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 neutral's market

Buyer's
Market

Difference Since February 2023

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

Key Takeaway

Castroville-LaCoste 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 Castroville-LaCoste, TX

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

Median Sold Price

$412,500

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

+$42,500(+11.5%)

Key Takeaway

Homes in Castroville-LaCoste have sold for 11.5% more than they did a year ago.

Summary: The median home sold price in Castroville-LaCoste was $412,500 in February 2024, up 11.5% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 $127K-
N/A
2 $230K$313.5K
+36.3%
3 $425K$316.6K
-25.5%
4 $379.5K$540K
+42.3%
5+ $344.9K$725K
+110.2%

Summary: Castroville-LaCoste housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.3%, 3 bedroom homes decreased by 25.5%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes increased by 110.2%.

Median Sold Price Compared To Nearby Cities

Castroville
+60.8%
Castroville-LaCoste
+11.5%

Housing Supply in Castroville-LaCoste, TX

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

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
113120+6.2%

Summary: The Castroville-LaCoste real estate market had 120 homes for sale in February 2024, a 6.2% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 01
+100.0%
2 13
+200.0%
3 4853
+10.4%
4 5554
-1.8%
5+ 99
0.0%

Summary: The Castroville-LaCoste housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 200%, 3 bedroom homes increased by 10.4%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
1019+90.0%

Asking Price vs. Sold Price

15 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was 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. 78.9% of homes here sold below asking price last month.

Summary: A total of 19 homes were sold or pending in Castroville-LaCoste in February 2024, up by 90.0% month-over-month. Of the 19 sold homes, 79% were sold under asking, 16% were sold at asking, and 5% 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

Feb 2023Feb 2024CHANGE
85 Days150 Days+76.8%

Summary: Homes in Castroville-LaCoste had an average of 150 days on market in Feb 2024, up by 76.8% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

14 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 February 2024, 19 homes were sold in Castroville-LaCoste; 5% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 74% 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 28 Days Ago

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