New Castle, VA housing market
The typical New Castle home is worth about $217,000, up 5.6% in a year, 48% below the Virginia typical home.
Home values, sales, trends and how New Castle compares with the towns next door — updated as new data is published.
New Castle at a glance
Only 1 sale in March 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | New Castle | Virginia |
|---|---|---|
| 2017 | $131,000 | $253,000 |
| 2018 | $135,000 | $263,000 |
| 2019 | $141,000 | $271,000 |
| 2020 | $147,000 | $284,000 |
| 2021 | $165,000 | $311,000 |
| 2022 | $187,000 | $345,000 |
| 2023 | $188,000 | $367,000 |
| 2024 | $192,000 | $386,000 |
| 2025 | $199,000 | $405,000 |
| 2026 | $207,000 | $411,000 |
| August 2026 | $217,000 | $415,000 |
A two-bedroom rents for about $1,030
HUD's Fair Market Rent for a two-bedroom in New Castle is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $810 · 4 bedrooms $1,700
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (24127; Roanoke, VA HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in New Castle
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, March 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.