Is Castle Hills, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Castle Hills was a Seller's Market.
Housing Prices in Castle Hills, TX
How much do homes in Castle Hills, TX cost?
Median Sold Price
$445,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Castle Hills was $445,000 in May 2024, down 0.6% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $285.4K | N/A |
3 Bedrooms | $387.5K | $428.5K | +10.6% |
4 Bedrooms | $477K | $452.5K | -5.1% |
5+ Bedrooms | $850K | $545K | -35.9% |
Summary: Castle Hills housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 10.6%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 35.9%.
Median Sold Price Compared To Nearby Cities
San Antonio Central | $220.7K | $227.6K | +3.1% |
San Antonio North | $424.6K | $430K | +1.3% |
Castle Hills | $447.5K | $445K | -0.6% |
San Antonio | $299.9K | $295K | -1.6% |
Housing Supply in Castle Hills, TX
How many homes are available in Castle Hills, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
27 | 24 | -11.1% |
Summary: The Castle Hills real estate market had 24 homes for sale in May 2024, a 11.1% 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 | 1 | 0.0% |
3 Bedrooms | 13 | 8 | -38.5% |
4 Bedrooms | 9 | 12 | +33.3% |
5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Castle Hills 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 remained the same, 3 bedroom homes decreased by 38.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
6 | 3 | -50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 3 homes were sold or pending in Castle Hills in May 2024, down by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Castle Hills, TX
How long does it take to sell a home in Castle Hills, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
53 Days | 152 Days | +185.7% |
Summary: Homes in Castle Hills had an average of 152 days on market in May 2024, up by 185.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 3 homes were sold in Castle Hills; 33% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.