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New Castle, Pennsylvania Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
45
Sold (12M)
17
Median Price
$30K
Market Condition
Strong Buyer's Market

New Castle, Pennsylvania Market Meter

Buyer'sSeller's
Strong Buyer's Market

27.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$30K
Avg Price/Acre
$27K
Avg Days on Market
196
Months of Supply
27.0
YoY Price Change
+275.6%
New Listings (3M)
27

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres1347
1-2 acres-124
2-5 acres--23
5-10 acres--11
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL14915
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres7 sold / 27 listed
1-2 acres4 sold / 10 listed
2-5 acres3 sold / 5 listed
5-10 acres1 sold / 0 listed
10-20 acres0 sold / 1 listed

Median Price by Acreage

$0$48K$95K
0- 1
1- 2
2- 5
5- 10

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.3M
Last 12 months
Active Listings
45
Current inventory
Avg Days on Market
196
Time to sell
Price Trend (YoY)
+275.6%
Year over year

New Castle, Pennsylvania Land Market Analysis

How much is land worth in New Castle, Pennsylvania?

The median price for land in New Castle, Pennsylvania is currently $27K per acre. For a typical parcel, the median sale price is $30K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $8K while premium lots reached $192K.

Is now a good time to buy land in New Castle, Pennsylvania?

New Castle, Pennsylvania is currently a strong buyer's market with 27.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have increased 275.6% year-over-year.

What is the months of supply for land in New Castle, Pennsylvania?

New Castle, Pennsylvania currently has 27.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.

What is the total amount sold in New Castle, Pennsylvania last year?

Over the past 12 months, New Castle, Pennsylvania saw 17 properties sold, totaling $1.3M in sales volume. In just the last 3 months, 5 properties changed hands.

What is the median land price in New Castle, Pennsylvania?

The median land price in New Castle, Pennsylvania stands at $30K. This translates to roughly $27K per acre for the typical parcel size. The average price is $75K, indicating some higher-priced properties pulling up the average.

Is now a good time to invest in land in New Castle, Pennsylvania?

The current absorption rate in New Castle, Pennsylvania is 3.7% (3-month basis), indicating slow demand. With appreciating values (+275.6% YoY), the market shows growth potential.

What is the total land for sale in New Castle, Pennsylvania?

There are currently 45 active listings in New Castle, Pennsylvania. 27 new listings have hit the market in the last 90 days. The median asking price is $40K.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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