Is New Castle, KY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, New Castle has remained a Seller's Market.
Housing Prices in New Castle, KY
How much do homes in New Castle, KY cost?
Median Sold Price
$242,500
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in New Castle was $242,500 in April 2024, up 27.7% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $74.9K | N/A |
2 Bedrooms | $220K | $145K | -34.1% |
3 Bedrooms | $177.9K | $235K | +32.1% |
4 Bedrooms | $225K | $301.2K | +33.9% |
5+ Bedrooms | $224K | $280K | +25.0% |
Summary: New Castle housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 34.1%, 3 bedroom homes increased by 32.1%, 4 bedroom homes increased by 33.9%, and 5+ bedroom homes increased by 25%.
Housing Supply in New Castle, KY
How many homes are available in New Castle, KY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
5 | 4 | -20.0% |
Summary: The New Castle real estate market had 4 homes for sale in April 2024, a 20.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 5 | 4 | -20.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The New Castle housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1 | 1 | 0.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in New Castle in April 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for New Castle, KY
We’re sorry, we don't have information for this market at the moment