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 2,443 people, 941 houses or apartments, and a median cost of homes of $455,716, 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 73.04% of the city's housing units. Other types of housing that are prevalent in Castle Rock include duplexes, homes converted to apartments or other small apartment buildings ( 10.26%), large apartment complexes or high rise apartments ( 9.66%), and a few mobile homes or trailers ( 7.04%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Castle Rock. Owner-occupied housing accounts for 66.63% of Castle Rock's homes, and 55.73% have either three or four bedrooms, which is average sized relative to America.
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 ( 28.37%). A lesser amount of the housing stock also hails from before 1939 ( 19.72%). There's also some housing in Castle Rock built between 2000 and later ( 12.58%).
In the last 10 years, Castle Rock has experienced some of the highest home appreciation rates of any community in the nation. Castle Rock real estate appreciated 131.83% over the last ten years, which is an average annual home appreciation rate of 8.77%, putting Castle Rock in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Castle Rock definitely has a track record of being one of the best long term real estate investments in America through the last ten years.
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 -0.74%, 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 -2.83%, which equates to an annual appreciation rate of -10.83%.
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 80% of the other cities and towns in Washington.
$455,716
for Washington
for nation
941
$1,691 / per month