New Castle, KY—40070
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in New Castle, KY
Home Price Trends — New Castle, KY
As of Oct '25, the median home price in New Castle, KY is $264,000, with a year-over-year change of 7.2%. This indicates that home prices in New Castle, KY are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $264,000 | 7.2% |
| Single Family | $264,000 | 7.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New Castle, KY
New Castle, KY lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New Castle, KY
As of Oct '25, Realtor.com reports that the median days on market for a home in New Castle, KY is 295. This is a increase of 13200.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $840,000 | -39.0% |
Listing Count | 1 | 0.0% |
| Listings as % of Homes | 0.5% | 0.0% |
Days on Market | 295 | 13,200.0% |
Demographics — New Castle, KY
As of the latest ACS Survey released in 2023, New Castle, KY has a population of 420, which has decreased by -37.5% over the past 5 years. New Castle, KY is a moderately popular place for families, as children make up 18.1% of the population. The area has a poorly educated workforce, with 13.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 420 | -37.5% |
% Under 18 | 18.1% | -47.4% |
% Seniors | 18.1% | 1,292.3% |
% WFH | 4.5% | -30.8% |
% w/ College Degree | 13.7% | -40.2% |
As of the latest ACS Survey released in 2023, New Castle, KY is a predominantly white area, with 92.6% of the population identifying as white. The white population has shrunk by 6.0% in the last 5 years. The second most common race or ethnicity in New Castle, KY is hispanic, making up 5.2% of the population. Foreign-born residents account for 3.6% of the population in New Castle, KY, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.6% | -6.0% |
% Black | 0.0% | -100.0% |
% Hispanic | 5.2% | ∞% |
% Asian | 0.0% | N/A |
% Foreign Born | 3.6% | 0.0% |
Mortgage and Risk — New Castle, KY
New Castle, KY lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — New Castle, KY
New Castle, KY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,000 |
| 2 Bedroom | N/A | N/A | $1,220 |
| 3 Bedroom | N/A | N/A | $1,570 |
| 4 Bedroom | N/A | N/A | $1,780 |
Affordability — New Castle, KY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.9 |
| Median Home Price | $264,000 |
| Median Household Income | N/A |