Why Live in Newcastle
Newcastle is a rapidly growing rural, suburban neighborhood located just south of Oklahoma City. This area has transformed from a quiet community into a thriving neighborhood, attracting homeowners seeking more affordable living options. Newcastle features local annual events, a farmers market, and convenient access to daily amenities, allowing residents to enjoy both peaceful evenings and busy weekends. The neighborhood's residential areas vary, with dense, planned communities featuring prairie-influenced ranch-style homes on smaller plots near the center, and spacious yards with views of rolling cornfields in the rural parts. Home prices range from $160,000 for older three-bedroom homes to over $1 million for custom-built properties. Newcastle offers educational opportunities at Newcastle Early Childhood Center, Newcastle Elementary School, Newcastle Middle School, and Newcastle High School, which provide high-rated education and college course options for older students. The neighborhood lacks public transportation, making car travel essential, with I-44 providing easy commutes to Oklahoma City, 16.2 miles away, and Will Rogers World Airport, 11.5 miles away. Shopping and dining are centered along North Main Street, featuring local favorites like Happy Heart Homestead and GG’s Country Cooking. Newcastle Marketplace offers boutique shopping, while the nearby Walmart Supercenter and Newcastle Casino provide additional retail and entertainment options. Veterans Park is a popular spot with a splash pad, fishing pond, and the Newcastle Farmers Market. Community events, such as the Red, White, and Blue Fest and Newcastle High School Homecoming Parade, are held here. Future developments include a large medical center by the Chickasaw Nation, expected to bring numerous jobs to the area.
Home Trends in Newcastle, OK
On average, homes in Newcastle, OK sell after 71 days on the market compared to the national average of 51 days. The median sale price for homes in Newcastle, OK over the last 12 months is $299,995, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$299,995
Median Single Family Sale Price
$295,311
Average Price Per Sq Ft
$174
Number of Homes for Sale
192
Last 12 months Home Sales
284
Median List Price
$304,990
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
7%