Home Values

Newcastle Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$155,600

  • 10.5% 1-year change
  • 2.9% 1-year forecast

The median home value in Newcastle is $155,600. Newcastle home values have gone up 10.5% over the past year and Zillow predicts they will rise 2.9% within the next year. The median list price per square foot in Newcastle is $113, which is higher than the Oklahoma City Metro average of $96. The median price of homes currently listed in Newcastle is $261,855 while the median price of homes that sold is $183,077.

Foreclosures will be a factor impacting home values in the next several years. In Newcastle 2.2 homes are foreclosed (per 10,000). This is greater than the Oklahoma City Metro value of 1.2 and also lower than the national value of 4.2

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Newcastle is 4.2%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Newcastle homeowners underwater on their mortgage is 9.5%, which is lower than Oklahoma City Metro at 11.2%.

Read more
Relative ZHVI
- +

Newcastle Market Overview

Data through Nov 30, 2014
  • $155,600 ZHVI
  • 2.9% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Nov 30, 2015)
  • $261,855 Median listing price
  • $183,077 Median sale price (Oct 31, 2014)
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Newcastle Market Health

Data through Nov 30, 2014
  • 8.3/10 Very healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • 9.5% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.2% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

2.2 homes(Oct 31, 2013) Newcastle
1.2 homes Oklahoma City Metro
4.2 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Cities

Name Median ZHVI
Mustang $154,400
Norman $145,600
Moore $121,000
Name Median ZHVI
Oklahoma City $120,900
Noble $106,900
Warr Acres $101,600
Name Median ZHVI
Bethany $101,500
Del City $70,100
 

Listings & Sales

Data through Nov 30, 2014
  • $113 Median list price / sq ft
  • $95 Median sale price / sq ft (Oct 31, 2014)
  • No data Listings with price cut
23.9%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Newcastle Rentals

Data through Nov 30, 2014
  • Zillow Rent Index

  • $1,265 Newcastle
    $1,176 Oklahoma City Metro
    $1,342 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading