced homes
- Boothbay, ME: less expensive homes
- Alna Center, ME: equally priced homes
Cities with Similar Populations
- Red Hill, OK: less expensive homes
- Northmoor, MO: less expensive homes
- O'reilly, MS: less expensive homes
- Oak Ridge, NY: less expensive homes
- Oakley, IA: less expensive homes
- Ocotillo, CA: less expensive homes
- Pollock, SD: less expensive homes
- Pollocks, NC: less expensive homes
- Port Costa, CA: higher priced homes
- Port Hudson, MO: less expensive homes
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