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 October 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

$259,975

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$3,325(-1.3%)

Key Takeaway

Homes in Brazosport have sold for 1.3% less than they did a year ago.

Summary: The median home sold price in Brazosport was $259,975 in October 2024, down 1.3% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $81K$175K
+116.0%
2 $192.1K$225K
+17.1%
3 $246K$238.3K
-3.1%
4 $340K$342.2K
+0.7%
5+ $307.7K$430K
+39.7%

Summary: Brazosport housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 116%, 2 bedroom homes increased by 17.1%, 3 bedroom homes decreased by 3.1%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 39.7%.

Median Sold Price Compared To Nearby Cities

Richwood
+2.9%
Lake Jackson
+2.4%
Clute
0.0%
Brazosport
-1.3%

Housing Supply in Brazosport, TX

How many homes are available in Brazosport, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
415460+10.8%

Summary: The Brazosport real estate market had 460 homes for sale in October 2024, a 10.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 47
+75.0%
2 4048
+20.0%
3 232257
+10.8%
4 119125
+5.0%
5+ 2023
+15.0%

Summary: The Brazosport housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 75%, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 10.8%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 15%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5558+5.5%

Asking Price vs. Sold Price

39 Homes Were Sold
Under Asking

13 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. 67.2% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Brazosport in October 2024, up by 5.5% month-over-month. Of the 58 sold homes, 67% were sold under asking, 22% were sold at asking, and 10% 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

Oct 2023Oct 2024CHANGE
83 Days76 Days-8.4%

Summary: Homes in Brazosport had an average of 76 days on market in Oct 2024, down by 8.4% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

20 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 October 2024, 58 homes were sold in Brazosport; 45% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 34% 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 20 Days Ago

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