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.


Housing Size

Housing Units by Size
Studio Type0.60%
One Bedroom4.80%
Two Bedrooms18.90%
Three Bedrooms57.90%
Four Bedrooms16.50%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.81
Median year structure was built1982
Median Value of occupied units$95,400
Median Price asked for vacant units$88,000

Rented Homes, Apartments and Condos

Average Household Size2.04
Median year structure was built1976
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.20%
Second Mortgage6.60%
Home Equity Loan8.60%
Simple Mortgage56%
Debt Free27.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16%