Is Castalia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Castalia was a Seller's Market.
Housing Prices in Castalia, OH
How much do homes in Castalia, OH cost?
Median Sold Price
$226,000
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Castalia was $226,000 in March 2024, up 0.4% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $70K | - | N/A |
2 Bedrooms | $132.7K | $220K | +65.7% |
3 Bedrooms | $245K | $225.5K | -8.0% |
4 Bedrooms | $225K | $268.5K | +19.3% |
5+ Bedrooms | $1.7M | - | N/A |
Summary: Castalia housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 65.7%, 3 bedroom homes decreased by 8%, 4 bedroom homes increased by 19.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Margaretta Township | $184.5K | $191.5K | +3.8% |
Castalia | $225K | $226K | 0.4% |
Housing Supply in Castalia, OH
How many homes are available in Castalia, OH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
13 | 19 | +46.2% |
Summary: The Castalia real estate market had 19 homes for sale in March 2024, a 46.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 1 | +100.0% |
3 Bedrooms | 8 | 12 | +50.0% |
4 Bedrooms | 4 | 5 | +25.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Castalia housing inventory by bedroom type for March 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 50%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
0 | 3 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Castalia in March 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 0% were sold at asking, and 67% were sold over asking.
Days on Market for Castalia, OH
How long does it take to sell a home in Castalia, OH?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
92 Days | 69 Days | -24.9% |
Summary: Homes in Castalia had an average of 69 days on market in Mar 2024, down by 24.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During March 2024, 3 homes were sold in Castalia; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.