Why Live in Newcastle
Newcastle, Wyoming, is a small city located southwest of the Black Hills, near the South Dakota border. With a population of approximately 3,300, Newcastle is known for its natural beauty, rural surroundings, and recreational opportunities. The city features highly-ranked schools and a close-knit community, attracting homeowners looking for a slower pace of life, whether retiring or raising families. Housing options vary, with midcentury homes on the west side offering larger lots and cabin or farmhouse accents, while the central and eastern areas have traditional subdivisions with split-levels, Cape Cods, and ranch-style homes. Newcastle faces a severe wildfire risk due to drought conditions and high winds. Outdoor attractions include the Black Hills National Forest, which spans 1.2 million acres and offers hiking, horseback riding, and biking, as well as campsites for overnight stays. Thunder Basin National Grassland is another popular destination, known for its diverse wildlife and bird species. Dow Park provides playground equipment and hosts vendor fairs and events. The city’s downtown area features local businesses and dining options like Isabella’s tavern and Donna’s Main Street Diner, with no major chains or franchises present. Newcastle is served by U.S. Routes 16 and 85, with Rapid City and Gillette each about 80 miles away. The Weston County Fair, a weeklong summer event with parades, rodeos, and live performances, has been celebrated annually since 1904.
Home Trends in Newcastle, WY
On average, homes in Newcastle, WY sell after 115 days on the market compared to the national average of 51 days. The median sale price for homes in Newcastle, WY over the last 12 months is $229,500, up 7% from the median home sale price over the previous 12 months.
Median Sale Price
$229,500
Median Single Family Sale Price
$336,500
Median Townhouse Sale Price
$149,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
26
Last 12 months Home Sales
4
Median List Price
$336,500
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
7%