Market Overview
Home Prices in Newcastle, TX
The median home value in Newcastle, TX is $187,426 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 9.8% compared to a year ago and down 3.1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Newcastle are priced54% below average.
Over the past five years, Newcastle home values have risen by approximately11.2%, reflecting steady appreciation in this market.
Price History
Newcastle Home Price Trend
2021
$168,595
$169K
—
2022
$202,577
$203K
+20.2%
2023
$205,467
$205K
+1.4%
2024
$214,439
$214K
+4.4%
2025
$207,840
$208K
-3.1%
2026
$187,426
$187K
-9.8%
City Comparison
Newcastle vs. National Median
🏠 Newcastle
$187,426
National Median
$410,000
At $187,426, homes in Newcastle cost 54% below the national median of $410,000. This makes Newcastle a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Newcastle?
20% Down Payment
$37,485
on $187,426
Monthly P&I
$978/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,242/mo
incl. taxes & insurance
Income Needed
$49,680
gross annual (30% rule)
10% Down Option
$18,743
+ PMI applies
Loan Amount (20% dn)
$149,941
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Newcastle, TX?
The median home value in Newcastle is $187,426 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 9.8% year-over-year.
How much have home prices changed in Newcastle?
Over the past year, home values in Newcastle have decreased by 9.8%. Over five years, prices have risen approximately 11.2%.
How much do I need to earn to buy a home in Newcastle?
To comfortably afford the median home price of $187,426 with a 20% down payment ($37,485) at today's rates (6.8%), you'd need a gross annual income of approximately $49,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Newcastle compare to the national average home price?
The national median home value is approximately $410,000. At $187,426, homes in Newcastle are 54% below the national average.