Castroville, CA


Highest Appreciating Castroville Neighborhoods Since 2000

Castroville, CA Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Castroville Housing Market Information

With a population of 6,829, 1,506 total housing units (homes and apartments), and a median house value of $437,907, real estate costs in Castroville are among some of the highest in the nation, although house prices here don't compare to real estate prices in the most expensive California communities.

Single-family detached homes are the single most common housing type in Castroville, accounting for 59.62% of the town's housing units. Other types of housing that are prevalent in Castroville include large apartment complexes or high rise apartments ( 20.59%), duplexes, homes converted to apartments or other small apartment buildings ( 11.52%), and a few row houses and other attached homes ( 7.84%).

People in Castroville primarily live in small (one, two or no bedroom) single-family detached homes. Castroville has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Castroville's housing was primarily built during this period, from the '40s through the '60s. A full 45.47% of the town's housing hails from this era. Other housing ages represented in Castroville include homes built between 1970-1999 ( 44.42%) and housing constructed between 2000 and later ( 8.39%). There's also some housing in Castroville built before 1939 ( 1.72%).

Castroville Home Appreciation Rates

Homes have actually lost value in Castroville over the last then years, as home values have seen a decline of 19.35% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Castroville home appreciation rates at 2.53%, which equates to an annual appreciation rate of 10.52%.

Appreciation rates are so strong in Castroville that despite a nationwide downturn in the housing market, Castroville real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Castroville appreciation rates continue to be some of the highest in America, at 20.32%, which is higher than appreciation rates in 99.89% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Castroville. Castroville appreciation rates in the latest quarter were at 2.53%, which equates to an annual appreciation rate of 10.52%.

Importantly, this makes Castroville one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to California, our data show that Castroville's latest annual appreciation rate is higher than 90% of the other cities and towns in California.

Average Home Values


Median Home Value:

Castroville, CA HOME PRICES

Value Range
> $1,613,000 1.4
$1,210,001 - $1,613,000 0.0
$806,001 - $1,210,000 4.3
$645,001 - $806,000 11.9
$484,001 - $645,000 14.7
$322,001 - $484,000 44.2
$161,001 - $322,000 16.2
$80,001 - $161,000 3.0
$0 - $80,000 4.4

Average for CA
Very High for Nation

Value Relative to Nation Value Relative to State
7.78741357084261 48.015873015873

Number Of Homes And Apartments:

Castroville Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
82.27% 3.54% 5 9
* 10 is highest

Rent & Ownership


Average Market Rent:
$1,324 / per month

Homeownership Rate

Owners 40.19
Renters 59.81
Vacant 7.72

Housing Market Details


Age of Homes

AGE OF Castroville HOMES
2000 or Newer 8.4
1970 - 1999 44.4
1940 - 1969 45.5
1939 or Older 1.7

Types of Homes

TYPE OF Castroville HOMES
Single-Family 59.6
Townhomes 7.8
Small Apt. Buildings 11.5
Apt. Complexes 20.6
Mobile Homes 0.4
Other 0.0

Home Size

SIZE OF Castroville HOMES
No Bedroom 4.29
1 Bedroom 4.41
2 Bedrooms 41.97
3 Bedrooms 33.46
4 Bedrooms 15.50
5 or more bedrooms 0.37

Popular Neighborhoods in Castroville

Zip Codes in Castroville, CA