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Sunday, February 23, 2025

New Castle home prices fall in August 2017

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The median sale price of a home sold in August 2017 in New Castle fell by $24,250 while total sales decreased by 50%, according to BlockShopper.com.

In August 2017, there were six homes sold, with a median sale price of $149,500 - a 14% decrease over the $173,750 median sale price for the same period of the previous year. There were 12 homes sold in New Castle in August 2016.

The median sales tax in New Castle for the most recent year with available data, 2015, was $1,420, approximately 1% of the median home sale price for August 2017.

The following table compares New Castle to other New Castle County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Brookside910-10%$161,500$201,950-20%
Limestone Gardene220%$155,000$212,800-27.2%
Belvidere12-50%$155,000$143,5008%
Champlin Village21100%$153,350$56,299172.4%
Lakecroft II14-75%$150,000$112,50033.3%
New Castle612-50%$149,500$173,750-14%
Wilmington Manor915-40%$143,700$170,000-15.5%
Swanwyck42100%$135,500$133,2001.7%
Collins Park13-66.7%$134,900$52,000159.4%
Silview330%$130,000$183,000-29%
Duross Heights20-$129,100.50$0-

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