Analytics built by: Location, Inc.
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With 2,437 people, 879 houses or apartments, and a median cost of homes of $458,156, Castle Rock real estate prices are well above average cost compared to national prices.
Single-family detached homes are the single most common housing type in Castle Rock, accounting for 73.10% of the city's housing units. Other types of housing that are prevalent in Castle Rock include large apartment complexes or high rise apartments ( 11.79%), duplexes, homes converted to apartments or other small apartment buildings ( 9.65%), and a few mobile homes or trailers ( 5.47%).
The most prevalent building size and type in Castle Rock are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 62.00% owning and 38.00% renting.
There is a lot of housing in Castle Rock built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Castle Rock built between 1940-1969 ( 26.90%). A lesser amount of the housing stock also hails from before 1939 ( 19.94%). There's also some housing in Castle Rock built between 2000 and later ( 15.11%).
Appreciation rates for homes in Castle Rock have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 115.90%, which ranks in the top 30% nationwide. This equates to an annual average Castle Rock house appreciation rate of 8.00%.
Over the last year, Castle Rock appreciation rates have trailed the rest of the nation. In the last twelve months, Castle Rock's appreciation rate has been 0.81%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Castle Rock were at -2.67%, which equates to an annual appreciation rate of -10.25%.
Notably, Castle Rock's appreciation rate in the latest quarter is one of the lowest in America.
Relative to Washington, our data show that Castle Rock's latest annual appreciation rate is lower than 90% of the other cities and towns in Washington.
$458,156
for Washington
for nation
879
$1,978 / per month