New Castle Mortgage Rates & Closing Costs

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

    30 Year Fixed Rate mortgages in New Castle averaged 6.55% for the week of 2024-12-12, compared to the national average of 6.6% for the same period.

    The average rate for the prior week (2024-12-05) was 6.74% and one month ago for the week of 2024-11-07, the average rate was 6.64%.

    New Castle's average rate one year ago was 6.78%.

    For refis of the same type during the week of 2024-12-12, the average rate was 7.1%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-12-12 6.6%
    New Castle 30 Year Fixed Rate 2024-12-12 6.55%
    New Castle 30 Year Fixed Rate Refi 2024-12-12 7.1%
    New Castle 15 Year Fixed Rate 2024-12-12 5.84%
    New Castle 15 Year Fixed Rate Refi 2024-12-12 6.14%
    New Castle 30 Year FHA 2024-12-12 6.03%
    New Castle 30 Year FHA Refi 2024-12-12 6.48%
    New Castle 30 Year USDA 2024-12-12 6.5%
    New Castle 30 Year USDA Refi 2024-12-12 6.4%
    New Castle 30 Year VA 2024-12-12 5.98%
    New Castle 30 Year VA Refi 2024-12-12 6.08%
    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
    2024-10-01 $134,999 (0.4%) $200,150 (6.7%) 0.00 222
    2024-11-01 $115,000 (-16.2%) $183,583 (-1.7%) 0.00 249
    New Castle's median listing price for 2024-11-01 was $115,000, a difference of $-22,200 (-16.2%) versus the prior year and $-19,999 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 2024-11-01 was $183,583, a difference of $-3,172 (-1.7%) versus the prior year and $-16,567 versus the prior month.

    For the 2024-11-01 period, New Castle had 249 MLS listings, a difference of 27 listings (12%) versus the prior month and 62 listings (33%) 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
    2024-10-01 0 days 1,458 sqft
    2024-11-01 0 days 1,444 sqft
    New Castle's median listing age (time on market) for 2024-11-01 was 0 days.

    New Castle's median square footage for active listings during the 2024-11-01 period was 1,444 sqft. One year prior, the average listing was 1,467 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.