New Castle, PA metro area Housing Market

Cold Market

Comprehensive housing market data for the New Castle, PA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$173K

25.0% YoY

Days on Market

82 days

20.6% YoY

Active Inventory

272

8.8% YoY

Homes Sold

64

0.0% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

New Castle, PA metro area Market Summary

The New Castle, PA metro area housing market is cooling down. As of March 2026, the median home sale price is $173K, up 25.0% year-over-year. Homes are spending a median of 82 days on the market, 20.6% longer than a year ago.

There are 272 homes for sale — 8.8% more than last year. With 4.3 months of supply, this is a balanced market. 94 new listings were added during this period, up 19.0% year-over-year.

Homes are selling for 93.9% of their list price on average, suggesting room for negotiation. 21.9% of homes sell above their asking price. 16.9% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

81

Contributing Factors

Months of Supply 4.3
Days on Market 82
Price Drops 16.9%
Sale-to-List Ratio 93.9%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $437K) 60.3%
Days on Market (National: 55) 49.1%
Inventory (National: 1,314,690) 100.0%

vs. Pennsylvania Median

Median Price (Pennsylvania: $310K) 44.0%
Days on Market (Pennsylvania: 46) 78.3%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 60% below the national median, which could indicate stronger cash flow potential.

New Castle, PA metro area Market Trends

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Detailed Market Metrics

Median List Price

$162K

Price per Sq Ft

$122

Sale-to-List Ratio

93.9%

Months of Supply

4.3

Sold Above List

21.9%

Price Drops

16.9%

New Listings

94

19.0% YoY

Pending Sales

84

Off Market in 2 Weeks

30.9%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.