New Castle, IN Real Estate
According to census data in the year 2000 there were 7,996 housing units in New Castle.
This represents a 2.1% growth from 7,829 in 1990.
Of those housing units, 7,988 were located in either urbanized areas or urban clusters, and 8 were located in what is classified as a rural area.
Homeownership rate in New Castle is about 65.9%.
New Castle's vacancy rate, including seasonal lodging, is about 7.5%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in New Castle were built after 1951.
|Housing Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.46|
|Median year structure was built||1948|
|Median Value of occupied units||$67,900|
|Median Price asked for vacant units||$53,800|
Rented Homes, Apartments and Condos
|Average Household Size||2.13|
|Median year structure was built||1958|
|Median Monthly Rent asked for vacant units||$375|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||7.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14.9%|