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New Castle, Colorado Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
13
Sold (12M)
32
Median Price
$120K
Market Condition
Balanced Market

New Castle, Colorado Market Meter

Buyer'sSeller's
Balanced Market

7.8 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$120K
Avg Price/Acre
$235K
Avg Days on Market
90
Months of Supply
7.8
YoY Price Change
-32.8%
New Listings (3M)
3

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres15720
1-2 acres----
2-5 acres--210
5-10 acres---1
10-20 acres----
20-50 acres--11
50-100 acres----
100+ acres----
TOTAL151032
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres20 sold / 7 listed
2-5 acres10 sold / 3 listed
5-10 acres1 sold / 0 listed
20-50 acres1 sold / 2 listed

Median Price by Acreage

$0$210K$420K
0- 1
2- 5
5- 10
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$5.3M
Last 12 months
Active Listings
13
Current inventory
Avg Days on Market
90
Time to sell
Price Trend (YoY)
-32.8%
Year over year

New Castle, Colorado Land Market Analysis

How much is land worth in New Castle, Colorado?

The median price for land in New Castle, Colorado is currently $235K per acre. For a typical parcel, the median sale price is $120K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $92K while premium lots reached $245K.

Is now a good time to buy land in New Castle, Colorado?

New Castle, Colorado is currently a balanced market with 7.8 months of supply. Conditions favor neither buyers nor sellers significantly. Prices have decreased 32.8% year-over-year.

What is the months of supply for land in New Castle, Colorado?

New Castle, Colorado currently has 7.8 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

What is the total land for sale in New Castle, Colorado?

There are currently 13 active listings in New Castle, Colorado. 3 new listings have hit the market in the last 90 days. The median asking price is $155K.

Is now a good time to invest in land in New Castle, Colorado?

The current absorption rate in New Castle, Colorado is 12.8% (3-month basis), indicating moderate demand. With depreciating values (-32.8% YoY), buyers may find value opportunities. The top-performing broker in this market is Slifer Smith & Frampton RFV.

How long does it take to sell land in New Castle, Colorado?

Land in New Castle, Colorado typically sells within 90 days of listing. The median time on market is 53 days. Properties are moving at a moderate pace in the current balanced market.

What is the absorption rate for land in New Castle, Colorado?

The 3-month absorption rate in New Castle, Colorado is 12.8%. The 12-month rate is 20.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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