New Castle, PA Real Estate Market 2026

Investor-grade market analytics for New Castle, Pennsylvania. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.

Median Home Price

$164,958

+3.7% year-over-year

Est. Rental Yield

7.0%

gross annual

12-Month Forecast

+3.7%

base case (Zillow ZHVF)

+3.7% year-over-year

Climate Risk

25/100

Low

Market Momentum

❄️
Cooling
4.4mo supply · Score -2/7

Net migration: Top 34% nationally

Income Migration

➡️ Neutral0.94x

In-migrants avg $50,744 AGI vs out-migrants $53,973

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Opportunity Zone Market

2 ZIP codes in New Castle are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →

New Castle Market Summary

New Castle, PA shows steady growth at 3.7% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 2.86x, below the national average of 4.8x. Modest net positive migration (+64 returns/year) provides steady demand support. Climate risk remains low (25/100), favorable for long-term investment stability. Rental yield of 6.99% is strong, making this market attractive for buy-and-hold investors.

Affordability

Affordability Score100/100
Price-to-Income Ratio2.9x (national avg 4.8x)
Median Household Income$57,585

Price Forecast Scenarios

12-month projection (Zillow ZHVF model)

Bear Case+1.8%
Base Case+3.7%
Bull Case+5.5%

Climate & Natural Hazard Risk

New Castle, PA's primary climate exposure is flooding (50/100). The composite climate risk score of 25/100 (Low) indicates overall risk reflecting favorable conditions for long-term real estate investment. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.

Source: FEMA National Risk Index

Get the full New Castle dataset

Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.