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 Last Month

Since last month, Castroville has remained a Buyer's 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

$344,066

$190/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$145,883(-29.8%)

Key Takeaway

Homes in Castroville have sold for 29.8% less than they did a month ago.

Summary: The median home sold price in Castroville was $344,066 in October 2024, down 29.8% from last month, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 -$325K
N/A
2 -$176K
N/A
3 $464.6K$345K
-25.8%
4 $564.5K$449.2K
-20.4%
5+ --
N/A

Summary: Castroville housing prices by bedroom type for October 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 25.8%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes did not change.

Housing Supply in Castroville, TX

How many homes are available in Castroville, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7284+16.7%

Summary: The Castroville real estate market had 84 homes for sale in October 2024, a 16.7% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 67
+16.7%
3 2020
0.0%
4 3848
+26.3%
5+ 78
+14.3%

Summary: The Castroville 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 16.7%, 3 bedroom homes remained the same, 4 bedroom homes increased by 26.3%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
48+100.0%

Asking Price vs. Sold Price

6 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. 75% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in Castroville in October 2024, up by 100.0% month-over-month. Of the 8 sold homes, 75% were sold under asking, 13% were sold at asking, and 13% 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

Sep 2024Oct 2024CHANGE
108 Days98 Days-9.3%

Summary: Homes in Castroville had an average of 98 days on market in Oct 2024, down by 9.3% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Castroville has remained consistent over time.

Summary: During October 2024, 8 homes were sold in Castroville; 25% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 38% 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 16 Days Ago

Newest Listings in Castroville, TX

Nearby Markets to Castroville, TX

What housing markets are near Castroville, TX?