Home prices
The median home in Newcastle is valued at $309,400. Compared to the surrounding areas this is approximately $96,700 (45%) higher.It is approximately $91,900 (42%) higher in comparison to the entire nation, and in comparison to the city of Portland is about $20,400 (7%) higher.
Rents
In Newcastle the median rent is $775 per month. In comparison to nearby areas it is about $108 (16%) higher.In comparison to the country as a whole it is approximately $287 (27%) lower, and compared to the city of Portland is approximately $349 (31%) lower.
Nearby places
Damariscotta
Damariscotta is Newcastle's neighbor to the southeast. The housing prices there are somewhat less expensive. Damariscotta's median home price is $288,300, which works out to $21,100 (7%) lower than Newcastle. Rents there are a little more expensive. In Damariscotta the median rent is $852 per month, which works out to $77 (9%) higher than Newcastle.
Wiscasset
Wiscasset is approximately 6 miles west from Newcastle. Its housing prices are a lot less expensive. The value of the median home in Wiscasset is $207,500, which works out to $101,900 (49%) lower than Newcastle. Rents there are a bit less expensive. Wiscasset's median rent is $734 a month, which comes out to $41 (5%) lower than Newcastle.
Waldoboro
Waldoboro is approximately 7 miles northeast of Newcastle. Real estate prices there are significantly less expensive. Waldoboro's median home cost is $180,300, which comes out to $129,100 (71%) lower than Newcastle. The rent there is significantly less expensive. Waldoboro's median rent is $342 per month, which is $433 (126%) lower than Newcastle.
Richmond
Richmond is approximately 12 miles west of Newcastle. Real estate prices there are significantly less expensive. Richmond's median home price is $164,100, which is $145,300 (88%) lower than Newcastle. Rent there is a little less expensive. In Richmond the median rent is $717 a month, which comes out to $58 (8%) lower than Newcastle.
Boothbay Harbor
Boothbay Harbor is about 12 miles south of Newcastle. The housing prices there are a lot less expensive. The median home in Boothbay Harbor costs $223,300, which is $86,100 (38%) lower than Newcastle. The rent there is a little less expensive. In Boothbay Harbor the median rent is $692 a month, which is $83 (11%) lower than Newcastle.
