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NEW CASTLE, CO 81647

Real Estate Market Report  ·  Garfield County
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The NEW CASTLE, CO real estate market (81647) currently shows 42 active listings, with 16 pending sales. Homes are averaging 80 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 80 days on market compared to 84 days last year.

The median listing price has fallen 13.9% year-over-year, from $742,500 to $639,000.

Whether you are buying or selling in NEW CASTLE, CO, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 6,528  ·  Density: 8.8/mi²  ·  Median household income: $80,874

Typical home value: $398,886  ·  Homeownership: 76.6%

Market Overview

Active Listings
42
⇧ 20% vs 35 last year
Pending
16
38% pending ratio
Median Price
$639,000
⇩ 13.9% vs $742,500 last year
Average Price
$778,031
⇩ 21.4% vs $990,436 last year
Days on Market
80
⇩ 4.8% vs 84 days last year

Price Per Square Foot

Median $/sqft
$399
⇧ 2% vs $391/sqft last year
Median Home Size
1,624 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 42 this year vs 35 last year
  • Days on market: 80 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $639,000 (-13.9% YoY)
  • Average: $778,031 (-21.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 50.5 miles — 457 listings ($1,103,713,726 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
81647New Castle, CO 816470.0 mi38$29,180,048$670,000$767,896
81601Glenwood Springs, CO 8160111.1 mi70$102,179,210$1,047,500$1,459,703
81637Gypsum, CO 8163726.7 mi122$175,613,632$786,489$1,439,456
81623Carbondale, CO 8162329.0 mi80$337,147,360$3,100,000$4,214,342
81654Snowmass, CO 8165437.2 mi15$183,364,695$9,500,000$12,224,313
81641Meeker, CO 8164139.0 mi15$9,561,345$572,000$637,423
81646Molina, CO 8164640.7 mi7$10,104,997$1,175,000$1,443,571
81428Paonia, CO 8142843.0 mi30$19,385,880$569,000$646,196
81656Woody Creek, CO 8165645.1 mi9$154,414,287$10,000,000$17,157,143
81413Cedaredge, CO 8141346.5 mi64$38,990,272$530,000$609,223
81655Wolcott, CO 8165547.1 mi5$25,150,000$4,237,500$5,030,000
80463McCoy, CO 8046349.6 mi1$17,500,000$17,500,000$17,500,000
81638Hamilton, CO 8163850.5 mi1$1,122,000$1,122,000$1,122,000

Frequently Asked Questions

How many homes are for sale in NEW CASTLE, CO 81647?

As of February 2026, there are 42 active listings in NEW CASTLE, CO (zip code 81647), compared to 35 the prior year.

What is the median home price in NEW CASTLE, CO 81647?

The median listing price in NEW CASTLE, CO 81647 is $639,000 as of February 2026, a 13.9% decrease from $742,500 the prior year.

How long do homes stay on the market in NEW CASTLE, CO?

Homes in NEW CASTLE, CO 81647 spend an average of 80 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in NEW CASTLE, CO 81647?

Based on current inventory and days-on-market data as of February 2026, NEW CASTLE, CO 81647 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 80 days on market compared to 84 days last year.

How much can I save on real estate commission in NEW CASTLE, CO?

With SELL123.com's maximum 3% commission, sellers in NEW CASTLE, CO 81647 save an estimated $12,780 compared to a typical 5% commission on the median listing price of $639,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.