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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.20% |
| One Bedroom | 9.80% |
| Two Bedrooms | 18.20% |
| Three Bedrooms | 50.40% |
| Four Bedrooms | 16.50% |
| Five Bedrooms or more | 4.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.53 |
| Median year structure was built | 1958 |
| Median Value of occupied units | $123,000 |
| Median Price asked for vacant units | $113,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.91 |
| Median year structure was built | 1939 |
| Median Monthly Rent asked for vacant units | $378 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.50% |
| Second Mortgage | 12.50% |
| Home Equity Loan | 11.20% |
| Simple Mortgage | 44.40% |
| Debt Free | 31.30% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.6% |
