Housing in Newcastle, ME
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Zillow — January 2026Zillow Home Value Index
$441,367
Newcastle vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Newcastle is highlighted.
Median Home Value
85th%ilemost expensive$417,700show rank
Median Rent
59th%ilemost expensive rent$1,042show rank
Rent Burden
34th%ilehighest rent burden16.4%show rank
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$417,700
Median Rent
$1,042
Total Housing Units
331
Vacancy Rate
10.0%
Owner Occupied
74.8%
Renter Occupied
25.2%
Median Property Tax
$5,550
per year
Monthly Cost (w/ Mortgage)
N/A
Housing Types
Single Family81.6%
Multi-Family16.9%
Mobile Home1.5%
The median home value in Newcastle, ME is $417,700. According to Zillow, the home value index for Newcastle is $441,367. The median rent is $1,042 per month (Census ACS). About 74.8% of housing units are owner-occupied. The median year homes were built is 1991. There are 331 total housing units.