Is Castle Point, MO a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castle Point is a seller's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Castle Point, MO

How much do homes in Castle Point, MO cost?

Median Sold Price

$67,250

$77/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$3,750(-5.3%)

Key Takeaway

Homes in Castle Point have sold for 5.3% less than they did a year ago.

Summary: The median home sold price in Castle Point was $67,250 in November 2024, down 5.3% from last year, and the median price per square foot was $77.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $27.2K$40K
+46.8%
3 $82.4K$70K
-15.1%
4 $135K$124K
-8.1%
5+ --
N/A

Summary: Castle Point housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.8%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 8.1%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

North County
+1.6%
Castle Point
-5.3%

Housing Supply in Castle Point, MO

How many homes are available in Castle Point, MO?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2129+38.1%

Summary: The Castle Point real estate market had 29 homes for sale in November 2024, a 38.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1522
+46.7%
4 00
0.0%
5+ 00
0.0%

Summary: The Castle Point housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 46.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castle Point, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Castle Point in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 40% were sold under asking, 60% were sold at asking, and 0% were sold over asking.

Days on Market for Castle Point, MO

How long does it take to sell a home in Castle Point, MO?

Average Sale Time

Nov 2023Nov 2024CHANGE
33 Days71 Days+114.8%

Summary: Homes in Castle Point had an average of 71 days on market in Nov 2024, up by 114.8% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Castle Point are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 5 homes were sold in Castle Point; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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 21 Days Ago

Newest Listings in Castle Point, MO

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