Is New Castle, PA 16101 a buyer’s or seller’s market?

The New Castle housing market right now

In the three months ending August 31, 2026, 25% of homes in New Castle, PA 16101 sold above their list price, the typical home went under contract in 49 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 100 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (23% then), homes sold faster (53 days then) and the median sale price rose 30% to $149,835. Overall, New Castle is more competitive than a year ago, so tougher for buyers.

Within Lawrence County, homes here sell faster than in 58% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, New Castle ranks #509 of 601 PA ZIP codes with enough sales (score 39 out of 100).

Nearby, buyers who want less competition could look at Volant 16156 (0% sold over asking) or New Galilee 16141 (0% sold over asking), while West Pittsburg 16160 (50% sold over asking) and New Castle 16102 (37% sold over asking) are even more competitive.