New Castle, CO Real Estate

According to census data in the year 2000 there were 746 housing units in New Castle. This represents a 169.3% growth from 277 in 1990.

Of those housing units, 693 were located in either urbanized areas or urban clusters, and 53 were located in what is classified as a rural area.

Homeownership rate in New Castle is about 76.5%. New Castle's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.81 people.

The majority of houses, apartments or condos in New Castle were built after 1994.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom8%
Two Bedrooms20.90%
Three Bedrooms57%
Four Bedrooms12.30%
Five Bedrooms or more1.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.74
Median year structure was built1995
Median Value of occupied units$179,100
Median Price asked for vacant units$175,000

Rented Homes, Apartments and Condos

Average Household Size3.03
Median year structure was built1981

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage10.70%
Home Equity Loan11.60%
Simple Mortgage68.20%
Debt Free9.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.9%