$1,663 Closing Credit*
$140,000
1,572 SqFt
2 Beds
•1 Full Bath
Angela Kennedy, Listing Office: Keller Williams Realty Brazos Valley office
Is 75831, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 75831 was a Neutral Market.
Key Takeaway
75831 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 75831, TX
How much do homes in 75831, TX cost?
Median Sold Price
$350,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$84,000(+31.6%)
Key Takeaway
Homes in 75831 have sold for 31.6% more than they did a year ago.
Summary: The median home sold price in 75831 was $350,000 in November 2024, up 31.6% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $332.5K | - | N/A |
| 2 Bedrooms | $161.2K | $220K | +36.4% |
| 3 Bedrooms | $234.9K | $350K | +49.0% |
| 4 Bedrooms | $400K | $687.5K | +71.9% |
| 5+ Bedrooms | $570K | - | N/A |
Summary: 75831 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.4%, 3 bedroom homes increased by 49%, 4 bedroom homes increased by 71.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 75831 | $266K | $350K | +31.6% |
| 75860 | $217.5K | $239.5K | +10.1% |
Housing Supply in 75831, TX
How many homes are available in 75831, TX?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 21 | 22 | +4.8% |
Summary: The 75831 real estate market had 22 homes for sale in November 2024, a 4.8% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 10 | 9 | -10.0% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 75831 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 10%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 2 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 75831, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 75831 in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for 75831, TX
How long does it take to sell a home in 75831, TX?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 38 Days | 93 Days | +141.6% |
Summary: Homes in 75831 had an average of 93 days on market in Nov 2024, up by 141.6% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Most homes in 75831 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 2 homes were sold in 75831; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
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