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Housing in Castle Pines · A seller's market

A typical Castle Pines home is worth about $886,000

Down 0.6% in a year, 66% above the Colorado typical home. Homes typically sell in 30 days, close to asking.

Typical home value
$886K
▼ 0.6% in a year · CO $533K
Zillow
Median sale price
$997K
May 2026 · Redfin
Days on market
30
Faster than CO (35)
Sale-to-list
99.7%
Homes sell near asking
Homes sold
31
in May · 95 for sale
2-bedroom rent
$2,280
a month, utilities in · HUD
Median tax bill
$5,269
CO $2,602

What kind of housing town is Castle Pines?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 4.6 years of income

Less than across Colorado (5.6 years). Try your own numbers below.

You could afford about
$777,000
Typical Castle Pines home $886K

That’s $108K short of a typical Castle Pines home.

The typical home, each month
$5,080
Loan $4,380Tax $430Insurance $260

A two-bedroom rents for about $2,280 a month here, $2,800 less than owning.

Where your budget reaches nearby

How Castle Pines ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Castle Pines’s typical property tax (0.59% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

New construction

117 new homes permitted in 2025

Builders were permitted 117 new homes in Castle Pines in 2025: 99 single-family houses and 18 in buildings with two or more homes, worth about $60.9 million to build. That's 8.7 per 1,000 residents, faster than across Colorado (6.9). Over the past 10 years, Castle Pines has permitted 2,454 homes in all.

Single-family2+ homes per building
0200400600800 20092010201520202025
117
new homes permitted in 2025
309
2026 so far (Jan–Aug)
8.7
per 1,000 residents · CO 6.9
2,454
homes in the past 10 years
Homes vs. people, 2010–2020
Residents+7,422
New homes+439

Between the 2010 and 2020 censuses, Castle Pines gained 7,422 residents while 439 new homes were permitted: about 17 new residents per new home. Population grew faster than building, so existing homes filled up: a sign of tight supply. Across Colorado: 2.5 new residents per new home.

How Castle Pines ranks on housing keeping up with growth →

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)30988221$93.9 million
20251179918$60.9 million
20242002000$62 million
20231521520$45.1 million
2022523309214$128.2 million
2021695585110$182.8 million
20203583580$130.5 million
20192542540$83 million
20181061060$38 million
201747470$17.9 million
2016220$1.6 million
2015110$700,000
2014110$645,000
2013110$440,000
2012770$2.6 million
20111394$3.4 million
2010716$1.4 million
2009000—

How Castle Pines ranks on new homes being built →

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

The homes

81% of Castle Pines households own their home

Half of Castle Pines’s homes were built before 2005.

Owners and renters
Own 81%Rent 19%

Colorado: 66% own.

2005
typical home built · CO 1988
$5,269
median property tax bill · CO $2,602
0.59%
of a home’s value, a year in tax · CO 0.48%

U.S. Census Bureau, American Community Survey 2020-2024.

Price trend

Up 9.3% in five years

About the same pace as Colorado (6.8%).

Castle PinesColorado
$300K$400K$500K$600K$700K$800K$900K$1M20182020202220242026
Show as a table
JanuaryCastle PinesColorado
2017$568,000$339,000
2018$595,000$366,000
2019$624,000$389,000
2020$648,000$406,000
2021$702,000$444,000
2022$856,000$523,000
2023$897,000$548,000
2024$898,000$549,000
2025$915,000$555,000
2026$893,000$542,000
August 2026$886,000$533,000
Then & now

A typical Castle Pines home worth $559K in September 2016 is worth about $886K today.

+$327K
−0.6%
past year
+9.3%
past 5 years
+58.5%
since 2016

How Castle Pines ranks on rising home prices →

Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.

Market temperature

A seller's market

Supply is tight — about 3.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.

BalancedA seller's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

3.1
months of supply · CO 4.2
30
days to sell · CO 35
99.7%
of asking price, at sale
35.5%
sold above asking
32.4%
under contract within 2 weeks
40
new listings in May

Redfin Data Center, all residential sales, May 2026.

Renting

A two-bedroom rents for about $2,280

Renters already here pay a median of $2,211.

Fair Market Rent a month, utilities included

Studio$1,790
1 bedroom$1,910
2 bedrooms$2,280
3 bedrooms$2,990
4 bedrooms$3,340
19%
of households rent · CO 34%
952
renter households
74%
of renters spend 30%+ of income on rent · CO 53%
14%
of the median income, for a two-bedroom
$2,211
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Denver-Aurora-Centennial, CO MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Castle Pines vs. its neighbors

Castle Pines is the 2nd least expensive of 3 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Castle Pines$886K−0.6%$2,280117$191,229
Castle Pines Village$1.45M*−3%†$2,280—$250,001
Castle Rock$661K−1.2%$2,330261$145,197

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

On the market in Castle Pines

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Castle Pines buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Castle Pines is a seller's market. Is that what you’re seeing?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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