Is New Castle, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, New Castle has remained a Seller's Market.
Housing Prices in New Castle, NY
How much do homes in New Castle, NY cost?
Median Sold Price
$1,200,000
$422/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in New Castle was $1,200,000 in June 2024, up 2% from last year, and the median price per square foot was $422.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $380K | $460K | +21.1% |
2 Bedrooms | $685K | $750K | +9.5% |
3 Bedrooms | $900K | $937.5K | +4.2% |
4 Bedrooms | $1.2M | $1.4M | +8.0% |
5+ Bedrooms | $1.6M | $1.6M | +0.6% |
Summary: New Castle housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 21.1%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 8%, and 5+ bedroom homes increased by 0.6%.
Median Sold Price Compared To Nearby Cities
Bedford | $925K | $1.1M | +25.1% |
Mount Kisco | $630K | $690K | +9.5% |
Chappaqua | $1.2M | $1.3M | +8.1% |
New Castle | $1.1M | $1.2M | +2.0% |
Housing Supply in New Castle, NY
How many homes are available in New Castle, NY?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
138 | 146 | +5.8% |
Summary: The New Castle real estate market had 146 homes for sale in June 2024, a 5.8% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 3 | +200.0% |
2 Bedrooms | 21 | 17 | -19.0% |
3 Bedrooms | 34 | 36 | +5.9% |
4 Bedrooms | 49 | 54 | +10.2% |
5+ Bedrooms | 33 | 36 | +9.1% |
Summary: The New Castle housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes decreased by 19%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 10.2%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
12 | 28 | +133.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in New Castle in June 2024, up by 133.3% month-over-month. Of the 28 sold homes, 25% were sold under asking, 11% were sold at asking, and 64% were sold over asking.
Days on Market for New Castle, NY
How long does it take to sell a home in New Castle, NY?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
20 Days | 45 Days | +119.2% |
Summary: Homes in New Castle had an average of 45 days on market in Jun 2024, up by 119.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During June 2024, 28 homes were sold in New Castle; 75% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.