Is Castalia, NC a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castalia is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Castalia was a Seller's Market.

Key Takeaway

Castalia is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Castalia, NC

How much do homes in Castalia, NC cost?

Median Sold Price

$475,000

$273/sqft

Based on all homes sold in February 2024.

Difference Since Last Month

+$345,000(+265.4%)

Key Takeaway

Homes in Castalia have sold for 265.4% more than they did a month ago.

Summary: The median home sold price in Castalia was $475,000 in February 2024, up 265.4% from last month, and the median price per square foot was $273.

Median Sold Price By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 --
N/A
2 --
N/A
3 $130K$475K
+265.4%
4 --
N/A
5+ --
N/A

Summary: Castalia housing prices by bedroom type for February 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 265.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Castalia
+265.4%
Castalia Township
+265.4%

Housing Supply in Castalia, NC

How many homes are available in Castalia, NC?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
56+20.0%

Summary: The Castalia real estate market had 6 homes for sale in February 2024, a 20.0% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 11
0.0%
3 45
+25.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Castalia housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castalia, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Castalia in February 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Castalia, NC

How long does it take to sell a home in Castalia, NC?

Average Sale Time

Jan 2024Feb 2024CHANGE
68 Days96 Days+41.2%

Summary: Homes in Castalia had an average of 96 days on market in Feb 2024, up by 41.2% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During February 2024, 1 homes were sold in Castalia; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 27 Days Ago

Newest Listings in Castalia, NC

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