New Castle, PA metro area Housing Market

Cold Market

Comprehensive housing market data for the New Castle, PA metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: January 2026

Median Sale Price

$159K

37.8% YoY

Days on Market

74 days

1.4% YoY

Active Inventory

264

7.0% YoY

Homes Sold

48

2.1% YoY

Cold Market

Inventory is high and homes are sitting longer — a buyer's market.

New Castle, PA metro area Market Summary

The New Castle, PA metro area housing market is cooling down. As of January 2026, the median home sale price is $159K, up 37.8% year-over-year. Homes are spending a median of 74 days on the market, 1.4% longer than a year ago.

There are 264 homes for sale — 7.0% fewer than last year. With 5.5 months of supply, this is a balanced market. 58 new listings were added during this period, up 1.8% year-over-year.

Homes are selling for 94.4% of their list price on average, suggesting room for negotiation. 22.9% of homes sell above their asking price. 14.0% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

78

Contributing Factors

Months of Supply 5.5
Days on Market 74
Price Drops 14.0%
Sale-to-List Ratio 94.4%
Market Temperature Cold

How This Market Compares

vs. National Median

Median Price (National: $423K) 62.5%
Days on Market (National: 66) 12.1%
Inventory (National: 1,210,379) 100.0%

vs. Pennsylvania Median

Median Price (Pennsylvania: $300K) 47.1%
Days on Market (Pennsylvania: 50) 48.0%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. High inventory relative to sales pace means buyers have options and sellers may be flexible on price. Prices are 63% below the national median, which could indicate stronger cash flow potential.

New Castle, PA metro area Market Trends

Median Sale Price

Median Days on Market

Active Inventory

Homes Sold

Price per Square Foot

Sale-to-List Ratio

New Listings

Listings with Price Drops

Detailed Market Metrics

Median List Price

$160K

Price per Sq Ft

$109

Sale-to-List Ratio

94.4%

Months of Supply

5.5

Sold Above List

22.9%

Price Drops

14.0%

New Listings

58

1.8% YoY

Pending Sales

55

Off Market in 2 Weeks

27.3%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.