Is Castile, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castile is a seller's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in Castile, NY

How much do homes in Castile, NY cost?

Median Sold Price

$112,500

$107/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$36,250(-24.4%)

Key Takeaway

Homes in Castile have sold for 24.4% less than they did a year ago.

Summary: The median home sold price in Castile was $112,500 in October 2024, down 24.4% from last year, and the median price per square foot was $107.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $58K-
N/A
2 $150K$102.5K
-31.7%
3 $131K$181.2K
+38.4%
4 $190K$180K
-5.3%
5+ $190K$105K
-44.7%

Summary: Castile housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 31.7%, 3 bedroom homes increased by 38.4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes decreased by 44.7%.

Housing Supply in Castile, NY

How many homes are available in Castile, NY?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
85-37.5%

Summary: The Castile real estate market had 5 homes for sale in October 2024, a 37.5% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 01
+100.0%
3 32
-33.3%
4 20
-100.0%
5+ 21
-50.0%

Summary: The Castile housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 33.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castile, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Castile in October 2024, the same as the previous month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Castile, NY

How long does it take to sell a home in Castile, NY?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days8 Days-78.1%

Summary: Homes in Castile had an average of 8 days on market in Oct 2024, down by 78.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 1 homes were sold in Castile; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in Castile, NY

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