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Sunday, April 20, 2025

New Castle home prices fall in January 2017

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The median sale price of a home sold in January 2017 in New Castle fell by $57,500 while total sales increased by 50%, according to BlockShopper.com.

In January 2017, there were three homes sold, with a median sale price of $137,000 - a 29.6% decrease over the $194,500 median sale price for the same period of the previous year. There were two homes sold in New Castle in January 2016.

The median sales tax in New Castle for the most recent year with available data, 2015, was $856, approximately 0.6% of the median home sale price for January 2017.

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

CityJan. 2017 Home SalesJan. 2016 Home Sales% change (Total Home Sales)Jan. 2017 Median Sales PriceJan. 2016 Median Sales Price% change (Median Sales Price)
Elmwood10-$156,336$0-
Brookland Terrace220%$152,500$138,45010.1%
Windsor Hills10-$150,000$0-
Riveredge Park10-$148,000$0-
Limestone Gardene10-$145,950$0-
New Castle3250%$137,000$194,500-29.6%
Delaware City20-$136,250$0-
Willow Run20-$136,000$0-
Lyndalia110%$134,900$103,00031%
Minquadale20-$134,500$0-
Wilmington Manor37-57.1%$130,000$151,000-13.9%

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