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Newcastle, OK

Full City Profile · Oklahoma · Cleveland County County

3.7 /5.0
B+ Good
12,238 Population 204/sq mi density
$97,315 Median Income $46,949 per capita
$255,100 Home Value $286,226 Zillow
$1,020 Median Rent 28.8% income on rent
61°F Avg Temperature 320 sunny days/yr
75 Violent Crime/100K 2,179 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$97,315 median income, 2.3% unemployment
A+
Affordability
5.0 / 5.0
$255,100 home value, $1,020/mo rent
F
Safety
1.0 / 5.0
75 violent crimes/100K
B+
Education
3.8 / 5.0
34.6% bachelor's degree or higher

Housing Overview

Median Home Value
$255,100
10% below
US avg: $281,900
Median Rent
$1,020/mo
12% below
US avg: $1,163/mo
Homeownership Rate
82.4%
26% above US avg (65.4%)
Total Housing Units
4,659
Median year built: 2000

Home Value by Source

Census Median
$255,100
Zillow (ZHVI)
$286,226
Median Sale Price
$314,950
Median List Price
$299,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.4%
Owner-Occupied
17.6%
Renter-Occupied
82%
18%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$744/mo
1 Bedroom
$791/mo
2 Bedroom
$995/mo
3 Bedroom
$1,297/mo
4 Bedroom
$1,501/mo
Census median rent: $1,020/mo · Zillow rent: $1,628/mo

Market Indicators (Redfin)

Median Days on Market
79 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
26
Price Drops
12.1%
of listings with price reduction
Price Per Sq Ft
$167
Active Inventory
141
homes for sale

Affordability & Housing Stock

Rent Burden
28.8%
of renters spending 30%+ of income on housing
7% below US avg (31.0%)
Median Year Built
2000
Average age of housing stock: 26 years
Homeownership Rate
82.4%

Complete Housing Data

Home Values

Census Median Value$255,100
Zillow Home Value (ZHVI)$286,226
Median Sale Price$314,950
Median List Price$299,000
Price Per Sq Ft$167

Rent

Census Median Rent$1,020
Zillow Rent (ZORI)$1,628
FMR Studio$744
FMR 1-Bedroom$791
FMR 2-Bedroom$995
FMR 3-Bedroom$1,297
FMR 4-Bedroom$1,501

Market

Days on Market79
Sale-to-List Ratio1.0%
Price Drops12.1%
Homes Sold26
Active Inventory141
Price Per Sq Ft$167

Ownership & Stock

Owner-Occupied82.4%
Renter-Occupied17.6%
Homeownership Rate82.4%
Total Housing Units4,659
Median Year Built2000
Rent Burden28.8%