Is Brazoria, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brazoria is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Brazoria was a Seller's Market.

Key Takeaway

Brazoria is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Brazoria, TX

How much do homes in Brazoria, TX cost?

Median Sold Price

$241,000

$155/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,000(+6.6%)

Key Takeaway

Homes in Brazoria have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in Brazoria was $241,000 in October 2024, up 6.6% from last year, and the median price per square foot was $155.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $96K$74.7K
-22.1%
2 $130K$160K
+23.1%
3 $237.4K$239.5K
+0.9%
4 $351K$301.5K
-14.1%
5+ $267.5K$505K
+88.8%

Summary: Brazoria housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.1%, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 14.1%, and 5+ bedroom homes increased by 88.8%.

Median Sold Price Compared To Nearby Cities

Brazoria
+6.6%
Brazoria-West Columbia
+2.5%

Housing Supply in Brazoria, TX

How many homes are available in Brazoria, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7792+19.5%

Summary: The Brazoria real estate market had 92 homes for sale in October 2024, a 19.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1822
+22.2%
3 3442
+23.5%
4 1920
+5.3%
5+ 57
+40.0%

Summary: The Brazoria housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 22.2%, 3 bedroom homes increased by 23.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
57+40.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brazoria, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Brazoria in October 2024, up by 40.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 0% were sold at asking, and 29% were sold over asking.

Days on Market for Brazoria, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
16 Days68 Days+323.7%

Summary: Homes in Brazoria had an average of 68 days on market in Oct 2024, up by 323.7% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Brazoria; 43% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 43% 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 16 Days Ago

Newest Listings in Brazoria, TX

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