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Featured local agent — New Castle, KY
Sarah Mitchell
Compass Real Estate · New Castle, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Castle, KY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$218,000median sale price
How is the New Castle, KY housing market right now?
The median home sale price in New Castle, KY is $218,000. Homes sell in an average of 33 days with 3 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is New Castle a buyer's or seller's market?
New Castle, KY is currently a balanced market, based on 3.0 months of supply and homes selling in about 33 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
33
Average pace
Active listings
3
3.0 months supply
Sale-to-list
100.0%
Above asking
What does the New Castle housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $218,000 |
| Median list price | $152,500 |
| Average days on market | 33 days |
| Active inventory | 3 listings |
| Months of supply | 3.0 months |
| Sale-to-list price ratio | 100.0% |
| Median price per sq ft | $216/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 2 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in New Castle by property type?
How the New Castle, KY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $218,000 | $216/sq ft | 1 | 33 days |
Source: Redfin · Updated monthly
The New Castle housing market is currently classified as a balanced market with a median sale price of $218,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 33 days on market, indicating 3.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 6.6x provides context for how home values compare to local earning capacity.
Homes for sale in New Castle
There are currently 3 homes listed for sale in New Castle, Kentucky. The median listing price is $153K.
Active listings
3
Homes on market
Median list price
$153K
Avg. days on market
33
Days until sale
New this week
2
Newly listed
Who lives in New Castle?
Population
865
Median income
$33,833/yr
Median age
49.4 years
Owner-occupied
55.0%
College grads
17.6%
Avg commute
24.5 min
Source: U.S. Census Bureau ACS
What are homes worth in New Castle?
Zillow home value
$222,267
Price-to-income
6.6x
Source: Zillow Research
What is it like to live in New Castle?
New Castle is a community of approximately 1K residents with a median age of 49.4 years.The median household income is $33,833, which represents a working-class community with solid middle-income opportunities. 17.6% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.0%, showing a blend of owner and renter-occupied properties. The average commute time is 24.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, New Castle offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve New Castle?
4 schools tracked · 1,487 students
The largest public schools serving New Castle, KY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Henry County High School
Grades 9-12 · 617 students
Henry County Middle School
Grades 6-8 · 419 students
New Castle Elementary School
Grades K-5 · 334 students
Henry County Early Childhood
Grades PK · 117 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near New Castle, KY?
Want a head-to-head view? Compare New Castle side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in New Castle?
The median home sale price in New Castle is $218,000, down 0.0% from last year.
How long do homes stay on market in New Castle?
Homes typically spend 33 days on market before going under contract.
What is the median income in New Castle?
The median household income is $33,833 per year.
Is New Castle a buyer's or seller's market?
With 3.0 months of supply, New Castle is currently a balanced market.
What is the Zillow home value estimate for New Castle?
The Zillow Home Value Index (ZHVI) for New Castle is $222,267, representing the typical home value in the area.
How much does a single-family home cost in New Castle?
The median single-family home price in New Castle, KY is $218,000 (about $216 per square foot).
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