Is Castroville-LaCoste, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Castroville-LaCoste is a buyer's market

Buyer's
Market

Difference Since May 2023

At the same time last year, Castroville-LaCoste was a Seller's Market.

Key Takeaway

Castroville-LaCoste is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Castroville-LaCoste, TX

How much do homes in Castroville-LaCoste, TX cost?

Median Sold Price

$408,525

$193/sqft

Based on all homes sold in the last 12 months.

Difference Since May 2023

+$31,280(+8.3%)

Key Takeaway

Homes in Castroville-LaCoste have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in Castroville-LaCoste was $408,525 in May 2024, up 8.3% from last year, and the median price per square foot was $193.

Median Sold Price By Bedroom Count

# BEDSMay 2023May 2024CHANGE
1 $127K$132.4K
+4.3%
2 $243.5K$297.5K
+22.2%
3 $352.5K$339K
-3.8%
4 $443.6K$508K
+14.5%
5+ $370K$695K
+87.8%

Summary: Castroville-LaCoste housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 22.2%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 14.5%, and 5+ bedroom homes increased by 87.8%.

Median Sold Price Compared To Nearby Cities

Castroville-LaCoste
+8.3%
Mico
-0.2%
Castroville
-12.0%

Housing Supply in Castroville-LaCoste, TX

How many homes are available in Castroville-LaCoste, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
156166+6.4%

Summary: The Castroville-LaCoste real estate market had 166 homes for sale in May 2024, a 6.4% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 13
+200.0%
2 67
+16.7%
3 6873
+7.4%
4 6969
0.0%
5+ 1214
+16.7%

Summary: The Castroville-LaCoste housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 7.4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 16.7%.

Number of Homes Sold

Apr 2024May 2024CHANGE
1921+10.5%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Castroville-LaCoste, expect to pay close to the asking price. 47.6% of homes here sold near the asking price last month.

Summary: A total of 21 homes were sold or pending in Castroville-LaCoste in May 2024, up by 10.5% month-over-month. Of the 21 sold homes, 43% were sold under asking, 48% were sold at asking, and 10% were sold over asking.

Days on Market for Castroville-LaCoste, TX

How long does it take to sell a home in Castroville-LaCoste, TX?

Average Sale Time

May 2023May 2024CHANGE
75 Days86 Days+14.3%

Summary: Homes in Castroville-LaCoste had an average of 86 days on market in May 2024, up by 14.3% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

9 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Castroville-LaCoste are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During May 2024, 21 homes were sold in Castroville-LaCoste; 33% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 43% 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 1 Day Ago

Newest Listings in Castroville-LaCoste, TX

Nearby Markets to Castroville-LaCoste, TX

What housing markets are near Castroville-LaCoste, TX?