New Castle, CO Real Estate
According to census data in the year 2000 there were 746 housing units in New Castle.
This represents a 169.3% growth from 277 in 1990.
Of those housing units, 693 were located in either urbanized areas or urban clusters, and 53 were located in what is classified as a rural area.
Homeownership rate in New Castle is about 76.5%.
New Castle's vacancy rate, including seasonal lodging, is about 4.3%.
Average household size is 2.81 people.
The majority of houses, apartments or condos in New Castle were built after 1994.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.30% |
| One Bedroom | 8% |
| Two Bedrooms | 20.90% |
| Three Bedrooms | 57% |
| Four Bedrooms | 12.30% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1995 |
| Median Value of occupied units | $179,100 |
| Median Price asked for vacant units | $175,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.03 |
| Median year structure was built | 1981 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 10.70% |
| Home Equity Loan | 11.60% |
| Simple Mortgage | 68.20% |
| Debt Free | 9.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 23.9% |
