Is Castalia, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Castalia has remained a Seller's Market.
Key Takeaway
Castalia is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Castalia, OH
How much do homes in Castalia, OH cost?
Median Sold Price
$187,500
$132/sqft
Based on all homes sold in May 2024.
Difference Since Last Month
Key Takeaway
Homes in Castalia have sold for 6.2% less than they did a month ago.
Summary: The median home sold price in Castalia was $187,500 in May 2024, down 6.3% from last month, and the median price per square foot was $132.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $155K | - | N/A |
| 3 Bedrooms | $192.5K | $187.5K | -2.6% |
| 4 Bedrooms | $250K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Castalia housing prices by bedroom type for May 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 decreased by 2.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in Castalia, OH
How many homes are available in Castalia, OH?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 17 | 13 | -23.5% |
Summary: The Castalia real estate market had 13 homes for sale in May 2024, a 23.5% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 5 | 3 | -40.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Castalia housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 10%, 4 bedroom homes decreased by 40%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 5 | 3 | -40.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Castalia, you could pay more than the asking price. 100% of homes here sold above asking price last month.
Summary: A total of 3 homes were sold or pending in Castalia in May 2024, down by 40.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% 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
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 47 Days | 50 Days | +6.4% |
Summary: Homes in Castalia had an average of 50 days on market in May 2024, up by 6.4% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Castalia has remained consistent over time.
Summary: During May 2024, 3 homes were sold in Castalia; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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