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Saturday, April 19, 2025

New Castle home prices fall in July 2017

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The median sale price of a home sold in July 2017 in New Castle fell by $80,460 while total sales decreased by 50%, according to BlockShopper.com.

In July 2017, there were five homes sold, with a median sale price of $120,540 - a 40% decrease over the $201,000 median sale price for the same period of the previous year. There were 10 homes sold in New Castle in July 2016.

The median sales tax in New Castle for the most recent year with available data, 2015, was $856, approximately 0.7% of the median home sale price for July 2017.

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

CityJuly 2017 Home SalesJuly 2016 Home Sales% change (Total Home Sales)July 2017 Median Sales PriceJuly 2016 Median Sales Price% change (Median Sales Price)
Forest Park21100%$130,000$105,76022.9%
Scarborough Park21100%$129,000$135,000-4.4%
Collins Park12-50%$128,800$95,481.5034.9%
Beechers Lot110%$125,000$303,000-58.7%
Brookhaven14-75%$124,900$120,0004.1%
New Castle510-50%$120,540$201,000-40%
Princeton Wood II31200%$117,219$104,55012.1%
Lakecroft II10-$115,000$0-
Garfield Park20-$111,139.77$0-
Latimer Estates10-$107,930.40$0-
Whilton21100%$107,608$82,00031.2%

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