NEW CASTLE Home Values
The eppraisal index for NEW CASTLE, Delaware, which tracks the
median sale price of homes in the area,
states that the median sales price
for single family residences in November 2008 has
increased by 0% to
$248,750 from October
2008.
New Castle, DE
New Castle is a city in New Castle County Delaware six miles (10 km) south of Wilmington situated on the Delaware River at the head of Delaware Bay. In 1900 3 380 people lived here; in 1910 3 351. According to 2006 Census Bureau estimates the population of the city is 4 836.[1],,New Castle Delaware was originally settled by the Dutch in 1651 under Peter Stuyvesant on the site of a former Indian village "Tomakonck" ("Place of the Beaver"). The original name of New Castle was Fort Casimir. This wa...
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In a year-over-year comparison of median sales price fluctuations of single-family homes, the Wilmington, DE-MD-NJ metro area ranks 1 out of 2 metro areas in Delaware based on decrease of 4.3 % in home values. When compared at a national level, the Wilmington, DE-MD-NJ metro area ranks 46 out of 190.
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The index trending graph reveals the change in the median sales price
during the past 12 months for NEW CASTLE, Delaware. This graph shows that
in the past 12 months, the median sales price of homes has
increased overall by $8,750.
The sales price graph displays how real estate sales prices are distributed
in NEW CASTLE, Delaware.
For example, the highest percentage of homes sold in November 2008
sold for
below
,
of all sales. If you are looking to
purchase a house in a specific price range, this graph can help you determine
what percentage of homes in NEW CASTLE, Delaware may fall within this range. It
can also be useful if you are a seller and are trying to figure out what price
range most homes are sold for. It can give an indication if the market is receptive to
purchases in the range your home value falls in.
Recent Sales in NEW CASTLE, Delaware
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This site uses data obtained from numerous public sources. Some areas of the country provide us with different levels of information. It is presented on an 'as is, as available' basis. This site makes no warranties, expressed or implied without limitation, to the information provided, nor is responsible for any errors or omissions. This valuation is NOT an appraisal. User acknowledges that this product is a technology report, a product of an automated valuation technology analysis. This information is compiled from public documents and is not guaranteed. No human interaction or inspection goes into the final results and analysis.