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Castalia

Learn about the people, housing, costs and businesses in Castalia, Iowa

Median Home$272,300
Median Rent$783/month
Population141
Leading IndustriesTransportation · Retail · Construction5% transportation
Home Value Growth⬆⬆⬆+23.0% over 2 years
Retirees24% of residentsslightly above average
Homeowners88% of occupied units
NotableHigh Incomes$94k/year · top 21% nationally
Castalia
IA

Frequently Asked Questions

What are today's mortgage rates in Castalia?

As of today, the 30-year fixed mortgage rate for Castalia is approximately 6.978% (7.020% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Castalia?

The median home value in Castalia is $272k. The median monthly rent is $783. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Castalia?

Home values in Castalia have increased 23.0% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Castalia?

Based on a typical all-in ownership cost of $1,035/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Castalia is $94k/year.

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What industries drive the economy in Castalia?

The largest employment sectors in Castalia are public administration (23%) and retail (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.