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. Click here to stay informed with the New Castle market!

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.

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. Click here to stay informed with the New Castle market!

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

Never miss important changes in the New Castle market.
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