Home Values

Castroville Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

The median price of homes currently listed in Castroville is $325,000. The median rent price in Castroville is $1,795, which is higher than the Salinas Metro median of $1,725.

Foreclosures will be a factor impacting home values in the next several years. In Castroville 14.7 homes are foreclosed (per 10,000). This is greater than the Salinas Metro value of 2.2 and also greater than the national value of 4.0

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Castroville is 4.0%, which is lower than the national value of 6.4%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Castroville homeowners underwater on their mortgage is 16.7%, which is higher than Salinas Metro at 16.1%.

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Relative ZHVI
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Castroville Market Overview

Data through Dec 31, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $325,000 Median listing price
  • No data Median sale price
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Castroville Market Health

Data through Jan 31, 2015
  • No recent data
  • No data Average days on Zillow
  • 16.7% Homes with negative equity (16.9% US Avg) (Sep 30, 2014)
  • 4.0% Delinquent on mortgage (6.4% US Avg) (Sep 30, 2014)

Homes foreclosed (per 10,000)

14.7 homes(Dec 31, 2014) Castroville
2.2 homes Salinas Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Pacific Grove $703,800
Aromas $500,400
Del Rey Oaks $486,100
Name Median ZHVI
San Juan Bautista $461,900
Marina $419,600
Watsonville $381,600
Name Median ZHVI
Seaside $364,100
Freedom $338,100
Salinas $315,600

Listings & Sales

Data through Dec 31, 2014
  • $315 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • No data Listings with price cut
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Castroville Rentals

Data through Jan 31, 2015
  • Zillow Rent Index

  • $1,814 Castroville
    $2,040 Salinas Metro
    $1,350 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No recent data Rent list price
  • No data Rent list price / sq ft
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