Is Castalia, OH 44824 a buyer’s or seller’s market?
Castalia is a balanced market. With about 5.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Castalia housing market right now
In the three months ending August 31, 2026, 50% of homes in Castalia, OH 44824 sold above their list price, the typical home went under contract in 48 days and there were 5.2 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking rose from 10%, homes sold faster (65 days then) and the median sale price fell 4% to $254,890. Overall, Castalia is more competitive than a year ago, so tougher for buyers.
Within Erie County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county.
Nearby, buyers who want less competition could look at Kelleys Island 43438 (0% sold over asking) or Huron 44839 (29% sold over asking).
Run the numbers for 44824
Nearby markets
Berlin Heights 44814Seller’s market $143 /sq ftHuron 44839Seller’s market $184 /sq ftKelleys Island 43438Balanced $427 /sq ftMilan 44846Seller’s market $180 /sq ft Browse all markets →Towns like Castalia nearby
Find towns like Castalia in other states →Where Castalia is
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Questions about Castalia real estate
Is Castalia a buyer’s or seller’s market?
A balanced market: there were 5.2 months of supply in Castalia, OH 44824 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Castalia?
The typical home went under contract in 48 days in the latest three months.
Do homes in Castalia sell over asking?
50% of homes sold above their original list price, and the typical sale closed at 101.1% of the list price.
What are property taxes in Castalia?
About 1.22% of a home’s value a year in Erie County, or roughly $4,880 on a $400,000 home.
What is the median home price in Castalia?
The median sale price was $254,890 in the three months ending August 31, 2026, about $177 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology