Is Brazos County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Brazos County has remained a Seller's Market.
Housing Prices in Brazos County, TX
How much do homes in Brazos County, TX cost?
Median Sold Price
$317,147
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Brazos County was $317,147 in May 2024, down 2.4% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $232.5K | $137K | -41.1% |
2 Bedrooms | $177K | $210.8K | +19.1% |
3 Bedrooms | $292.6K | $280.7K | -4.0% |
4 Bedrooms | $435.8K | $411.3K | -5.6% |
5+ Bedrooms | $555.9K | $643.5K | +15.7% |
Summary: Brazos County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 41.1%, 2 bedroom homes increased by 19.1%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 5.6%, and 5+ bedroom homes increased by 15.7%.
Median Sold Price Compared To Nearby Counties
Washington County | $320K | $336.9K | +5.3% |
Grimes County | $320K | $329.9K | +3.1% |
Brazos County | $324.9K | $317.1K | -2.4% |
Burleson County | $315K | $278K | -11.7% |
Madison County | $285.7K | $249.5K | -12.7% |
Housing Supply in Brazos County, TX
How many homes are available in Brazos County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
352 | 364 | +3.4% |
Summary: The Brazos County real estate market had 364 homes for sale in May 2024, a 3.4% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 2 | 3 | +50.0% |
2 Bedrooms | 23 | 25 | +8.7% |
3 Bedrooms | 139 | 143 | +2.9% |
4 Bedrooms | 164 | 168 | +2.4% |
5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Brazos County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 8.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
75 | 66 | -12.0% |
Asking Price vs. Sold Price
44 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Brazos County in May 2024, down by 12.0% month-over-month. Of the 66 sold homes, 67% were sold under asking, 18% were sold at asking, and 15% were sold over asking.
Days on Market for Brazos County, TX
How long does it take to sell a home in Brazos County, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
53 Days | 41 Days | -21.8% |
Summary: Homes in Brazos County had an average of 41 days on market in May 2024, down by 21.8% compared to last year.
Breakdown of Home Sale Times
40 Homes Were Sold
Under 30 Days
16 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Summary: During May 2024, 66 homes were sold in Brazos County; 61% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.