New Castle Real Estate & Homes for Sale in Delaware
Unlike many historic towns, New Castle is a residential community where each home reflects the individuality of its past and present owners. The homes in New Castle can best be described as well-constructed and beautifully landscaped with many homes located along tree-lined, cobblestone streets; a distinct feature running throughout this thriving, family-friendly eastern seaport town.
Located just south of densely populated Wilmington and within a short commute to Philadelphia, New Castle offers residents the perfect blend of culture, history, tourism and recreational amenities both big and small. Parks in New Castle include Buttonwood, Penn Valley, Van Dyke, Bull Hill, Susi, Dobbinsville and the famous Battery Park, home of the town's widely celebrated Separation Day Event. Local attractions include visits to the Dutch and Amstel Houses, the Read House and Garden, and the Old New Castle Courthouse. Nearby, the City of Wilmington offers a plethora of recreational and entertainment amenities that enable New Castle residents to experience the benefits found in its small town, picturesque setting, as well as the big city indulgences of its neighboring metropolis.
Industrial growth in the region has spurred on employment opportunities while a mainstay of jobs can also be found in Philadelphia, a mere 30 minutes away. New Castle's coastal location makes it ideal for residents to easily travel so when one seeks the refreshing respite from the pressures of daily life, a trip to the beach, the Brandywine Valley, or any of Delaware's other treasures is a simple task to accomplish.
New Castle, DE Real Estate Market & Prices for Houses for Sale
A variety of colonial, bungalow, Cape Cod, Victorian and French-inspired homes are available in this historic community. Two, three and four-bedroom New Castle homes range in price from under $100,000 to the low $600,000s and up, and can be found in subdivisions such as Saddlebrook, Holloway Terrace, Hamilton Park, Jefferson Farms and Pleasantville. Larger homes in New Castle County with sprawling yards range in price from the mid-$400,000s to the low $900,000s and more, and are located in subdivisions such as Bayview Manor, Red Lion Chase, Barbs Farms and Northern View. Many historic properties are available as is a select few plots of land in New Castle for custom building.
New Castle Real Estate Stats and Trends for the week of April 17th, 2020: homes priced around $194,281 compared to $193,797 the previous week, for a slight increase of less than +1%. For Friday, April 17th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.