New Castle, DE Real Estate

According to census data in the year 2000 there were 2,260 housing units in New Castle. This represents a 12.7% growth from 2,006 in 1990.

Of those housing units, 2,260 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New Castle is about 77.9%. New Castle's vacancy rate, including seasonal lodging, is about 8.1%. Average household size is 2.39 people.

The majority of houses, apartments or condos in New Castle were built after 1954.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom9.80%
Two Bedrooms18.20%
Three Bedrooms50.40%
Four Bedrooms16.50%
Five Bedrooms or more4.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1958
Median Value of occupied units$123,000
Median Price asked for vacant units$113,700

Rented Homes, Apartments and Condos

Average Household Size1.91
Median year structure was built1939
Median Monthly Rent asked for vacant units$378

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage12.50%
Home Equity Loan11.20%
Simple Mortgage44.40%
Debt Free31.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.6%