Is Castle Hills, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castle Hills is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Castle Hills has remained a Seller's Market.

Key Takeaway

Castle Hills is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Castle Hills, TX

How much do homes in Castle Hills, TX cost?

Median Sold Price

$445,000

$195/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$2,500(-0.6%)

Key Takeaway

Homes in Castle Hills have sold for 0.6% less than they did a year ago.

Summary: The median home sold price in Castle Hills was $445,000 in April 2024, down 0.6% from last year, and the median price per square foot was $195.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $435K$285.4K
-34.4%
3 $387.5K$417.5K
+7.7%
4 $463.5K$485K
+4.6%
5+ $850K$545K
-35.9%

Summary: Castle Hills 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 decreased by 34.4%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 35.9%.

Median Sold Price Compared To Nearby Cities

San Antonio
+3.3%
San Antonio North
+1.5%
San Antonio Central
-0.1%
Castle Hills
-0.6%

Housing Supply in Castle Hills, TX

How many homes are available in Castle Hills, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
2628+7.7%

Summary: The Castle Hills real estate market had 28 homes for sale in April 2024, a 7.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1513
-13.3%
4 710
+42.9%
5+ 34
+33.3%

Summary: The Castle Hills 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 remained the same, 3 bedroom homes decreased by 13.3%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
56+20.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castle Hills, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Castle Hills in April 2024, up by 20.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.

Days on Market for Castle Hills, TX

How long does it take to sell a home in Castle Hills, TX?

Average Sale Time

Apr 2023Apr 2024CHANGE
132 Days152 Days+15.4%

Summary: Homes in Castle Hills had an average of 152 days on market in Apr 2024, up by 15.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 6 homes were sold in Castle Hills; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% 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 9 Days Ago

Newest Listings in Castle Hills, TX

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