New Castle, PA home prices
Typical home $164,575 · +4.1% in a year · income needed $49,300
The New Castle, PA metro area ranks 779 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +4.1% in a year and +24.8% over five years. With 20% down at 7.11%, the typical home costs about $1,151 a month including 1.34% property tax (Lawrence County rate).
Mortgage on the typical New Castle home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $32,915 | $131,660 | $886 | $0 | $266 | $1,151 | $49,300 |
| 10% down | $16,457 | $148,117 | $996 | $62 | $266 | $1,324 | $56,700 |
| 5% down | $8,229 | $156,346 | $1,052 | $65 | $266 | $1,382 | $59,200 |
| 3.5% down (FHA) | $5,760 | $161,594 | $1,087 | $73 | $266 | $1,425 | $61,100 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.34% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the New Castle area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lawrence County, PA | $164,572 | +4.2% | 1.34% |
What can you afford in Pennsylvania on your salary? · Pennsylvania home prices · Salaries in Pennsylvania
Frequently asked questions
How much is a house in New Castle?
The typical home in the New Castle, PA metro area is worth $164,575 (Zillow, September 2026).
What salary do you need to buy a house in New Castle?
About $49,300 a year for the typical home with 20% down at 7.11%.