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New Castle, VA
Full City Profile · Virginia · Craig County County
2.7
/5.0
C+
Fair
124
Population
729/sq mi density
$283,300
Home Value
$196,547 Zillow
$820
Median Rent
28.8% income on rent
52°F
Avg Temperature
305 sunny days/yr
114
Violent Crime/100K
1,967 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
F
Safety
1.0 / 5.0
114 violent crimes/100K
A
Education
4.3 / 5.0
41.7% bachelor's degree or higher
Housing Overview
Median Home Value
$283,300
0% below
US avg: $281,900
Median Rent
$820/mo
29% below
US avg: $1,163/mo
Homeownership Rate
47.8%
27% below US avg (65.4%)
Total Housing Units
101
Median year built: 1983
Home Value by Source
Census Median
$283,300
Zillow (ZHVI)
$196,547
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
47.8%
Owner-Occupied
52.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent:
$820/mo
Affordability & Housing Stock
Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
1983
Average age of housing stock: 43 years
Homeownership Rate
47.8%
Complete Housing Data
Home Values
| Census Median Value | $283,300 |
| Zillow Home Value (ZHVI) | $196,547 |
Rent
| Census Median Rent | $820 |
| FMR Studio | $1,137 |
| FMR 1-Bedroom | $1,181 |
| FMR 2-Bedroom | $1,369 |
| FMR 3-Bedroom | $1,787 |
| FMR 4-Bedroom | $2,126 |
Market
Ownership & Stock
| Owner-Occupied | 47.8% |
| Renter-Occupied | 52.2% |
| Homeownership Rate | 47.8% |
| Total Housing Units | 101 |
| Median Year Built | 1983 |
| Rent Burden | 28.8% |