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Featured local agent — New Castle, VA
Sarah Mitchell
Compass Real Estate · New Castle, VA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Castle, VA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$228,000median sale price
How is the New Castle, VA housing market right now?
The median home sale price in New Castle, VA is $228,000. Homes sell in an average of 20 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of March 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, VA is currently a seller's market, based on 1.0 months of supply and homes selling in about 20 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
20
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
97.0%
Below asking
What does the New Castle housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $228,000 |
| Median list price | $689,000 |
| Average days on market | 20 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $88/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in New Castle by property type?
How the New Castle, VA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $228,000 | $88/sq ft | 1 | 20 days |
Source: Redfin · Updated monthly
The New Castle housing market is currently classified as a seller's market with a median sale price of $228,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 20 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in New Castle
There are currently 1 homes listed for sale in New Castle, Virginia. The median listing price is $689K.
Active listings
1
Homes on market
Median list price
$689K
Avg. days on market
20
Days until sale
New this week
1
Newly listed
Who lives in New Castle?
Population
124
Median age
24.6 years
Owner-occupied
47.8%
College grads
41.7%
Avg commute
34.1 min
Source: U.S. Census Bureau ACS
What are homes worth in New Castle?
Zillow home value
$216,144
Source: Zillow Research
What is it like to live in New Castle?
New Castle is a community of approximately 0K residents with a median age of 24.6 years. 41.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 47.8%, showing a blend of owner and renter-occupied properties. The average commute time is 34.1 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, New Castle offers a distinctive character that appeals to different lifestyle preferences.
Which public schools serve New Castle?
2 schools tracked · 470 students
The largest public schools serving New Castle, VA 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.
Craig County High
Grades 6-12 · 261 students
McCleary Elementary
Grades PK-5 · 209 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, VA?
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 $228,000, down 0.0% from last year.
How long do homes stay on market in New Castle?
Homes typically spend 20 days on market before going under contract.
Is New Castle a buyer's or seller's market?
With 1.0 months of supply, New Castle is currently a seller's market.
What is the Zillow home value estimate for New Castle?
The Zillow Home Value Index (ZHVI) for New Castle is $216,144, 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, VA is $228,000 (about $88 per square foot).
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