Newcastle, CA—95658
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Newcastle, CA
As of Oct '25, the median home price in Newcastle, CA is $904,000, with a year-over-year change of 1.4%. This indicates that home prices in Newcastle, CA are increasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $904,000 | 1.4% |
| Single Family | $904,000 | 1.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $621,000 | 1.6% |
3 Bed | $855,000 | 0.8% |
4 Bed | $1,115,000 | 0.1% |
| 5 Bed | $1,345,000 | -0.4% |
% of Housing Stock
Rental Trends — Newcastle, CA
As of July '25, Rentcast reports the average rent in Newcastle, CA is $2,300, with a year-over-year rent change of -30.7%. Per bedroom, the median rent as of July '25 in Newcastle, CA is 2-bedrooms: $1,950, 3-bedrooms: $3,000. The most common rental property sizes in Newcastle, CA are 2-bedroom and 4-bedroom, accounting for 39.8% and 24.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,050 | $2,300 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,850 | $1,950 |
| 3 Bed Rent | $3,000 | $3,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Newcastle, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Newcastle, CA is 60. This is a decrease of -23.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 19.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,390,000 | 19.0% |
Listing Count | 31 | 43.0% |
| Listings as % of Homes | 0.6% | 43.0% |
Days on Market | 60 | -23.0% |
Demographics — Newcastle, CA
As of the latest ACS Survey released in 2023, Newcastle, CA has a population of 6,200, which has decreased by -9.6% over the past 5 years. Newcastle, CA is a moderately popular place for families, as children make up 18.9% of the population. The area has a moderately educated workforce, with 44.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,200 | -9.6% |
% Under 18 | 18.9% | 0.0% |
% Seniors | 27.2% | 13.3% |
% WFH | 15.4% | 52.5% |
% w/ College Degree | 44.6% | 9.9% |
As of the latest ACS Survey released in 2023, Newcastle, CA is a predominantly white area, with 80.0% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Newcastle, CA is hispanic, making up 9.5% of the population. Foreign-born residents account for 4.0% of the population in Newcastle, CA, and this percentage has decreased by 25.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.0% | -3.7% |
% Black | 2.5% | 66.7% |
% Hispanic | 9.5% | 26.7% |
% Asian | 1.4% | -58.8% |
% Foreign Born | 4.0% | -25.9% |
Mortgage and Risk — Newcastle, CA
According to HUD data as of 2023, there were 40 mortgage originations in Newcastle, CA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 50.0%, with 12.0% above 90% LTV (elevated). This implies medium mortgage risk in Newcastle, CA. Investor activity is low, as 0.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 40 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Newcastle, CA
Newcastle, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1 |
Total Units Section 8 | 1 |
% Rentals under Section 8 | 0.5% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,760 |
| 2 Bedroom | $340 | $1,850 | $2,190 |
| 3 Bedroom | -$30 | $3,000 | $2,970 |
| 4 Bedroom | N/A | N/A | $3,430 |
Affordability — Newcastle, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.7 |
| Median Home Price | $904,000 |
| Median Household Income | $128,000 |