Market reports › VA

New Castle, VA housing market: August 2026

What's happening in the New Castle market right now.

$216,660
Typical home value
+5.6% in a year
+22.6%
Home values, 5 years
$419,250
Median list price · Craig County
+46.5% in a year
23
Homes for sale · Craig County
+35.3% in a year
90 days
Median days on market · Craig County
33.3%
Listings with a price cut
$150K $200K 201620182020202220242026

Buyer's or seller's market?

New Castle, VA leans toward a buyer's market: homes in Craig County take a median of 90 days to sell, and the number for sale is +35.3% on a year ago. Buyers have room to negotiate; sellers should price carefully.

12-month outlook

0% to +7.5% for the typical New Castle home value over the next 12 months.

A projection from past prices (the trend of the last 3 and 12 months, damped), not a prediction or advice. Local conditions can move faster than any trend.

Sources: Zillow Home Value Index, August 2026 · Realtor.com county data, August 2026. Listing figures are for Craig County as a whole.

See 8 New Castle agents Browse homes

New Castle market — questions answered

What is the typical home value in New Castle, VA?

$216,660 as of August 2026, +5.6% on a year earlier (Zillow Home Value Index).

Are home prices going up in New Castle, VA?

Yes — the typical home value changed +5.6% over the year to August 2026 and +22.6% over five years.

Is New Castle, VA a buyer's or seller's market?

It leans toward buyers: the median home in Craig County sells in 90 days (Realtor.com, August 2026).

How many homes are for sale in New Castle, VA?

23 homes were listed for sale across Craig County in August 2026 (Realtor.com).

Who are the best real estate agents in New Castle, VA?

Homegrity lists 8 licensed New Castle agents, each checked against the state license register. Placement is never bought. See them at /real-estate-agents/new-castle.

Nearby VA markets

Want a precise, personal read?

A local New Castle agent will run the numbers for your exact situation, free.

Talk to an agent