Home

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 Type2.20%
One Bedroom2.20%
Two Bedrooms41.80%
Three Bedrooms33%
Four Bedrooms11%
Five Bedrooms or more9.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size1.83
Median year structure was built1939
Median Value of occupied units$91,300

Rented Homes, Apartments and Condos

Average Household Size2.33
Median year structure was built1958
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.10%
Home Equity Loan6.10%
Simple Mortgage36.40%
Debt Free51.50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs14.6%