Is Brown County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brown County is a neutral's market

Buyer's
Market

Difference Since Last Month

Since last month, Brown County has remained a Neutral Market.

Key Takeaway

Brown County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Brown County, TX

How much do homes in Brown County, TX cost?

Median Sold Price

$239,950

$141/sqft

Based on all homes sold in May 2024.

Difference Since Last Month

-$747,550(-75.7%)

Key Takeaway

Homes in Brown County have sold for 75.7% less than they did a month ago.

Summary: The median home sold price in Brown County was $239,950 in May 2024, down 75.7% from last month, and the median price per square foot was $141.

Median Sold Price By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 --
N/A
2 --
N/A
3 -$239.9K
N/A
4 --
N/A
5+ $987.5K-
N/A

Summary: Brown County housing prices by bedroom type for May 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Brown County, TX

How many homes are available in Brown County, TX?

Number of Homes For Sale

Apr 2024May 2024CHANGE
208232+11.5%

Summary: The Brown County real estate market had 232 homes for sale in May 2024, a 11.5% increase compared to April 2024.

Homes For Sale By Bedroom Count

# BEDSApr 2024May 2024CHANGE
1 99
0.0%
2 3536
+2.9%
3 117135
+15.4%
4 3947
+20.5%
5+ 85
-37.5%

Summary: The Brown County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 20.5%, and 5+ bedroom homes decreased by 37.5%.

Number of Homes Sold

Apr 2024May 2024CHANGE
3235+9.4%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brown County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in Brown County in May 2024, up by 9.4% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Brown County, TX

How long does it take to sell a home in Brown County, TX?

Average Sale Time

Apr 2024May 2024CHANGE
68 Days49 Days-26.9%

Summary: Homes in Brown County had an average of 49 days on market in May 2024, down by 26.9% compared to last month.

Breakdown of Home Sale Times

18 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Brown County are selling fast, if you're buying plan to act quickly.

Summary: During May 2024, 35 homes were sold in Brown County; 51% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 1 Day Ago

Newest Listings in Brown County, TX

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