Newcastle, Maine.
Typical home $465,155 (-2.7% in a year).
to buy the typical home at today's mortgage rate — +$1,429 (+141%) since Jan 2020.
- 1 year
- Down $12,958 -3%
- $478,113$465,155 since Sep 2025
- 5 years
- Up $99,008 +27%
- $366,147$465,155 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Newcastle$2,441
- Maine$2,162
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 14 years.
Typical home values in Newcastle, ME fell 2.7% over the past year — slower than the nation's +1.2%.
Living in Newcastle, Lincoln County, Maine
Newcastle, in Lincoln County, had 660 people in the 2020 census. Unemployment in Lincoln County was 3.1% in August 2026, and the county had 1.2% more jobs in 2025 than the year before. The most people in Lincoln County work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Newcastle is a small community on the Maine coast, with an older population than most of the country. Winters are cold and very snowy, with January the coldest month, and summers are mild, with July the warmest. Precipitation is plentiful through the year, falling as rain in the warm months and as snow in the cold ones. Homes here are valued well above what is typical across much of the country.
Work. Across Lincoln County, jobs have grown a little over the past year, and unemployment is slightly higher than it was a year earlier. Many residents work in schools, hospitals and social care, with others in manufacturing, shops and the building trades. Among the county's largest workplaces are Lincolnhealth, RSU 12 Schools and Hannaford.
Things to do. The Damariscotta Shell Midden Historic District and Whaleback Shell Midden, both archaeological sites, are in or beside town. A short drive away are Dodge Point Preserve, a park, and the Wiscasset Jail and Museum, which tells local history. For a longer outing, the Farnsworth Art Museum is a longer drive away.
Report a mistake
- 6%below the poverty line
What people in Lincoln County work in
Employed residents by industry, from the Census survey. Lincoln County had 11,388 jobs in 2025, 1.2% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 30° and lows near 15°; warmest in July, with highs near 78° and lows near 60°. About 79 inches of snow and 49 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Newcastle weather station, under a mile away (NOAA).
Largest workplaces in Lincoln County
- LH -35 MilesHospitals, general medical and surgical339
- LincolnhealthCritical access hospital320FTE
- RSU 12 SchoolsSchool district230FTE
- HannafordGrocery stores178
- Boothbay-Boothbay Hbr CSDSchool district128FTE
- Coastal Maine Botanical GardensBotanical gardens118
- Wiscasset Public SchoolsSchool district116FTE
- Knickerbocker GroupCustom builders, single-family home113
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 17 workplaces with 20 or more staff, 1,492 people in all across the county; Newcastle has none of its own. Hospitals come from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherVery high
- Ice stormsVery high
- LightningRelatively high
- Coastal floodingRelatively moderate
- HurricanesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Newcastle’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Lincoln County.
Newcastle home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Newcastle$465,155
- Maine$412,002
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Newcastle15
New listings per month
Sellers arriving at the market.
- Newcastle6
Zip codes with a Newcastle address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Newcastle — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.