New Castle Mortgage Rates & Closing Costs
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% |
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 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. LouisDate | 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 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. LouisDate | 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 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.