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Today: September 23, 2025

Current Price

$189,399

1 Month Forecast

$202,756

1-Year Forecast *

$212,739

5-Year Forecast *

$229,199

"Is it a good time to buy homes in New Castle?" "Does investing in real estate in New Castle (Virginia State, Craig County) worth it?" According to our live Forecast System, buying a house in New Castle is a good short-term (1-year) investment*. The New Castle average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "New Castle" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in New Castle in Virginia State, Craig County. If you are looking for homes for sale with good flipping profit, New Castle can be a profitable property investment option. The median price of an average house in New Castle was 189,399 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "New Castle" area is 229,199 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +21.01% meaning that investing 100000 USD today may yield a profit of 21,013 USD by 2030.

Current Median Listing Price: 189,399 USD Median Listing Price Per Square Foot: 105 USD

New Castle Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

New Castle (Virginia State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

The long-term housing forecast is based on all the available median listing price recorded up to today.

New Castle Price Target

New Castle median home price target in 12 months: $212,739* (upside of 12.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $195,678 $201,769 $195,678 $202,736
2024 $184,223 $189,399 $184,223 $189,399
2023 $180,464 $184,772 $180,464 $186,189
2022 $179,910 $179,310 $174,694 $180,519
2021 $158,443 $178,578 $158,443 $178,578
2020 $140,700 $158,105 $140,700 $158,105
2019 $135,838 $139,836 $135,838 $139,836
2018 $129,573 $136,367 $129,573 $137,470
2017 $125,351 $128,910 $125,351 $128,910
2016 $120,424 $124,597 $120,424 $124,735
2015 $120,386 $119,773 $119,138 $120,642
2014 $114,903 $120,916 $114,903 $123,209
2013 $107,167 $114,820 $107,167 $116,283
2012 $95,441 $105,315 $95,441 $105,315

Questions & Answers about the New Castle Housing Market Forecast

How much does an average home cost in New Castle today?

The value of an average home (the listing price) in New Castle is $189,399 USD.

What is the average price per square foot in New Castle?

According to Walletinvestor the median price per square foot in New Castle is 105 USD.

Will the median listing price of homes in New Castle grow / rise / go up?

Yes. The New Castle home prices may rise from 189,399 USD to 212,739 USD in one year.

Is it profitable to invest in New Castle homes?

Yes. The long-term profit potential is +12.32% in one year.

Will New Castle house prices fall / drop?

No. See above.

What is the predicted price of a New Castle home in 2030?

The predicted home sales price of a New Castle home in 2030 in New Castle is 229,199 USD.

What is the predicted price of a New Castle home in 2035?

The predicted home sales price of a New Castle home in 2035 in New Castle is 258,898 USD.

Will real estate prices decrease in New Castle?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

New Castle is the 17108. largest city in the United States, located in Virginia State.

During the last 12 months the real estate prices in Craig, New Castle increased, looking at the past 12 months.

According to Walletinvestor's New Castle real estate market research, home values will increase in the next 12 months.

Median home values increased by 0.308% to 189,399 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 10.743% in 2020
  • 11.583% in 2021
  • 13.533% in 2022
  • 13.643% in 2023
  • 13.153% in 2024
  • 11.793% in 2025

Based on our New Castle real estate market research and report the predicted sales prices will increase by 219.659% in the next 10 years.

Over the last 12 months, the value of homes in New Castle fluctuated: increasing 6 times and decreasing 4 times.

New Castle (Virginia) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
New Castle Housing Market Forecast with Real Estate Prices for 2025
August 2025 202756 188360 217151
September 2025 203748 191319 216176
October 2025 204156 189253 219060
November 2025 204593 193545 215641
December 2025 205594 189352 221836
New Castle Housing Market Forecast with Real Estate Prices for 2026
January 2026 206600 192964 220235
February 2026 207610 197022 218198
March 2026 208626 197777 219475
April 2026 209647 196858 222435
May 2026 210672 192555 228790
June 2026 211703 194979 228428
July 2026 212739 195720 229758
August 2026 213780 196891 230668
September 2026 214826 194202 235449
October 2026 215877 200765 230988
November 2026 216933 202182 231684
December 2026 216288 204392 228184
New Castle Housing Market Forecast with Real Estate Prices for 2027
January 2027 215645 201843 229446
February 2027 215003 196728 233279
March 2027 214548 198672 230425
April 2027 215598 197057 234140
May 2027 216653 201271 232035
June 2027 217713 205956 229469
July 2027 217387 198909 235865
August 2027 217102 206247 227957
September 2027 216643 196712 236574
October 2027 216254 205225 227283
November 2027 217312 205360 229265
December 2027 218376 203526 233225
New Castle Housing Market Forecast with Real Estate Prices for 2028
January 2028 219444 197500 241388
February 2028 220518 205963 235072
March 2028 221596 203869 239324
April 2028 221297 204921 237673
May 2028 220638 200781 240496
June 2028 220126 206478 233774
July 2028 220651 200572 240731
August 2028 221124 206309 235939
September 2028 220759 207735 233784
October 2028 220525 203544 237505
November 2028 219869 202280 237459
December 2028 220017 205936 234098
New Castle Housing Market Forecast with Real Estate Prices for 2029
January 2029 221093 200531 241655
February 2029 222175 202179 242171
March 2029 223262 204285 242239
April 2029 223563 202549 244578
May 2029 223839 210856 236821
June 2029 223869 210884 236853
July 2029 223249 204272 242225
August 2029 222640 205275 240006
September 2029 222717 200891 244543
October 2029 223807 206797 240816
November 2029 224902 206235 243568
December 2029 226002 209956 242048
New Castle Housing Market Forecast with Real Estate Prices for 2030
January 2030 227108 212346 241870
February 2030 228060 215517 240604
March 2030 227454 209030 245878
April 2030 227063 210715 243412
May 2030 226972 209949 243995
June 2030 228083 207327 248838
July 2030 229199 209258 249139
August 2030 229658 210597 248720
September 2030 230149 213118 247180
October 2030 231275 219711 242839
November 2030 232407 218927 245886
December 2030 233544 212992 254095
New Castle Housing Market Forecast with Real Estate Prices for 2031
January 2031 234686 211687 257685
February 2031 235834 223099 248569
March 2031 236988 216844 257132
April 2031 238148 218381 257914
May 2031 239313 216339 262287
June 2031 240484 225333 255634
July 2031 241660 217494 265826
August 2031 242843 229001 256685
September 2031 244031 223776 264285
October 2031 243305 223841 262769
November 2031 242581 222205 262958
December 2031 241860 227107 256613
New Castle Housing Market Forecast with Real Estate Prices for 2032
January 2032 241348 220351 262346
February 2032 242529 226037 259021
March 2032 243716 230799 256633
April 2032 244908 224336 265480
May 2032 244542 220577 268507
June 2032 244221 229812 258630
July 2032 243704 226401 261007
August 2032 243267 224536 261999
September 2032 244458 221234 267681
October 2032 245654 221825 269482
November 2032 246855 225873 267838
December 2032 248063 231691 264435
New Castle Housing Market Forecast with Real Estate Prices for 2033
January 2033 249277 226094 272460
February 2033 248939 229273 268606
March 2033 248199 235045 261354
April 2033 247622 233013 262232
May 2033 248214 226619 269808
June 2033 248745 228845 268645
July 2033 248335 228220 268450

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.