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Featured local agent — Newcastle, WY
Sarah Mitchell
Compass Real Estate · Newcastle, WY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Newcastle, WY Housing Market
The typical home in Newcastle, WY is worth $253,767, held roughly flat 0.2% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $170,000 (through May 2026). With 12.0 months of supply and homes going under contract in about 104 days, Newcastle is a buyer's market. At today's 7.03% 30-year fixed rate, 20% down on a $253,767 home is about $1,355/mo in principal and interest.
Key numbers for Newcastle, WY
Typical home value
$253,767
+0.2% in 12 months
Zillow, August 2026
Median sale price
$170,000
Last published period
Redfin, through May 2026
Days on market
104
Slow-moving
Redfin, through May 2026
Active listings
12
12.0 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$77,014
Home costs 3.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.8%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Newcastle a buyer's or seller's market?
Newcastle, WY is a buyer's market, based on 12.0 months of supply and homes selling in about 104 days. Above 7 months of supply is a glut: inventory is well ahead of the sales pace, and buyers can take time to inspect, compare, and negotiate concessions.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Newcastle housing market data show?
Every row below is Redfin's final published month for Newcastle, WY. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $170,000 |
| Median list price | $297,000 |
| Median price per sq ft | $85/sq ft |
| Median days on market | 104 days |
| Active inventory | 12 listings |
| Months of supply | 12.0 months |
| Sale-to-list price ratio | 98.8% |
| Homes sold (that month) | 1 |
| New listings (that month) | 3 |
| Listings with a price cut | 16.7% |
| Market condition | Buyer's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Newcastle is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Newcastle is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Newcastle home prices moved?
Across the 14 months we hold for Newcastle, WY, the median sale price rose 29.8%, from $131,000 in July 2022 to $170,000. The live Zillow value series has held roughly flat 0.2% in the last 12 months, which is the more current read now that Redfin's series has stopped. 16.7% of Newcastle listings cut their asking price in the final Redfin month — a modest share, which is what a market looks like when sellers are pricing close to where homes actually clear. For prices to fall meaningfully from here, supply would have to keep building past 12.0 months while the sale-to-list ratio slips below its current 98.8%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Newcastle?
Priced off the typical home value of $253,767 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $50,753 | $203,013 | $1,355/mo |
| 5% | $12,688 | $241,078 | $1,609/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,355, that implies roughly $58,061 a year before you add taxes and insurance. The median household in Newcastle earns $77,014, about $18,953 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.3x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Newcastle in the next 12 months?
Tell us your timeline. We send the Newcastle market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Newcastle?
Zillow does not publish a rent index (ZORI) for Newcastle, WY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Newcastle?
Active listings in Newcastle, WY went from 2 in August 2022 to 12 in May 2026, a +500.0% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.
| Month | Active listings | New listings |
|---|---|---|
| June 2023 | 15 | 1 |
| August 2023 | 17 | 3 |
| October 2023 | 16 | 3 |
| August 2024 | 8 | 5 |
| October 2024 | 6 | 3 |
| December 2024 | 7 | 1 |
| January 2025 | 10 | 7 |
| April 2025 | 10 | 4 |
| October 2025 | 12 | 7 |
| December 2025 | 9 | 1 |
| February 2026 | 13 | 6 |
| May 2026 | 12 | 3 |
Redfin, through May 2026
How does Newcastle compare to Wyoming and the U.S.?
Newcastle homes sell for $170,000 — 63% below the Wyoming median of $464,500. Against the national median of $410,700, Newcastle runs 59% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Newcastle, WY | $170,000 | not published | 104 days |
| Wyoming statewide | $464,500 | +18.0% | 51 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Newcastle
What buyers should watch
- Months of supply, currently 12.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 16.7%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $254 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $253,767 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Newcastle listing goes under contract in 104 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.8% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Newcastle added 3 new listings against 1 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +0.2% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Newcastle varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Newcastle
There are currently 12 homes listed for sale in Newcastle, Wyoming. The median listing price is $297K.
Active listings
12
Homes on market
Median list price
$297K
Avg. days on market
104
Days until sale
New this week
3
Newly listed
How much do homes cost in Newcastle by property type?
How the Newcastle, WY market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $170,000 | $85/sq ft | 1 | 104 days |
Who lives in Newcastle?
American Community Survey estimates for Newcastle. U.S. Census ACS, 2023
Population
3,348
Households
1,162
Median income
$77,014/yr
Median age
37.5 years
Owner-occupied
83.4%
Median home value
$173,500
Median gross rent
$711/mo
Mean commute
20.5 min
83.4% of occupied homes in Newcastle are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $173,500 against Zillow's $253,767 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which public schools serve Newcastle?
4 schools tracked · 754 students
The largest public schools serving Newcastle, WY 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.
Newcastle High School
Grades 9-12 · 222 students
Newcastle Middle School
Grades 6-8 · 193 students
Newcastle Elementary 3-5
Grades 3-5 · 184 students
Newcastle Elementary K-2
Grades K-2 · 155 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 Newcastle, WY?
Ordered by distance from Newcastle, not by size. Compare Newcastle side by side with any of them.
Newcastle housing market FAQ
Is Newcastle a buyer's or seller's market?
Newcastle, WY is currently a buyer's market. That read comes from 12.0 months of supply, homes going under contract in about 104 days, and sellers getting 98.8% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Newcastle?
The typical home in Newcastle, WY is worth $253,767 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $170,000, about $85 per square foot.
Is Newcastle cheaper than the rest of Wyoming?
Newcastle's median sale price of $170,000 is 63% lower than the Wyoming statewide median of $464,500, and 59% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Newcastle?
Homes in Newcastle, WY spent a median of 104 days on market before going under contract, versus 51 days statewide. Over two months means buyers have time to inspect, compare and negotiate. (Redfin, through May 2026.)
What income do you need to buy a home in Newcastle?
At the current 30-year fixed rate of 7.03%, 20% down on a $253,767 home is about $1,355 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $58,061 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $77,014.
Are home prices rising in Newcastle?
The typical home value in Newcastle, WY held roughly flat 0.2% over the last 12 months, from $253,189 to $253,767 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Newcastle?
Newcastle ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Newcastle?
That depends on your timeline, not on a headline. What the data says today: Newcastle, WY is a buyer's market with 12.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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