Market Report
New Castle, CO 81647
Single-Family Homes
www.titlecorockies.com
New Castle, CO 81647
Fri May 09 2025
This week the median list price for New Castle, CO 81647 is $862,500 with the market action index hovering around 30. This is less than last month's market action index of 31. Inventory has increased to 22.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market has settled in at a relative stasis in inventory and sales conditions. It's a Buyer's market that has seen prices trend lower. Expect that consistent up trends in demand will be required before price trends change significantly.
Real-Time Market Profile
| Median List Price | $862,500 | |
| Median Price of New Listings | $0 | |
| Per Square Foot | $400 | |
| Average Days on Market | 135 | |
| Median Days on Market | 91 | |
| Price Decreased | 59% | |
| Price Increased | 5% | |
| Relisted | 5% | |
| Inventory | 22 | |
| Median Rent | ||
| Market Action | 30 | |
| Slight Seller's Advantage | ||
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $1,460,000 | 4,037 | 8,000 - 10,000 sqft | 4 | 3.5 | 4 | 0 | 0 | 371 |
| $1,100,000 | 2,497 | 8,000 - 10,000 sqft | 4 | 3 | 18 | 0 | 0 | 42 |
| $735,000 | 1,884 | 8,000 - 10,000 sqft | 3 | 2 | 21 | 0 | 2 | 91 |
| $489,500 | 1,095 | 0 - 4,500 sqft | 2 | 2 | 27 | 0 | 1 | 59 |