New Castle, VA Real Estate
According to census data in the year 2000 there were 91 housing units in New Castle.
This represents a 9.6% growth from 83 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 91 were located in what is classified as a rural area.
Homeownership rate in New Castle is about 50%.
New Castle's vacancy rate, including seasonal lodging, is about 7.7%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in New Castle were built after 1951.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.20% |
| One Bedroom | 2.20% |
| Two Bedrooms | 41.80% |
| Three Bedrooms | 33% |
| Four Bedrooms | 11% |
| Five Bedrooms or more | 9.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.83 |
| Median year structure was built | 1939 |
| Median Value of occupied units | $91,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1958 |
| Median Monthly Rent asked for vacant units | $375 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 6.10% |
| Home Equity Loan | 6.10% |
| Simple Mortgage | 36.40% |
| Debt Free | 51.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.6% |
