Newcastle, OK Real Estate
According to census data in the year 2000 there were 2,040 housing units in Newcastle.
This represents a 29.2% growth from 1,579 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 2,040 were located in what is classified as a rural area.
Homeownership rate in Newcastle is about 87.2%.
Newcastle's vacancy rate, including seasonal lodging, is about 4.4%.
Average household size is 2.71 people.
The majority of houses, apartments or condos in Newcastle were built after 1982.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.60% |
| One Bedroom | 4.80% |
| Two Bedrooms | 18.90% |
| Three Bedrooms | 57.90% |
| Four Bedrooms | 16.50% |
| Five Bedrooms or more | 1.30% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.81 |
| Median year structure was built | 1982 |
| Median Value of occupied units | $95,400 |
| Median Price asked for vacant units | $88,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.04 |
| Median year structure was built | 1976 |
| Median Monthly Rent asked for vacant units | $325 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1.20% |
| Second Mortgage | 6.60% |
| Home Equity Loan | 8.60% |
| Simple Mortgage | 56% |
| Debt Free | 27.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
