73Alpha

New Castle, PA metro area Housing Market Brief

metro · PA · as of August 2026

Seller's

What is New Castle, PA metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum25%
-30.635
Inventory Health31%
+17.072
Affordability25%
+22.098
Economic StrengthNo data
Rental Yield19%
+14.692

Where is New Castle, PA metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

New Castle, PA metro area is classified as Mature holding near a healthy peak. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for New Castle, PA metro area?

Our model forecasts New Castle, PA metro area’s home prices to decline about 4.9% over the next 12 months (medium confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

New Castle, PA metro area housing market data

MetricValueYoY
Median Sale Price$135K-21.2%
Median Days on Market59 days▲ +7.3%
Months of Supply3.3-21.4%
Homes for Sale268-17.5%
Homes Sold85▲ +6.3%
Median Price / Sq Ft$114-7.7%

How has New Castle, PA metro area’s Alpha Score moved?

Now: 73
12-period trend
Median sale price · 12 mo

Markets like New Castle, PA metro area

Frequently asked questions

Is New Castle, PA metro area a buyer's or seller's market?

As of August 2026, New Castle, PA metro area is classified as a Seller's Market, based on its Alpha Score of 73 out of 100. It is based on the 4 of five dimensions we can measure for this market — price, inventory, affordability, and rental-yield — whose weights are scaled up to cover the whole score. The rest are not measured here and are left out rather than filled in with a placeholder.

Are home prices rising or falling in New Castle, PA metro area?

The median sale price in New Castle, PA metro area is $135K, having fallen 21.2% over the past year.

How affordable is New Castle, PA metro area?

New Castle, PA metro area scores 98 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving New Castle, PA metro area's Alpha Score?

New Castle, PA metro area's strongest dimension is Affordability (98/100) and its weakest is Price Momentum (35/100). The Alpha Score is a weighted blend of five dimensions; 4 of them have data for this market.

Want the live, interactive view of New Castle, PA metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.