New Castle, PA Real Estate

According to census data in the year 2000 there were 11,703 housing units in New Castle. This represents a 6.1% decline from 12,463 in 1990.

Of those housing units, 11,703 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in New Castle is about 64.6%. New Castle's vacancy rate, including seasonal lodging, is about 8.3%. Average household size is 2.36 people.

The majority of houses, apartments or condos in New Castle were built after 1939.


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom12.90%
Two Bedrooms29.30%
Three Bedrooms42.90%
Four Bedrooms10.10%
Five Bedrooms or more2.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.48
Median year structure was built1939
Median Value of occupied units$42,300
Median Price asked for vacant units$24,900

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1946
Median Monthly Rent asked for vacant units$282

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage3.20%
Home Equity Loan5.80%
Simple Mortgage37.70%
Debt Free52.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%