New Castle, CO Home Values & Market Trends

Real estate market trends reflect that there have been 108 transactions over the past year in New Castle. The median value for residential home transactions that occurred over the previous year is $619,946.62. The number of current listings in New Castle is 18, and the percentage of properties for sale in the city is 18.00%. New Castle, CO currently has 4 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 18 properties for sale.

New Castle, CO Real Estate Market Overview

ZipMedian Est. Value
81647

$ 632,000

$ 362/sqft

Housing Market Summary for New Castle, CO

Apr 2023March 2024Change
Median Listing Price$500K$636.8K27.35%
Median Sold Price$603.7K$636.8K5.48%
Homes For Sale2116-23.81%
Homes Sold46484.35%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in New Castle, CO

New Castle home values range from $61,755 to $4,066,568. The median estimated value of a home in New Castle is $619,946.62. The median list price of a home is 652,500, and the total count of properties in the city is 2,738.

Foreclosure
There is 1 zips within New Castle, CO; within this zips, the median estimated home value for homes in foreclosure ranges from $804,000 in 81647 to the lowest value of $563,295 in 81647. Foreclosure homes account for 0.00% of properties in New Castle, CO with 81647 containing 4 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in New Castle, CO with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New Castle, CO; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in New Castle, CO ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in New Castle, CO. There is 1 zips within New Castle, CO; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    81647 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of New Castle, CO. Auction homes and other auction properties account for 0.15% of all properties in New Castle, CO. There is 1 zips within New Castle, CO; of that zips, the median estimated home value for homes going to auction ranges from $804,000 in 81647 to the lowest value of $563,295 in 81647.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.66% of residential properties in New Castle, CO with 81647 containing 18 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within New Castle, CO; homes for sale in that zips, have a range of median values from $1,200,000 in 81647 to the lowest value of $294,265 in 81647.
    Sold Homes
    The median value for recently sold homes ranges from $1,781,988 in 81647 to the lowest price of $262,002 in 81647. There is 1 zips within New Castle, CO. 81647 has 56 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.05% of properties in New Castle, CO.

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      Guide for New Castle, CO

      Tennessee
      Aurora, Colorado: Real Estate Market Report March 2024
      Tennessee
      Colorado Springs Property Market Maintains Sturdy Performance in 2023
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      See More Articles
      Aurora, Colorado: Real Estate Market Report March 2024
      Tennessee|posted 18 March 2024

      Recent trends in Aurora, CO’s real estate market reveal interesting fluctuations in property values compared to nearby cities like Denver, Englewood, and Parker.

      Colorado Springs Property Market Maintains Sturdy Performance in 2023
      Tennessee|posted 2 February 2024

      Delving into property market trends from 2023 to 2024 in Colorado Springs and neighboring cities, this overview highlights fluctuations in property values, sold prices, and sales volumes. While revealing diverse trends, Sedalia stands out with its significantly high median values.

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Recently Listed Homes New Castle, CO

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