Is New Castle, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, New Castle has remained a Buyer's Market.
Housing Prices in New Castle, NY
How much do homes in New Castle, NY cost?
Median Sold Price
$1,195,000
$422/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in New Castle was $1,195,000 in April 2024, up 3.4% from last year, and the median price per square foot was $422.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $372.5K | $450K | +20.8% |
2 Bedrooms | $642.5K | $715K | +11.3% |
3 Bedrooms | $900K | $962K | +6.9% |
4 Bedrooms | $1.2M | $1.4M | +11.0% |
5+ Bedrooms | $1.7M | $1.5M | -10.2% |
Summary: New Castle housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 20.8%, 2 bedroom homes increased by 11.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 10.2%.
Median Sold Price Compared To Nearby Cities
Bedford | $960K | $1.0M | +6.8% |
Chappaqua | $1.2M | $1.3M | +4.9% |
New Castle | $1.1M | $1.1M | +3.4% |
Mount Kisco | $662K | $645K | -2.6% |
Housing Supply in New Castle, NY
How many homes are available in New Castle, NY?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
91 | 116 | +27.5% |
Summary: The New Castle real estate market had 116 homes for sale in April 2024, a 27.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 9 | 9 | 0.0% |
3 Bedrooms | 24 | 30 | +25.0% |
4 Bedrooms | 36 | 43 | +19.4% |
5+ Bedrooms | 21 | 33 | +57.1% |
Summary: The New Castle housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 19.4%, and 5+ bedroom homes increased by 57.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
8 | 14 | +75.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 14 homes were sold or pending in New Castle in April 2024, up by 75.0% month-over-month. Of the 14 sold homes, 21% were sold under asking, 21% were sold at asking, and 57% were sold over asking.
Days on Market for New Castle, NY
How long does it take to sell a home in New Castle, NY?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
40 Days | 25 Days | -35.8% |
Summary: Homes in New Castle had an average of 25 days on market in Apr 2024, down by 35.8% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 14 homes were sold in New Castle; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.