Zip 24127 (New Castle, VA) Housing

New Castle, VA is a beautiful town in Virginia with a housing median value of $173,000. This is significantly lower than the US median house value of $338,100. However, it is impressive that New Castle has had an appreciation rate of 15.8% for houses over the last year — much higher than the national average of 8.27%. With its attractive location and rising property values, it is easy to see why New Castle has become such a desirable place to live.

The median home cost in New Castle (zip 24127) is $173,000. Home appreciation the last 10 years has been 55.9%. Home Appreciation in New Castle (zip 24127) is up 15.8%.

Average Age of Homes

- The median age of New Castle (zip 24127) real estate is 38 years old

The Rental Market in New Castle (zip 24127)

- Renters make up 16.3% of the New Castle (zip 24127) population
- 2.5% of houses and apartments in New Castle (zip 24127), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New Castle, Virginia	United States
	2,119.0	139,647,020.0
	38	42
	$173,000	$338,100
	15.8%	16.6%
	48.0%	57.0%
	55.9%	101.1%
	$5.16	$10.98
	$770	$2,690
	56.2%	57.4%
	25.6%	11.2%
	18.2%	31.4%
Vacant Housing
	2.5%	1.9%
	0.0%	0.4%
	3.8%	0.7%
	0.0%	0.4%
	9.1%	3.6%
	10.3%	4.1%
Value of Owner-Occupied Housing
	4.6%	2.6%
	5.5%	2.4%
	2.0%	2.8%
	5.5%	3.9%
	11.1%	4.5%
	21.8%	11.3%
	11.0%	13.0%
	21.6%	20.1%
	14.8%	13.6%
	0.0%	8.3%
	2.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	13.6%	13.6%
	13.6%	13.6%
	20.4%	13.6%
	18.5%	13.2%
	17.3%	14.8%
	20.4%	13.6%
	4.8%	10.0%
	3.7%	4.7%
	14.3%	12.2%

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