New Castle Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in New Castle averaged
6.89%
for the week of 2025-05-22, compared to the national average of
6.86% for the same period.
The average rate for the prior week (2025-05-15) was
6.84% and
one month ago for the week of 2025-04-17, the
average rate was 6.76%.
New Castle's average rate one year ago was 7.05%.
For refis of the same type during the week of 2025-05-22, the average rate
was 8.09%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-05-22 | 6.86% |
| New Castle 30 Year Fixed Rate | 2025-05-22 | 6.89% |
| New Castle 30 Year Fixed Rate Refi | 2025-05-22 | 8.09% |
| New Castle 15 Year Fixed Rate | 2025-05-22 | 5.91% |
| New Castle 15 Year Fixed Rate Refi | 2025-05-22 | 5.91% |
| New Castle 30 Year FHA | 2025-05-22 | 6.47% |
| New Castle 30 Year FHA Refi | 2025-05-22 | 6.41% |
| New Castle 30 Year USDA | 2025-05-22 | 6.43% |
| New Castle 30 Year USDA Refi | 2025-05-22 | 6.63% |
| New Castle 30 Year VA | 2025-05-22 | 6.52% |
| New Castle 30 Year VA Refi | 2025-05-22 | 6.72% |
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.).
New Castle Average Closing Costs & Other Stats
New Castle, PA's 76 lenders originated 1,598
loans during 2024. The total origination value was $213,360,000, with an average loan value of
$133,517.
New Castle's average closing costs are $5,226.
The top New Castle lender as defined by loan originations is QUICKEN LOANS, LLC, with
67 loans originated. Their average total fees are
$5,315, which is $616
higher than the next largest lender,
The Huntington National Bank.
The lowest fee New Castle lenders (with over 10 loans originated) are
Union Savings Bank ($4,307), PNC Bank ($4,607), First Commonwealth Bank ($4,631), HOWARD HANNA FINANCIAL SERVICES, INC. ($4,687) and The Huntington National Bank ($4,699).
The lowest rate New Castle lenders (with over 10 loans originated) are
PNC Bank (6.49%), HOWARD HANNA FINANCIAL SERVICES, INC. (6.61%), MOVEMENT MORTGAGE, LLC (6.65%), Union Savings Bank (6.67%) and First Commonwealth Bank (6.70%).
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 | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| The Huntington National Bank | $20,750,000 | $27,360,000 | 31.9% | 12.8% |
| QUICKEN LOANS, LLC | $12,165,000 | $18,930,000 | 55.6% | 8.9% |
| First National Bank of Pennsylvania | $12,910,000 | $11,800,000 | -8.6% | 5.5% |
| UNITED WHOLESALE MORTGAGE, LLC | $9,945,000 | $10,135,000 | 1.9% | 4.8% |
| PNC Bank | $8,620,000 | $9,960,000 | 15.5% | 4.7% |
| First Commonwealth Bank | $11,420,000 | $9,320,000 | -18.4% | 4.4% |
| Union Savings Bank | $4,995,000 | $7,885,000 | 57.9% | 3.7% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $9,855,000 | $7,785,000 | -21.0% | 3.6% |
| Mortgage Research Center, LLC | $1,725,000 | $6,510,000 | 277.4% | 3.1% |
| WesBanco | $4,640,000 | $5,675,000 | 22.3% | 2.7% |
| Ixonia Bank | $2,715,000 | $5,535,000 | 103.9% | 2.6% |
| MOVEMENT MORTGAGE, LLC | $1,770,000 | $4,460,000 | 152.0% | 2.1% |
| WALKER & DUNLOP, LLC | $4,045,000 | n/a | 1.9% | |
| Citizens Bank | $5,610,000 | $3,955,000 | -29.5% | 1.9% |
| ALLIED MORTGAGE GROUP, INC. | $2,095,000 | $3,895,000 | 85.9% | 1.8% |
| WEST PENN FINANCIAL SERVICE CENTER, INC. | $2,950,000 | $3,160,000 | 7.1% | 1.5% |
| S&T Bank | $1,935,000 | $2,240,000 | 15.8% | 1.0% |
| USAA Federal Savings Bank | $165,000 | $1,960,000 | 1,087.9% | 0.9% |
| Greenville Savings Bank | $2,845,000 | $1,890,000 | -33.6% | 0.9% |
| First Federal Bank of the Midwest | $1,525,000 | $1,800,000 | 18.0% | 0.8% |
| AFFORDABLE MORTGAGE ADVISORS, LLC. | $1,320,000 | $1,770,000 | 34.1% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $1,185,000 | $1,730,000 | 46.0% | 0.8% |
| Dollar Bank, Federal Savings Bank | $780,000 | $1,710,000 | 119.2% | 0.8% |
| Mercer County State Bank | $430,000 | $1,575,000 | 266.3% | 0.7% |
| Northwest Bank | $3,005,000 | $1,500,000 | -50.1% | 0.7% |
| EVANSVILLE TEACHERS | $1,135,000 | $1,485,000 | 30.8% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $710,000 | $1,470,000 | 107.0% | 0.7% |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | $1,980,000 | $1,455,000 | -26.5% | 0.7% |
| Flagstar Bank, FSB | $1,285,000 | $1,435,000 | 11.7% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $880,000 | $1,430,000 | 62.5% | 0.7% |
| Victorian Finance, LLC | $405,000 | $1,260,000 | 211.1% | 0.6% |
| NEXTIER BANK, NATIONAL ASSOCIATION | $1,800,000 | $1,255,000 | -30.3% | 0.6% |
| Equity Prime Mortgage LLC | $290,000 | $1,240,000 | 327.6% | 0.6% |
| LENDINGHOME FUNDING CORPORATION | $1,225,000 | n/a | 0.6% | |
| Clearview Federal Credit Union | $765,000 | $1,220,000 | 59.5% | 0.6% |
| CROSSCOUNTRY MORTGAGE, LLC | $420,000 | $1,180,000 | 181.0% | 0.6% |
| CFSBANK | $85,000 | $1,155,000 | 1,258.8% | 0.5% |
| PLAZA HOME MORTGAGE, INC. | $1,680,000 | $1,140,000 | -32.1% | 0.5% |
| GUARANTEED RATE AFFINITY, LLC | $2,485,000 | $1,075,000 | -56.7% | 0.5% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $670,000 | $1,055,000 | 57.5% | 0.5% |
| JMAC LENDING, INC. | $990,000 | n/a | 0.5% | |
| JLB CORPORATION | $1,285,000 | $955,000 | -25.7% | 0.4% |
| ZILLOW HOME LOANS, LLC | $510,000 | $935,000 | 83.3% | 0.4% |
| ARMCO CREDIT UNION | $870,000 | $930,000 | 6.9% | 0.4% |
| BROKER SOLUTIONS, INC. | $475,000 | $885,000 | 86.3% | 0.4% |
| LOANDEPOT.COM, LLC | $115,000 | $870,000 | 656.5% | 0.4% |
| NEW DAY FINANCIAL, LLC | $310,000 | $870,000 | 180.6% | 0.4% |
| EQUITY RESOURCES, INC. | $520,000 | $840,000 | 61.5% | 0.4% |
| UNION HOME MORTGAGE CORP. | $640,000 | $840,000 | 31.3% | 0.4% |
| GUARANTEED RATE, INC. | $535,000 | $715,000 | 33.6% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $185,000 | $695,000 | 275.7% | 0.3% |
| MidAtlantic Farm Credit, ACA | $1,010,000 | $675,000 | -33.2% | 0.3% |
| Nations Lending Corporation | $750,000 | $580,000 | -22.7% | 0.3% |
| STOCKTON MORTGAGE CORPORATION | $890,000 | $575,000 | -35.4% | 0.3% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $475,000 | $560,000 | 17.9% | 0.3% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $555,000 | n/a | 0.3% | |
| Wells Fargo Bank | $735,000 | $555,000 | -24.5% | 0.3% |
| NEWREZ LLC | $135,000 | $540,000 | 300.0% | 0.3% |
| State Financial Network, LLC | $685,000 | $540,000 | -21.2% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $200,000 | $515,000 | 157.5% | 0.2% |
| Seven Seventeen Credit Union | $60,000 | $515,000 | 758.3% | 0.2% |
| The Farmers National Bank of Canfield | $665,000 | $515,000 | -22.6% | 0.2% |
| Grove City Area Federal Credit Union | $610,000 | $505,000 | -17.2% | 0.2% |
| LIMA ONE CAPITAL, LLC | $845,000 | $490,000 | -42.0% | 0.2% |
| TRIAD FINANCIAL SERVICES, INC. | $65,000 | $490,000 | 653.8% | 0.2% |
| AMERICAN FINANCIAL NETWORK, INC. | $295,000 | $480,000 | 62.7% | 0.2% |
| AmeriHome Mortgage Company, LLC | $460,000 | n/a | 0.2% | |
| ROYAL UNITED MORTGAGE LLC | $290,000 | $455,000 | 56.9% | 0.2% |
| NBKC BANK | $450,000 | n/a | 0.2% | |
| Paramount Residential Mortgage Group, Inc. | $440,000 | n/a | 0.2% | |
| OWNERSCHOICE FUNDING, INCORPORATED | $430,000 | n/a | 0.2% | |
| AMERISAVE MORTGAGE CORPORATION | $755,000 | $420,000 | -44.4% | 0.2% |
| BAY EQUITY LLC | $420,000 | $420,000 | 0.0% | 0.2% |
| FREEDOM MORTGAGE CORPORATION | $550,000 | $385,000 | -30.0% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $350,000 | $380,000 | 8.6% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $370,000 | n/a | 0.2% | |
| Century Mortgage Company DBA Century Lending Company | $245,000 | $360,000 | 46.9% | 0.2% |
| DAS Acquisition Company, LLC | $1,420,000 | $360,000 | -74.6% | 0.2% |
| GUILD MORTGAGE COMPANY | $460,000 | $355,000 | -22.8% | 0.2% |
| RELIANCE FIRST CAPITAL, LLC | $640,000 | $345,000 | -46.1% | 0.2% |
| Coastal Community Bank | $285,000 | $315,000 | 10.5% | 0.1% |
| Discover Bank | $430,000 | $300,000 | -30.2% | 0.1% |
| TD Bank | $295,000 | n/a | 0.1% | |
| InFirst Bank | $155,000 | $270,000 | 74.2% | 0.1% |
| Bank of America | $265,000 | $265,000 | 0.0% | 0.1% |
| Figure Lending LLC | $310,000 | $255,000 | -17.7% | 0.1% |
| FEDERATED MORTGAGE CORP. | $65,000 | $245,000 | 276.9% | 0.1% |
| JPMorgan Chase Bank | $185,000 | $245,000 | 32.4% | 0.1% |
| NATIONWIDE MORTGAGE BANKERS, INC. | $350,000 | $245,000 | -30.0% | 0.1% |
| MORTGAGE EQUITY PARTNERS LLC | $235,000 | n/a | 0.1% | |
| FIRST COMMUNITY MORTGAGE, INC. | $85,000 | $230,000 | 170.6% | 0.1% |
| FIRST HERITAGE FINANCIAL, LLC | $230,000 | n/a | 0.1% | |
| PLANET HOME LENDING, LLC | $230,000 | n/a | 0.1% | |
| U.S. Bank | $635,000 | $230,000 | -63.8% | 0.1% |
| Carrington Mortgage Services, LLC | $210,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $245,000 | $205,000 | -16.3% | 0.1% |
| SOMERSET TRUST COMPANY | $75,000 | $205,000 | 173.3% | 0.1% |
| BEAVER VALLEY FEDERAL CREDIT UNION | $265,000 | $195,000 | -26.4% | 0.1% |
| Citibank | $65,000 | $185,000 | 184.6% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $175,000 | n/a | 0.1% | |
| Charles Schwab Bank, SSB | $175,000 | n/a | 0.1% | |
| Farmers Building and Savings Bank | $85,000 | $175,000 | 105.9% | 0.1% |
| MILEND, INC. | $175,000 | n/a | 0.1% | |
| S1L, Inc. | $175,000 | n/a | 0.1% | |
| TIDEWATER MORTGAGE SERVICES, INC. | $175,000 | n/a | 0.1% | |
| Fifth Third Bank | $165,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $375,000 | $165,000 | -56.0% | 0.1% |
| USAlliance Federal Credit Union | $165,000 | n/a | 0.1% | |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $155,000 | n/a | 0.1% | |
| HOMESTEAD FUNDING CORP. | $155,000 | n/a | 0.1% | |
| SWBC MORTGAGE CORPORATION | $150,000 | n/a | 0.1% | |
| CMG MORTGAGE, INC. | $145,000 | n/a | 0.1% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $145,000 | n/a | 0.1% | |
| DIRECT MORTGAGE LOANS, LLC | $145,000 | n/a | 0.1% | |
| West-Aircomm Federal Credit Union | $210,000 | $140,000 | -33.3% | 0.1% |
| Community Bank | $45,000 | $130,000 | 188.9% | 0.1% |
| 21ST MORTGAGE CORPORATION | $180,000 | $125,000 | -30.6% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $125,000 | n/a | 0.1% | |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $125,000 | n/a | 0.1% | |
| Univest Bank and Trust Co. | $95,000 | $125,000 | 31.6% | 0.1% |
| AMERICAN FINANCING CORPORATION | $115,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $115,000 | n/a | 0.1% | |
| Citadel Servicing Corporation | $115,000 | n/a | 0.1% | |
| NATIONS DIRECT MORTGAGE, LLC | $105,000 | n/a | 0.0% | |
| FREEDOM UNITED FCU | $210,000 | $100,000 | -52.4% | 0.0% |
| CONTOUR MORTGAGE CORPORATION | $95,000 | n/a | 0.0% | |
| MidFirst Bank | $95,000 | n/a | 0.0% | |
| Secured Investment Corp. | $95,000 | n/a | 0.0% | |
| AmeriServ Financial Bank | $340,000 | $85,000 | -75.0% | 0.0% |
| LOANPAL, LLC | $75,000 | $85,000 | 13.3% | 0.0% |
| PHH Mortgage Corporation | $85,000 | n/a | 0.0% | |
| Truist | $85,000 | n/a | 0.0% | |
| SSB Bank | $75,000 | n/a | 0.0% | |
| USX Federal Credit Union | $75,000 | n/a | 0.0% | |
| Cornerstone First Mortgage, Inc | $65,000 | n/a | 0.0% | |
| NexBank | $65,000 | n/a | 0.0% | |
| SPRING EQ, LLC | $75,000 | $65,000 | -13.3% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $55,000 | $55,000 | 0.0% | 0.0% |
| The Loan Store, Inc. | $45,000 | n/a | 0.0% | |
| Lakeview Community Capital, LLC | $35,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $15,000 | $25,000 | 66.7% | 0.0% |
New Castle's top lender by overall market share is The Huntington National Bank, with 12.8% market share. In second place, with 8.9%, is QUICKEN LOANS, LLC, having originated $18,930,000 in loans. In third place, with 5.5%, is First National Bank of Pennsylvania, having originated $11,800,000 in loans. In fourth place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $10,135,000 in loans. In fifth place, with 4.7%, is PNC Bank, having originated $9,960,000 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 |
| 2024-12-01 | $110,000 (-21.3%) | $186,196 (-1.3%) | 0.00 | 247 |
New Castle's median listing price comes in at 0% of the national average.
New Castle's average listing price for 2024-12-01 was $186,196, a difference of $-2,529 (-1.3%) versus the prior year and $2,613 versus the prior month.
For the 2024-12-01 period, New Castle had 247 MLS listings, a difference of -2 listings (-1%) versus the prior month and 69 listings (39%) 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 |
| 2024-12-01 | 0 days | 1,443 sqft |
New Castle's median square footage for active listings during the 2024-12-01 period was 1,443 sqft. One year prior, the average listing was 1,488 sqft.
New Castle, PA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 729 | $127,385,000 | $174,739 |
| Home Improvement | 253 | $18,015,000 | $71,206 |
| Refi | 231 | $27,455,000 | $118,853 |
| Other | 194 | $15,120,000 | $77,938 |
| Cash Out Refi | 191 | $25,385,000 | $132,906 |
New Castle's most frequently cited loan purpose was Home Purchase, with 729 originations. The 2nd most popular reason was Home Improvement, with 253 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 592 | $95,470,000 | $161,267 |
| Over 8% | 401 | $35,155,000 | $87,668 |
| 7-8% | 313 | $42,275,000 | $135,064 |
| 5-6% | 185 | $29,245,000 | $158,081 |
| 3-4% | 49 | $4,685,000 | $95,612 |
| 4-5% | 8 | $910,000 | $113,750 |
| <2.5% | 7 | $45,000 | $6,429 |
| 2.5-3% | 1 | $25,000 | $25,000 |
During 2024, New Castle's most frequently originated rate bucket was 6-7%, with 592 originations.
Loan Sizing (New Castle, PA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $100,000 or less | 719 | $41,215,000 | $57,323 |
| $100k-200k | 587 | $82,465,000 | $140,486 |
| $200k-400k | 260 | $68,370,000 | $262,962 |
| $400k-600k | 24 | $11,340,000 | $472,500 |
| $600k-1000k | 5 | $3,775,000 | $755,000 |
| $Over $1MM | 3 | $6,195,000 | $2,065,000 |
New Castle's loan sizing saw the bucket of loans from $100,000 or less with 719 originations, totaling $41,215,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 607 | $104,645,000 | $172,397 |
| 60-80% | 292 | $45,770,000 | $156,747 |
| 20-40% | 273 | $20,925,000 | $76,648 |
| 40-60% | 199 | $26,075,000 | $131,030 |
| Under 20% | 162 | $5,730,000 | $35,370 |
| Over 100% | 12 | $3,460,000 | $288,333 |
New Castle's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 607 originations, totaling $104,645,000 in origination value.