Is Castroville-LaCoste, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castroville-LaCoste is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Castroville-LaCoste was a Seller's Market.

Key Takeaway

Castroville-LaCoste is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Castroville-LaCoste, TX

How much do homes in Castroville-LaCoste, TX cost?

Median Sold Price

$422,500

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$62,000(+17.2%)

Key Takeaway

Homes in Castroville-LaCoste have sold for 17.2% more than they did a year ago.

Summary: The median home sold price in Castroville-LaCoste was $422,500 in April 2024, up 17.2% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $127K-
N/A
2 $207.5K$297.5K
+43.4%
3 $425K$357.5K
-15.9%
4 $368K$515K
+39.9%
5+ $344.9K$695K
+101.5%

Summary: Castroville-LaCoste housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 43.4%, 3 bedroom homes decreased by 15.9%, 4 bedroom homes increased by 39.9%, and 5+ bedroom homes increased by 101.5%.

Median Sold Price Compared To Nearby Cities

Castroville-LaCoste
+17.2%
Mico
-8.5%

Housing Supply in Castroville-LaCoste, TX

How many homes are available in Castroville-LaCoste, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
129158+22.5%

Summary: The Castroville-LaCoste real estate market had 158 homes for sale in April 2024, a 22.5% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 36
+100.0%
3 5066
+32.0%
4 6473
+14.1%
5+ 1112
+9.1%

Summary: The Castroville-LaCoste housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 32%, 4 bedroom homes increased by 14.1%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
917+88.9%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castroville-LaCoste, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Castroville-LaCoste in April 2024, up by 88.9% month-over-month. Of the 17 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for Castroville-LaCoste, TX

How long does it take to sell a home in Castroville-LaCoste, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
76 Days86 Days+13.1%

Summary: Homes in Castroville-LaCoste had an average of 86 days on market in Apr 2024, up by 13.1% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Castroville-LaCoste are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During April 2024, 17 homes were sold in Castroville-LaCoste; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

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