New Castle, CO
Full City Profile · Colorado · Garfield County County
3.3
/5.0
B
Good
4,878
Population
1,951/sq mi density
$88,421
Median Income
$39,321 per capita
$488,600
Home Value
$638,030 Zillow
$1,627
Median Rent
31.4% income on rent
46°F
Avg Temperature
330 sunny days/yr
79
Violent Crime/100K
903 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,421 median income, 0.8% unemployment
B+
Affordability
3.6 / 5.0
$488,600 home value, $1,627/mo rent
F
Safety
1.0 / 5.0
79 violent crimes/100K
B+
Education
3.9 / 5.0
36.4% bachelor's degree or higher
Housing Overview
Median Home Value
$488,600
73% above
US avg: $281,900
Median Rent
$1,627/mo
40% above
US avg: $1,163/mo
Homeownership Rate
70.8%
8% above US avg (65.4%)
Total Housing Units
1,899
Median year built: 2001
Home Value by Source
Census Median
$488,600
Zillow (ZHVI)
$638,030
Median Sale Price
$770,000
Median List Price
$625,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.8%
Owner-Occupied
29.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,083/mo
1 Bedroom
$1,161/mo
2 Bedroom
$1,429/mo
3 Bedroom
$1,861/mo
4 Bedroom
$2,178/mo
Census median rent:
$1,627/mo
· Zillow rent:
$2,350/mo
Market Indicators (Redfin)
Median Days on Market
104 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
11.5%
of listings with price reduction
Price Per Sq Ft
$355
Active Inventory
26
homes for sale
Affordability & Housing Stock
Rent Burden
31.4%
of renters spending 30%+ of income on housing
1% above US avg (31.0%)
Median Year Built
2001
Average age of housing stock: 25 years
Homeownership Rate
70.8%
Complete Housing Data
Home Values
| Census Median Value | $488,600 |
| Zillow Home Value (ZHVI) | $638,030 |
| Median Sale Price | $770,000 |
| Median List Price | $625,000 |
| Price Per Sq Ft | $355 |
Rent
| Census Median Rent | $1,627 |
| Zillow Rent (ZORI) | $2,350 |
| FMR Studio | $1,083 |
| FMR 1-Bedroom | $1,161 |
| FMR 2-Bedroom | $1,429 |
| FMR 3-Bedroom | $1,861 |
| FMR 4-Bedroom | $2,178 |
Market
| Days on Market | 104 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 11.5% |
| Homes Sold | 7 |
| Active Inventory | 26 |
| Price Per Sq Ft | $355 |
Ownership & Stock
| Owner-Occupied | 70.8% |
| Renter-Occupied | 29.2% |
| Homeownership Rate | 70.8% |
| Total Housing Units | 1,899 |
| Median Year Built | 2001 |
| Rent Burden | 31.4% |
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