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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castroville is a buyer's market

Buyer's
Market

Difference Since March 2023

At the same time last year, Castroville was a Neutral Market.

Key Takeaway

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

Housing Prices in Castroville, TX

How much do homes in Castroville, TX cost?

Median Sold Price

$580,000

$207/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$225,000(+63.4%)

Key Takeaway

Homes in Castroville have sold for 63.4% more than they did a year ago.

Summary: The median home sold price in Castroville was $580,000 in March 2024, up 63.4% from last year, and the median price per square foot was $207.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $243.5K$442K
+81.5%
3 $335K$399.5K
+19.3%
4 $432K$674.9K
+56.2%
5+ -$740K
N/A

Summary: Castroville 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 81.5%, 3 bedroom homes increased by 19.3%, 4 bedroom homes increased by 56.2%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Castroville
+63.4%
Castroville-LaCoste
+15.8%

Housing Supply in Castroville, TX

How many homes are available in Castroville, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
6066+10.0%

Summary: The Castroville real estate market had 66 homes for sale in March 2024, a 10.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 11
0.0%
2 33
0.0%
3 2226
+18.2%
4 3033
+10.0%
5+ 43
-25.0%

Summary: The Castroville 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 remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 10%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
105-50.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castroville, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Castroville in March 2024, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and 20% were sold over asking.

Days on Market for Castroville, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
114 Days101 Days-11.3%

Summary: Homes in Castroville had an average of 101 days on market in Mar 2024, down by 11.3% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 5 homes were sold in Castroville; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% 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 30 Days Ago

Newest Listings in Castroville, TX

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