New Castle Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in New Castle averaged 5.97% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 5.93% and one month ago for the week of 2024-08-29, the average rate was 6.4%.

New Castle's average rate one year ago was 7.06%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.52%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
New Castle 30 Year Fixed Rate 2024-10-03 5.97%
New Castle 30 Year Fixed Rate Refi 2024-10-03 6.52%
New Castle 15 Year Fixed Rate 2024-10-03 5.05%
New Castle 15 Year Fixed Rate Refi 2024-10-03 5.65%
New Castle 30 Year FHA 2024-10-03 5.74%
New Castle 30 Year FHA Refi 2024-10-03 5.69%
New Castle 30 Year USDA 2024-10-03 6.07%
New Castle 30 Year USDA Refi 2024-10-03 5.87%
New Castle 30 Year VA 2024-10-03 5.4%
New Castle 30 Year VA Refi 2024-10-03 5.4%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within New Castle, PA.

New Castle Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the New Castle, PA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
HOWARD HANNA FINANCIAL SERVICES, INC. 43 6.51% $4,353
QUICKEN LOANS, LLC 32 6.96% $6,684
UNITED WHOLESALE MORTGAGE, LLC 28 7.02% $6,129
The Huntington National Bank 27 6.90% $4,818
First Commonwealth Bank 22 6.64% $4,441
Citizens Bank 18 6.69% $6,023
First National Bank of Pennsylvania 17 6.56% $4,506
PNC Bank 17 7.04% $4,625
Union Savings Bank 16 6.51% $3,670
WEST PENN FINANCIAL SERVICE CENTER, INC. 15 6.37% $4,622
GUARANTEED RATE AFFINITY, LLC 10 6.67% $5,060
AFFORDABLE MORTGAGE ADVISORS, LLC. 8 6.33% $4,596
Northwest Bank 8 6.36% $4,478
ALLIED MORTGAGE GROUP, INC. 7 7.00% $7,008
WesBanco 7 6.14% $5,132
EVANSVILLE TEACHERS 6 6.48% $3,725
STOCKTON MORTGAGE CORPORATION 5 6.68% $4,428
Flagstar Bank, FSB 5 7.13% $5,119
Ixonia Bank 5 7.42% $5,256
NEXTIER BANK, NATIONAL ASSOCIATION 4 6.91% $5,380
PENNYMAC LOAN SERVICES, LLC 4 6.72% $7,273
DAS Acquisition Company, LLC 4 6.84% $9,276
PROVIDENT FUNDING ASSOCIATES, L.P. 4 6.22% $5,568
JLB CORPORATION 4 6.91% $5,232
EQUITY RESOURCES, INC. 4 6.53% $4,666
WELCOME HOME FINANCE, L.P. 3 6.83% $4,073
UNION HOME MORTGAGE CORP. 3 7.83% $5,744
The Farmers National Bank of Canfield 3 7.21% $4,546
PLAZA HOME MORTGAGE, INC. 3 7.16% $6,788
Dollar Bank, Federal Savings Bank 3 6.54% $4,399
DEVELOPER'S MORTGAGE COMPANY 3 6.25% $4,514
State Financial Network, LLC 3 7.17% $3,281
Sail Mortgage Corp. 2 6.31% $5,236
ROYAL UNITED MORTGAGE LLC 2 7.31% $6,299
Nations Lending Corporation 2 6.88% $3,054
BAY EQUITY LLC 2 6.62% $9,112
MUTUAL OF OMAHA MORTGAGE, INC. 2 6.37% $8,394
BROKER SOLUTIONS, INC. 2 6.75% $6,330
PENNSYLVANIA STATE EMPLOYEES Credit Union 2 6.19% $3,236
ZILLOW HOME LOANS, LLC 2 7.38% $7,760
MidAtlantic Farm Credit, ACA 2 7.31% $6,495
MOVEMENT MORTGAGE, LLC 2 6.28% $7,994
NAVY FEDERAL CREDIT UNION 2 7.69% $2,722
UNITED 1 6.88% $4,723
AMERISAVE MORTGAGE CORPORATION 1 5.88% $4,653
ATLANTIC BAY MORTGAGE GROUP, L.L.C. 1 7.50% $5,555
Bank of America 1 7.25% $4,268
BETTER MORTGAGE CORPORATION 1 5.75% $4,426
Blue Ridge Bank 1 6.99% $8,563
CALIBER HOME LOANS, INC. 1 6.38% $4,305
CHURCHILL MORTGAGE CORPORATION 1 6.50% $3,184
Community Bank 1 6.25% $3,016
CROSSCOUNTRY MORTGAGE, LLC 1 6.63% $3,666
DATA MORTGAGE, INC. 1 6.50% $8,858
Deere Employees Credit Union 1 6.88% $4,741
EMBRACE HOME LOANS, INC. 1 7.13% $2,878
EMM LOANS LLC 1 6.50% $8,462
FEDERATED MORTGAGE CORP. 1 7.49% $3,601
FLAT BRANCH MORTGAGE, INC. 1 6.25% $4,061
GUARANTEED RATE, INC. 1 8.13% $5,270
GUILD MORTGAGE COMPANY 1 6.99% $8,470
InFirst Bank 1 6.38% $3,084
LENOX FINANCIAL MORTGAGE CORPORATION 1 6.88% $7,668
MICHIGAN MUTUAL, INC. 1 7.63% $7,404
Mortgage Research Center, LLC 1 7.25% $1,215
Mr. Cooper ( Nationstar Mortgage ) 1 6.99% $4,142
M&T Bank 1 6.63% $4,357
Neighborhood Loans, Inc. 1 7.63% $8,127
NORWICH COMMERCIAL GROUP, INC. 1 8.13% $3,483
PENTAGON FEDERAL CREDIT UNION 1 7.25% $5,330
PROPONENT Federal Credit Union 1 6.75% $4,057
Prosperity Home Mortgage, LLC 1 5.50% $5,966
RAPID MORTGAGE COMPANY 1 7.13% $8,848
RELIANCE FIRST CAPITAL, LLC 1 7.63% $6,130
S&T Bank 1 6.63% $3,438
Univest Bank and Trust Co. 1 6.38% $4,632
USAA Federal Savings Bank 1 6.00% $8,150
U.S. Bank 1 6.00% $9,380
Victorian Finance, LLC 1 6.88% $7,922
Wells Fargo Bank 1 7.63% $5,336

New Castle Average Closing Costs & Other Stats

New Castle, PA's 80 lenders originated 1,492 loans during 2023. The total origination value was $181,730,000, with an average loan value of $121,803.

New Castle's average closing costs are $5,112.

The top New Castle lender as defined by loan originations is HOWARD HANNA FINANCIAL SERVICES, INC., with 43 loans originated. Their average total fees are $4,353, which is $2,331 lower than the next largest lender, QUICKEN LOANS, LLC.

The lowest fee New Castle lenders (with over 10 loans originated) are Union Savings Bank ($3,670), HOWARD HANNA FINANCIAL SERVICES, INC. ($4,353), First Commonwealth Bank ($4,441), First National Bank of Pennsylvania ($4,506) and WEST PENN FINANCIAL SERVICE CENTER, INC. ($4,622).

The lowest rate New Castle lenders (with over 10 loans originated) are WEST PENN FINANCIAL SERVICE CENTER, INC. (6.37%), Union Savings Bank (6.51%), HOWARD HANNA FINANCIAL SERVICES, INC. (6.51%), First National Bank of Pennsylvania (6.56%) and First Commonwealth Bank (6.64%).

New Castle, PA Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
The Huntington National Bank $23,385,000 $20,750,000 -11.3% 11.4%
First National Bank of Pennsylvania $21,165,000 $12,910,000 -39.0% 7.1%
QUICKEN LOANS, LLC $19,020,000 $12,165,000 -36.0% 6.7%
First Commonwealth Bank $16,950,000 $11,420,000 -32.6% 6.3%
UNITED WHOLESALE MORTGAGE, LLC $8,365,000 $9,945,000 18.9% 5.5%
HOWARD HANNA FINANCIAL SERVICES, INC. $13,000,000 $9,855,000 -24.2% 5.4%
PNC Bank $11,470,000 $8,620,000 -24.8% 4.7%
Citizens Bank $14,900,000 $5,610,000 -62.3% 3.1%
Union Savings Bank $5,765,000 $4,995,000 -13.4% 2.7%
WesBanco $10,285,000 $4,640,000 -54.9% 2.6%
Northwest Bank $1,270,000 $3,005,000 136.6% 1.7%
WEST PENN FINANCIAL SERVICE CENTER, INC. $4,590,000 $2,950,000 -35.7% 1.6%
Greenville Savings Bank $4,390,000 $2,845,000 -35.2% 1.6%
Ixonia Bank $370,000 $2,715,000 633.8% 1.5%
GUARANTEED RATE AFFINITY, LLC $2,290,000 $2,485,000 8.5% 1.4%
ALLIED MORTGAGE GROUP, INC. $2,585,000 $2,095,000 -19.0% 1.2%
PENNSYLVANIA STATE EMPLOYEES Credit Union $1,510,000 $1,980,000 31.1% 1.1%
S&T Bank $2,710,000 $1,935,000 -28.6% 1.1%
NEXTIER BANK, NATIONAL ASSOCIATION $1,450,000 $1,800,000 24.1% 1.0%
MOVEMENT MORTGAGE, LLC $620,000 $1,770,000 185.5% 1.0%
Mortgage Research Center, LLC $4,185,000 $1,725,000 -58.8% 0.9%
PLAZA HOME MORTGAGE, INC. $2,080,000 $1,680,000 -19.2% 0.9%
First Federal Bank of the Midwest $3,760,000 $1,525,000 -59.4% 0.8%
DAS Acquisition Company, LLC $320,000 $1,420,000 343.8% 0.8%
AFFORDABLE MORTGAGE ADVISORS, LLC. $4,050,000 $1,320,000 -67.4% 0.7%
Washington Financial Bank $1,245,000 $1,290,000 3.6% 0.7%
Flagstar Bank, FSB $3,100,000 $1,285,000 -58.5% 0.7%
JLB CORPORATION $1,680,000 $1,285,000 -23.5% 0.7%
Mars Bank $1,685,000 $1,280,000 -24.0% 0.7%
PENNYMAC LOAN SERVICES, LLC $1,030,000 $1,185,000 15.0% 0.7%
MEMBERS 1ST FEDERAL CREDIT UNION $190,000 $1,155,000 507.9% 0.6%
EVANSVILLE TEACHERS $450,000 $1,135,000 152.2% 0.6%
MidAtlantic Farm Credit, ACA $355,000 $1,010,000 184.5% 0.6%
STOCKTON MORTGAGE CORPORATION $1,055,000 $890,000 -15.6% 0.5%
Mr. Cooper ( Nationstar Mortgage ) $1,840,000 $880,000 -52.2% 0.5%
ARMCO CREDIT UNION $1,260,000 $870,000 -31.0% 0.5%
DEVELOPER'S MORTGAGE COMPANY $1,415,000 $865,000 -38.9% 0.5%
LIMA ONE CAPITAL, LLC $845,000 n/a 0.5%
Dollar Bank, Federal Savings Bank $4,080,000 $780,000 -80.9% 0.4%
Clearview Federal Credit Union $1,500,000 $765,000 -49.0% 0.4%
AMERISAVE MORTGAGE CORPORATION $485,000 $755,000 55.7% 0.4%
CARDINAL FINANCIAL $400,000 $750,000 87.5% 0.4%
Nations Lending Corporation $4,835,000 $750,000 -84.5% 0.4%
Wells Fargo Bank $2,360,000 $735,000 -68.9% 0.4%
NAVY FEDERAL CREDIT UNION $1,985,000 $710,000 -64.2% 0.4%
EMM LOANS LLC $1,375,000 $700,000 -49.1% 0.4%
State Financial Network, LLC $305,000 $685,000 124.6% 0.4%
PROVIDENT FUNDING ASSOCIATES, L.P. $215,000 $670,000 211.6% 0.4%
The Farmers National Bank of Canfield $45,000 $665,000 1,377.8% 0.4%
WELCOME HOME FINANCE, L.P. $675,000 $660,000 -2.2% 0.4%
Elderton State Bank $745,000 $650,000 -12.8% 0.4%
RELIANCE FIRST CAPITAL, LLC $580,000 $640,000 10.3% 0.4%
UNION HOME MORTGAGE CORP. $1,900,000 $640,000 -66.3% 0.4%
U.S. Bank $620,000 $635,000 2.4% 0.3%
Grove City Area Federal Credit Union $120,000 $610,000 408.3% 0.3%
TOWNE MORTGAGE COMPANY $605,000 n/a 0.3%
FREEDOM MORTGAGE CORPORATION $1,200,000 $550,000 -54.2% 0.3%
GUARANTEED RATE, INC. $205,000 $535,000 161.0% 0.3%
EQUITY RESOURCES, INC. $3,095,000 $520,000 -83.2% 0.3%
ZILLOW HOME LOANS, LLC $460,000 $510,000 10.9% 0.3%
BROKER SOLUTIONS, INC. $560,000 $475,000 -15.2% 0.3%
Hometown Equity Mortgage, LLC $475,000 n/a 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $320,000 $475,000 48.4% 0.3%
GUILD MORTGAGE COMPANY $460,000 n/a 0.3%
Waterstone Mortgage Corporation $1,435,000 $440,000 -69.3% 0.2%
Discover Bank $165,000 $430,000 160.6% 0.2%
Mercer County State Bank $425,000 $430,000 1.2% 0.2%
BAY EQUITY LLC $420,000 n/a 0.2%
CROSSCOUNTRY MORTGAGE, LLC $1,115,000 $420,000 -62.3% 0.2%
Victorian Finance, LLC $1,800,000 $405,000 -77.5% 0.2%
Sail Mortgage Corp. $335,000 $380,000 13.4% 0.2%
MICHIGAN MUTUAL, INC. $125,000 $375,000 200.0% 0.2%
CALIBER HOME LOANS, INC. $415,000 $370,000 -10.8% 0.2%
Brentwood Bank $205,000 $355,000 73.2% 0.2%
PENTAGON FEDERAL CREDIT UNION $605,000 $355,000 -41.3% 0.2%
NATIONWIDE MORTGAGE BANKERS, INC. $595,000 $350,000 -41.2% 0.2%
VILLAGE CAPITAL MORTGAGE $305,000 $350,000 14.8% 0.2%
AmeriServ Financial Bank $55,000 $340,000 518.2% 0.2%
Figure Lending LLC $35,000 $310,000 785.7% 0.2%
NEW DAY FINANCIAL, LLC $280,000 $310,000 10.7% 0.2%
AMERICAN FINANCIAL NETWORK, INC. $295,000 n/a 0.2%
RAPID MORTGAGE COMPANY $185,000 $295,000 59.5% 0.2%
Equity Prime Mortgage LLC $425,000 $290,000 -31.8% 0.2%
NFM, INC. $75,000 $290,000 286.7% 0.2%
ROYAL UNITED MORTGAGE LLC $530,000 $290,000 -45.3% 0.2%
Coastal Community Bank $285,000 n/a 0.2%
Blue Ridge Bank $275,000 n/a 0.2%
Bank of America $95,000 $265,000 178.9% 0.1%
BEAVER VALLEY FEDERAL CREDIT UNION $265,000 n/a 0.1%
DATA MORTGAGE, INC. $265,000 n/a 0.1%
Bank of England $190,000 $260,000 36.8% 0.1%
ALLIANT CREDIT UNION $245,000 n/a 0.1%
Century Mortgage Company DBA Century Lending Company $245,000 n/a 0.1%
Plains Commerce Bank $235,000 n/a 0.1%
BM Real Estate Services, Inc. $220,000 n/a 0.1%
FREEDOM UNITED FCU $280,000 $210,000 -25.0% 0.1%
TOP FLITE FINANCIAL, INC. $180,000 $210,000 16.7% 0.1%
West-Aircomm Federal Credit Union $125,000 $210,000 68.0% 0.1%
Neighborhood Loans, Inc. $55,000 $205,000 272.7% 0.1%
Barrington Bank & Trust Company, N.A. $35,000 $200,000 471.4% 0.1%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $195,000 n/a 0.1%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $265,000 $185,000 -30.2% 0.1%
FLAT BRANCH MORTGAGE, INC. $185,000 n/a 0.1%
JPMorgan Chase Bank $405,000 $185,000 -54.3% 0.1%
21ST MORTGAGE CORPORATION $740,000 $180,000 -75.7% 0.1%
Deere Employees Credit Union $175,000 n/a 0.1%
First Savings Bank $165,000 n/a 0.1%
LENOX FINANCIAL MORTGAGE CORPORATION $165,000 n/a 0.1%
USAA Federal Savings Bank $1,275,000 $165,000 -87.1% 0.1%
InFirst Bank $200,000 $155,000 -22.5% 0.1%
BETTER MORTGAGE CORPORATION $425,000 $135,000 -68.2% 0.1%
CenterBank $135,000 n/a 0.1%
NEWREZ LLC $865,000 $135,000 -84.4% 0.1%
PROPONENT Federal Credit Union $135,000 n/a 0.1%
Prosperity Home Mortgage, LLC $145,000 $135,000 -6.9% 0.1%
AXIA FINANCIAL, LLC $120,000 n/a 0.1%
LOANDEPOT.COM, LLC $1,170,000 $115,000 -90.2% 0.1%
OMEGA Federal Credit Union $45,000 $110,000 144.4% 0.1%
DEEPHAVEN MORTGAGE LLC $105,000 n/a 0.1%
MID AMERICA MORTGAGE, INC. $105,000 n/a 0.1%
M&T Bank $105,000 n/a 0.1%
Residential Mortgage Solutions, Inc. $105,000 n/a 0.1%
Univest Bank and Trust Co. $95,000 n/a 0.1%
CFSBANK $1,125,000 $85,000 -92.4% 0.0%
CHURCHILL MORTGAGE CORPORATION $135,000 $85,000 -37.0% 0.0%
Connexus Credit Union $85,000 n/a 0.0%
Farmers Building and Savings Bank $85,000 n/a 0.0%
FIRST COMMUNITY MORTGAGE, INC. $160,000 $85,000 -46.9% 0.0%
EMBRACE HOME LOANS, INC. $145,000 $75,000 -48.3% 0.0%
LOANPAL, LLC $115,000 $75,000 -34.8% 0.0%
NORWICH COMMERCIAL GROUP, INC. $75,000 n/a 0.0%
SOMERSET TRUST COMPANY $370,000 $75,000 -79.7% 0.0%
SPRING EQ, LLC $235,000 $75,000 -68.1% 0.0%
Third Federal Savings and Loan Association of Cleveland $125,000 $75,000 -40.0% 0.0%
Citibank $65,000 n/a 0.0%
FEDERATED MORTGAGE CORP. $425,000 $65,000 -84.7% 0.0%
JERSEY MORTGAGE COMPANY OF NEW JERSEY, INC. $65,000 n/a 0.0%
Mercer County Community FCU $65,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $65,000 n/a 0.0%
Seven Seventeen Credit Union $320,000 $60,000 -81.3% 0.0%
Centier Bank $55,000 n/a 0.0%
FINANCE OF AMERICA REVERSE LLC $55,000 n/a 0.0%
UNITED $55,000 n/a 0.0%
Community Bank $1,185,000 $45,000 -96.2% 0.0%
UTILITIES EMPLOYEES CREDIT UNION $270,000 $45,000 -83.3% 0.0%
Home Loan Investment Bank, F.S.B. $15,000 n/a 0.0%

New Castle's top lender by overall market share is The Huntington National Bank, with 11.4% market share. In second place, with 7.1%, is First National Bank of Pennsylvania, having originated $12,910,000 in loans. In third place, with 6.7%, is QUICKEN LOANS, LLC, having originated $12,165,000 in loans. In fourth place, with 6.3%, is First Commonwealth Bank, having originated $11,420,000 in loans. In fifth place, with 5.5%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $9,945,000 in loans.


New Castle Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - New Castle (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $85,000 (3.2%) $131,829 (3.2%) 0.00 447
2018-02-01 $82,150 (1.5%) $132,459 (2.0%) 0.00 436
2018-03-01 $79,900 (-7.3%) $131,124 (-4.1%) 0.00 445
2018-04-01 $85,000 (-1.1%) $139,475 (2.4%) 0.00 445
2018-05-01 $89,900 (9.6%) $141,326 (3.1%) 0.00 462
2018-06-01 $89,900 (4.7%) $143,533 (4.7%) 0.00 480
2018-07-01 $104,450 (16.2%) $149,117 (5.4%) 0.00 472
2018-08-01 $113,100 (29.5%) $149,620 (8.5%) 0.00 504
2018-09-01 $107,000 (19.9%) $146,891 (8.0%) 0.00 493
2018-10-01 $104,700 (16.5%) $146,333 (7.9%) 0.00 488
2018-11-01 $104,475 (16.2%) $143,687 (4.1%) 0.00 495
2018-12-01 $99,900 (17.7%) $144,266 (10.8%) 0.00 479
2019-01-01 $89,575 (5.4%) $133,254 (1.1%) 0.00 453
2019-02-01 $89,925 (9.5%) $131,838 (-0.5%) 0.00 431
2019-03-01 $93,329 (16.8%) $135,395 (3.3%) 0.00 428
2019-04-01 $97,329 (14.5%) $141,432 (1.4%) 0.00 433
2019-05-01 $96,975 (7.9%) $140,645 (-0.5%) 0.00 429
2019-06-01 $99,500 (10.7%) $145,916 (1.7%) 0.00 428
2019-07-01 $98,625 (-5.6%) $140,602 (-5.7%) 0.00 436
2019-08-01 $98,318 (-13.1%) $142,192 (-5.0%) 0.00 441
2019-09-01 $98,420 (-8.0%) $145,129 (-1.2%) 0.00 441
2019-10-01 $98,500 (-5.9%) $148,207 (1.3%) 0.00 443
2019-11-01 $99,500 (-4.8%) $153,827 (7.1%) 0.00 431
2019-12-01 $98,125 (-1.8%) $152,189 (5.5%) 0.00 411
2020-01-01 $99,000 (10.5%) $152,590 (14.5%) 0.00 388
2020-02-01 $99,900 (11.1%) $159,495 (21.0%) 0.00 367
2020-03-01 $109,950 (17.8%) $161,231 (19.1%) 0.00 370
2020-04-01 $117,100 (20.3%) $162,690 (15.0%) 0.00 363
2020-05-01 $115,000 (18.6%) $158,747 (12.9%) 0.00 355
2020-06-01 $99,900 (0.4%) $162,354 (11.3%) 0.00 304
2020-07-01 $127,450 (29.2%) $170,420 (21.2%) 0.00 284
2020-08-01 $119,900 (22.0%) $169,862 (19.5%) 0.00 256
2020-09-01 $129,900 (32.0%) $174,588 (20.3%) 0.00 250
2020-10-01 $119,900 (21.7%) $164,755 (11.2%) 0.00 257
2020-11-01 $112,675 (13.2%) $164,559 (7.0%) 0.00 252
2020-12-01 $109,425 (11.5%) $169,834 (11.6%) 0.00 232
2021-01-01 $116,500 (17.7%) $167,125 (9.5%) 0.00 189
2021-02-01 $108,200 (8.3%) $173,063 (8.5%) 0.00 151
2021-03-01 $142,000 (29.2%) $192,914 (19.7%) 0.00 127
2021-04-01 $131,700 (12.5%) $191,931 (18.0%) 0.00 120
2021-05-01 $149,950 (30.4%) $198,547 (25.1%) 0.00 119
2021-06-01 $139,900 (40.0%) $194,355 (19.7%) 0.00 138
2021-07-01 $139,950 (9.8%) $195,531 (14.7%) 0.00 153
2021-08-01 $129,800 (8.3%) $185,321 (9.1%) 0.00 188
2021-09-01 $123,050 (-5.3%) $184,350 (5.6%) 0.00 171
2021-10-01 $129,900 (8.3%) $187,752 (14.0%) 0.00 181
2021-11-01 $144,975 (28.7%) $198,762 (20.8%) 0.00 170
2021-12-01 $129,925 (18.7%) $192,915 (13.6%) 0.00 157
2022-01-01 $135,000 (15.9%) $196,063 (17.3%) 0.00 141
2022-02-01 $143,450 (32.6%) $205,674 (18.8%) 0.00 121
2022-03-01 $152,475 (7.4%) $198,299 (2.8%) 0.00 100
2022-04-01 $149,900 (13.8%) $185,213 (-3.5%) 0.00 110
2022-05-01 $173,200 (15.5%) $209,154 (5.3%) 0.00 113
2022-06-01 $159,375 (13.9%) $203,706 (4.8%) 0.00 143
2022-07-01 $149,400 (6.8%) $194,467 (-0.5%) 0.00 185
2022-08-01 $149,900 (15.5%) $199,762 (7.8%) 0.00 187
2022-09-01 $138,700 (12.7%) $191,724 (4.0%) 0.00 205
2022-10-01 $139,000 (7.0%) $188,970 (0.7%) 0.00 223
2022-11-01 $139,900 (-3.5%) $193,151 (-2.8%) 0.00 205
2022-12-01 $137,500 (5.8%) $259,181 (34.4%) 0.00 201
2023-01-01 $129,950 (-3.7%) $267,641 (36.5%) 0.00 183
2023-02-01 $132,400 (-7.7%) $200,973 (-2.3%) 0.00 154
2023-03-01 $129,900 (-14.8%) $198,272 (0.0%) 0.00 153
2023-04-01 $139,950 (-6.6%) $203,028 (9.6%) 0.00 148
2023-05-01 $139,925 (-19.2%) $205,507 (-1.7%) 0.00 148
2023-06-01 $130,975 (-17.8%) $198,084 (-2.8%) 0.00 152
2023-07-01 $147,200 (-1.5%) $207,780 (6.9%) 0.00 159
2023-08-01 $145,375 (-3.0%) $204,578 (2.4%) 0.00 159
2023-09-01 $145,000 (4.5%) $204,311 (6.6%) 0.00 153
2023-10-01 $134,450 (-3.3%) $187,599 (-0.7%) 0.00 177
2023-11-01 $137,200 (-1.9%) $186,755 (-3.3%) 0.00 187
2023-12-01 $139,750 (1.6%) $188,725 (-27.2%) 0.00 178
2024-01-01 $134,500 (3.5%) $185,914 (-30.5%) 0.00 180
2024-02-01 $129,950 (-1.9%) $184,148 (-8.4%) 0.00 177
2024-03-01 $135,000 (3.9%) $186,475 (-6.0%) 0.00 149
2024-04-01 $154,900 (10.7%) $193,403 (-4.7%) 0.00 134
2024-05-01 $159,900 (14.3%) $216,699 (5.5%) 0.00 121
2024-06-01 $164,950 (25.9%) $228,019 (15.1%) 0.00 137
2024-07-01 $159,900 (8.6%) $221,410 (6.6%) 0.00 174
2024-08-01 $154,900 (6.6%) $219,511 (7.3%) 0.00 178
2024-09-01 $149,900 (3.4%) $202,939 (-0.7%) 0.00 221
New Castle's median listing price for 2024-09-01 was $149,900, a difference of $4,900 (3.4%) versus the prior year and $-5,000 versus the prior month.

New Castle's median listing price comes in at 0% of the national average.

New Castle's average listing price for 2024-09-01 was $202,939, a difference of $-1,372 (-0.7%) versus the prior year and $-16,572 versus the prior month.

For the 2024-09-01 period, New Castle had 221 MLS listings, a difference of 43 listings (24%) versus the prior month and 68 listings (44%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - New Castle (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,450 sqft
2018-02-01 0 days 1,450 sqft
2018-03-01 0 days 1,499 sqft
2018-04-01 0 days 1,560 sqft
2018-05-01 0 days 1,560 sqft
2018-06-01 0 days 1,560 sqft
2018-07-01 0 days 1,562 sqft
2018-08-01 0 days 1,544 sqft
2018-09-01 0 days 1,512 sqft
2018-10-01 0 days 1,518 sqft
2018-11-01 0 days 1,522 sqft
2018-12-01 0 days 1,480 sqft
2019-01-01 0 days 1,450 sqft
2019-02-01 0 days 1,467 sqft
2019-03-01 0 days 1,470 sqft
2019-04-01 0 days 1,466 sqft
2019-05-01 0 days 1,466 sqft
2019-06-01 0 days 1,483 sqft
2019-07-01 0 days 1,467 sqft
2019-08-01 0 days 1,459 sqft
2019-09-01 0 days 1,464 sqft
2019-10-01 0 days 1,468 sqft
2019-11-01 0 days 1,486 sqft
2019-12-01 0 days 1,474 sqft
2020-01-01 0 days 1,473 sqft
2020-02-01 0 days 1,490 sqft
2020-03-01 0 days 1,506 sqft
2020-04-01 0 days 1,536 sqft
2020-05-01 0 days 1,536 sqft
2020-06-01 0 days 1,524 sqft
2020-07-01 0 days 1,541 sqft
2020-08-01 0 days 1,536 sqft
2020-09-01 0 days 1,550 sqft
2020-10-01 0 days 1,494 sqft
2020-11-01 0 days 1,470 sqft
2020-12-01 0 days 1,462 sqft
2021-01-01 0 days 1,455 sqft
2021-02-01 0 days 1,471 sqft
2021-03-01 0 days 1,534 sqft
2021-04-01 0 days 1,520 sqft
2021-05-01 0 days 1,524 sqft
2021-06-01 0 days 1,512 sqft
2021-07-01 0 days 1,584 sqft
2021-08-01 0 days 1,500 sqft
2021-09-01 0 days 1,478 sqft
2021-10-01 0 days 1,495 sqft
2021-11-01 0 days 1,515 sqft
2021-12-01 0 days 1,478 sqft
2022-01-01 0 days 1,485 sqft
2022-02-01 0 days 1,490 sqft
2022-03-01 0 days 1,507 sqft
2022-04-01 0 days 1,466 sqft
2022-05-01 0 days 1,560 sqft
2022-06-01 0 days 1,504 sqft
2022-07-01 0 days 1,500 sqft
2022-08-01 0 days 1,524 sqft
2022-09-01 0 days 1,528 sqft
2022-10-01 0 days 1,472 sqft
2022-11-01 0 days 1,472 sqft
2022-12-01 0 days 1,405 sqft
2023-01-01 0 days 1,415 sqft
2023-02-01 0 days 1,427 sqft
2023-03-01 0 days 1,444 sqft
2023-04-01 0 days 1,456 sqft
2023-05-01 0 days 1,441 sqft
2023-06-01 0 days 1,464 sqft
2023-07-01 0 days 1,562 sqft
2023-08-01 0 days 1,584 sqft
2023-09-01 0 days 1,509 sqft
2023-10-01 0 days 1,440 sqft
2023-11-01 0 days 1,467 sqft
2023-12-01 0 days 1,488 sqft
2024-01-01 0 days 1,476 sqft
2024-02-01 0 days 1,464 sqft
2024-03-01 0 days 1,424 sqft
2024-04-01 0 days 1,480 sqft
2024-05-01 0 days 1,551 sqft
2024-06-01 0 days 1,452 sqft
2024-07-01 0 days 1,454 sqft
2024-08-01 0 days 1,456 sqft
2024-09-01 0 days 1,458 sqft
New Castle's median listing age (time on market) for 2024-09-01 was 0 days.

New Castle's median square footage for active listings during the 2024-09-01 period was 1,458 sqft. One year prior, the average listing was 1,509 sqft.

New Castle, PA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 688 $111,430,000 $161,962
Home Improvement 230 $14,430,000 $62,739
Refi 217 $22,435,000 $103,387
Other 197 $14,105,000 $71,599
Cash Out Refi 159 $19,305,000 $121,415
NA 1 $25,000 $25,000

New Castle's most frequently cited loan purpose was Home Purchase, with 688 originations. The 2nd most popular reason was Home Improvement, with 230 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 526 $76,250,000 $144,962
7-8% 320 $41,010,000 $128,156
Over 8% 296 $21,900,000 $73,986
5-6% 206 $26,810,000 $130,146
3-4% 36 $3,700,000 $102,778
<2.5% 24 $2,420,000 $100,833
4-5% 19 $2,285,000 $120,263
2.5-3% 9 $805,000 $89,444

During 2023, New Castle's most frequently originated rate bucket was 6-7%, with 526 originations.

Loan Sizing (New Castle, PA MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 759 $43,255,000 $56,989
$100k-200k 514 $72,080,000 $140,233
$200k-400k 192 $51,000,000 $265,625
$400k-600k 20 $9,450,000 $472,500
$600k-1000k 5 $3,735,000 $747,000
$Over $1MM 2 $2,210,000 $1,105,000

New Castle's loan sizing saw the bucket of loans from $100,000 or less with 759 originations, totaling $43,255,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 555 $88,505,000 $159,468
60-80% 265 $39,045,000 $147,340
20-40% 256 $17,840,000 $69,688
Under 20% 173 $6,345,000 $36,676
40-60% 171 $21,015,000 $122,895
Over 100% 5 $1,365,000 $273,000

New Castle's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 555 originations, totaling $88,505,000 in origination value.