Castle Rock Real Estate
Castle Rock, Colorado is a growing community located just south of Denver, with a population of approximately 70,000 residents. With its close proximity to the Rocky Mountains and a thriving local economy, it’s no wonder that Castle Rock has become a popular destination for both tourists and homebuyers alike. In this article, we’ll take a closer look at the real estate market in Castle Rock, Colorado.
Housing Market Overview
The real estate market in Castle Rock, Colorado is strong and continues to grow. According to Zillow, the median home value in Castle Rock is approximately $633,000, with an average price per square foot of $222. Over the past year, home values have increased by 11.8% and are projected to continue to rise by an additional 5.2% over the next year. Homes in Castle Rock typically sell within 22 days, indicating a highly competitive market.
Types of Homes Available
Castle Rock offers a variety of housing options to suit different lifestyles and preferences. The city has a mix of both new and older homes, with many new construction projects underway. Single-family homes are the most common type of housing in Castle Rock, with a range of styles and sizes available. There are also a variety of townhomes and condos available, which offer lower-maintenance living options for those looking for a more urban lifestyle.
Neighborhoods
Castle Rock is a relatively large city, and there are many different neighborhoods to choose from. Some of the most popular neighborhoods in Castle Rock include:
- The Meadows: The Meadows is a master-planned community with a mix of single-family homes, townhomes, and apartments. The community has numerous parks and open spaces, as well as an extensive trail system.
- Castle Pines North: Castle Pines North is a prestigious community located just east of Castle Rock. The neighborhood is known for its luxury homes, beautiful golf courses, and access to open space.
- Terrain: Terrain is a newer community in Castle Rock with a mix of single-family homes, townhomes, and condos. The neighborhood has a clubhouse, pool, and parks, as well as access to nearby hiking and biking trails.
- Founders Village: Founders Village is a well-established community in Castle Rock with a mix of single-family homes, townhomes, and condos. The community has several parks and playgrounds, as well as access to nearby trails.
Local Economy and Employment
Castle Rock’s local economy is strong, with a variety of industries represented. The city is home to numerous small businesses and restaurants, as well as larger employers such as Walmart, Target, and the Castle Rock Adventist Hospital. The median household income in Castle Rock is approximately $104,000, which is significantly higher than the national average. The city’s unemployment rate is also lower than the national average, making it an attractive destination for job seekers.
Education
Castle Rock is served by the Douglas County School District, which is one of the highest-rated school districts in the state. The district includes several elementary, middle, and high schools, as well as alternative education programs. Additionally, there are several private and charter schools available in the area.
Conclusion
Castle Rock, Colorado is a thriving community with a strong local economy, excellent schools, and a variety of housing options. With its proximity to Denver and the Rocky Mountains, as well as its abundant outdoor recreation opportunities, it’s no wonder that Castle Rock has become a popular destination for homebuyers. If you’re considering buying a home in Castle Rock, it’s important to work with a knowledgeable local real estate agent who can guide you through the process and help you find the perfect home for your needs.