Selling Your Home
March 20, 2023 — Newcastle real estate market at a glance:
- 16 houses, 1 condo and 5 parcels are for sale in Newcastle today.
- $1,620,473 is the median asking price for a single family home for sale.
- 2,962 SQFT is the median size of a single family home for sale.
- $547/SQFT is the median asking price per square foot for a single family home for sale.
- 6 new homes in Newcastle are for sale today.
-
There are
1.65
months of residential housing supply.
This indicates a severe seller's market with upward pressure on pricing.
Calculation: 17 houses and condos for sale divided by 10.3 sales per month which is the trailing six month average.
Newcastle is a small city on the eastside of Lake Washington. With a population of about 13,000, homeowners are drawn to Newcastle for its gorgeous lakefront views, its large, lush yards and its tightknit, safe neighborhood-feel. Newcastle is very walkable area and there are many convenient, outdoor activities for families with young children.
Homes for Sale in Newcastle, WA
All (16)
| Active | ||
| 16 Houses | 1 Condo | 5 Parcels |
| For Sale Stats | ||
$1,620,473 |
2,962 sqft |
$547/sqft |
| Median values from the 16 single family homes for sale in Newcastle WA. | ||
| Closing Stats | ||
$1,450,000 |
3,160 sqft |
$459/sqft |
| Median values for the 44 single family Newcastle homes closed in the last 6 months. | ||
| Plus | ||
6 New Homes |
35% of the residential market |
|
1.65 Months of Supply |
This indicates a severe seller's market with upward pressure on pricing.
|
|
- Homes closed February 2023: 15 0 from February 2022 (15).
- $1,450,000 was the median sale price of single family houses closed in the last 6 months.
- 3,160 SQFT was the median size of single family houses closed in the last 6 months.
-
$459/SQFT
was the median price per square foot for single family homes closed in the last 6 months.
Closed house price and size is computed by median 44 single family Newcastle homes closed in the last six months.
-
12 residential closings
have occurred in the last thirty days.
Houses (11) · Condos (1)
Guide to Homes For Sale in Newcastle, WA
The quaint city of Newcastle is in especially high-demand for its convenient location and unmatched natural beauty. Large, single-family homes are nestled between the city's most popular attractions like Lake Boren, the Golf Club of Newcastle and Cougar Mountain Regional Wildland Park. Here are some of the main reasons why people are looking for homes for sale in Newcastle, WA.
Families enjoy Newcastle for its community-building cul-de-sacs and the city's numerous, colorful playgrounds.
Empty nesters and couples are attracted to Newcastle for its walkability and the city's extensive system of hiking trails.
Working professionals are drawn to Newcastle for its convenient location less than 15 minutes from downtown Bellevue.
Location
Newcastle is a city on the eastside of Lake Washington about 12 miles from downtown Seattle. It is bordered by Bellevue to the north, Renton to the south and Issaquah to the east. The city includes neighborhoods China Creek, Highlands at Newcastle and Olympus.
About the Homes For Sale in Newcastle, WA
Despite being a city of fewer than five square miles, Newcastle offers a variety of sizes and styles of homes. Homes in the Highlands at Newcastle neighborhood are larger builds (on average about 3,800 sqft) mostly original to the early 2000s. To the west in Olympus, slightly smaller homes sit on bigger lots around quiet cul-de-sacs. Many of Olympus homes, built in the 80s and 90s, also boast stunning views. Over in lush China Creek large craftsman-style homes are nestled between the city's golf course and Cougar Mountain. Check out listings for homes for sale in Newcastle, WA above.
Single Family Homes in Newcastle, WA
- 16 homes are currently listed for sale in Newcastle WA.
- 122 single family homes sold and closed in the last 12 months.
- Prices - $1,450,000 was the median closing price in the last 6 months.
- Sizes - 3,160 SQFT was the median home size.
Please see our Newcastle listings page for updates on a daily basis.
Condos and Condo Buildings
Condos in Newcastle are primarily situated along 133rd Ave SE and Newcastle Golf Club Rd, with many of them built between the 1990s and early 2000s.
Please see Newcastle condos for more information on condos and complexes in Newcastle.
New Home Construction in Newcastle
Though there are no new single-family homes in Newcastle, there are a few parcels of land for sale in the city. Parcels of land are often surrounded by undeveloped forest. Land on the westside of the city may even have views of Lake Washington.
New Construction Single Family Homes
- 6 new homes are currently listed for sale in Newcastle WA.
- 11 new single family homes sold and closed in the last 12 months.
- Prices - $2,200,000 was the median closing price in the last 6 months.
- Sizes - 4,123 SQFT was the median home size.
Please see our Newcastle new homes page for updates on a daily basis.
Schools in Newcastle, WA
The city of Newcastle is served by both the Issaquah and Renton School Districts. Within the city limits, there are two public elementary schools:
- Newcastle Elementary (Issaquah District)
- Hazelwood Elementary (Renton District)
Depending on location, children will go on to attend:
- Vera Risdon Middle School (Renton)
- McKnight Middle School (Renton) or
- Maywood Middle School (Issaquah)
Local high schools include:
- Liberty High School (Issaquah)
- Hazen High School (Renton)
The city of Newcastle also has a handful of private school options nearby, including:
- Summit Classical Christian School (K-12)
- Emerald Heights Academy (K-8)
- Forest Ridge School of the Sacred Heart (5-12)
Activities, Parks & Recreation
Lush Newcastle has plenty of outdoor recreational opportunities. Countless trails weave through Newcastle including the Coal Creek Falls Loop, May Creek Trail, and Waterline Trail. Many of Newcastle's trails are located in the northwesternmost corner of the Issaquah Alps, a large range which includes popular hiking spots, Cougar Mountain and Rattlesnake Ridge.
Other popular recreational centers in the city include the Golf Club of Newcastle and the Coal Creek YMCA. The city's YMCA has a swimming pool, a kid's club and various fitness classes to choose from.
Lake Boren is located in the center of the city and is surrounded by Lake Boren Park. Though there is no lifeguard on duty, visitors are welcome to swim in the lake, which has a swimming dock on its eastern side. Visitors are also welcome to fish at Lake Boren, which is filled with brown bullhead, largemouth bass, and rainbow trout.
Newcastle Restaurants
- Yea's Wok
- The Calcutta Grill
- Dino's Pub
- MOD Pizza
- AJI Sushi and Grill
- Starbucks
Shopping & Restaurants
- Coal Creek Marketplace
- Safeway
- Bartell Drugs
- B&E Meats and Seafood (Butcher)
- Pet Pros
Getting Around Newcastle, WA
For residents of Newcastle, I-405 provides quick access to downtown Bellevue. Commutes to Seattle require taking I-405 north, heading west on I-90 and then taking I-5 through Seattle. Bus route 240 also runs north to south, between Bellevue, Newcastle and Renton.
Common Commute Times (by car)
- Downtown Seattle - 21 mins
- University of Washington - 24 mins
- South Lake Union - 21 mins
- Downtown Bellevue - 13 mins
- Kirkland - 21 mins
- Redmond - 20 mins
Newcastle, WA Real Estate Agent
Have specific questions and want help from an friendly area expect? Contact Rob today!
I'm interested in seeing and potentially buying in Newcastle, now what?
It's time to talk to a real estate agent about the properties you're most interested in. We recommend you contact Rob Condiotty, the Landcast team member covering Newcastle, WA.
Are there more homes for sale in Newcastle than shown on this page?
All MLS listed homes for sale in Newcastle, WA are on Wicklund Real Estate.
We sometimes know of off-market homes or new homes being built by home builders that aren't currently listed, to help find these unlisted homes for sale in Newcastle, we recommend you contact Rob Condiotty.
Where does Wicklund Real Estate get information about Newcastle?
Information about the listed homes for sale in Newcastle generally comes from the MLS. Information about neighborhoods in Newcastle, condos in Newcastle, and new homes in Newcastle, comes from the MLS, our research staff, public data, area home builders and from contributions from our users.