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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brazosport is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Brazosport, TX

How much do homes in Brazosport, TX cost?

Median Sold Price

$259,974

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$455(-0.2%)

Key Takeaway

The sold price of homes in Brazosport has remained the same since last year.

Summary: The median home sold price in Brazosport was $259,974 in November 2024, down 0.2% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $81K$140K
+72.8%
2 $185K$227.5K
+23.0%
3 $243.7K$239.5K
-1.7%
4 $342K$341K
-0.3%
5+ $353.8K$440K
+24.3%

Summary: Brazosport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.8%, 2 bedroom homes increased by 23%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes increased by 24.3%.

Median Sold Price Compared To Nearby Cities

Clute
+2.5%
Lake Jackson
+1.9%
Brazosport
-0.2%
Richwood
-0.2%

Housing Supply in Brazosport, TX

How many homes are available in Brazosport, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
432442+2.3%

Summary: The Brazosport real estate market had 442 homes for sale in November 2024, a 2.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 66
0.0%
2 4648
+4.3%
3 240235
-2.1%
4 117131
+12.0%
5+ 2322
-4.3%

Summary: The Brazosport 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 increased by 4.3%, 3 bedroom homes decreased by 2.1%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 4.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6341-34.9%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brazosport, you may be able to get a good deal. 63.4% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Brazosport in November 2024, down by 34.9% month-over-month. Of the 41 sold homes, 63% were sold under asking, 22% were sold at asking, and 15% were sold over asking.

Days on Market for Brazosport, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
45 Days64 Days+41.7%

Summary: Homes in Brazosport had an average of 64 days on market in Nov 2024, up by 41.7% compared to last year.

Breakdown of Home Sale Times

19 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 41 homes were sold in Brazosport; 46% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 24% 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 21 Days Ago

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