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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brookshire is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Brookshire has remained a Seller's Market.

Key Takeaway

Brookshire is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Brookshire, TX

How much do homes in Brookshire, TX cost?

Median Sold Price

$365,000

$165/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$5,000(-1.4%)

Key Takeaway

Homes in Brookshire have sold for 1.4% less than they did a year ago.

Summary: The median home sold price in Brookshire was $365,000 in October 2024, down 1.4% from last year, and the median price per square foot was $165.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$637.5K
N/A
2 $410K$260K
-36.6%
3 $322.5K$300K
-7.0%
4 $389.5K$410.9K
+5.5%
5+ $460.4K$580K
+26.0%

Summary: Brookshire housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 36.6%, 3 bedroom homes decreased by 7%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 26%.

Housing Supply in Brookshire, TX

How many homes are available in Brookshire, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
104123+18.3%

Summary: The Brookshire real estate market had 123 homes for sale in October 2024, a 18.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 3041
+36.7%
4 5360
+13.2%
5+ 1818
0.0%

Summary: The Brookshire 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 33.3%, 3 bedroom homes increased by 36.7%, 4 bedroom homes increased by 13.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1123+109.1%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brookshire, you may be able to get a good deal. 69.6% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Brookshire in October 2024, up by 109.1% month-over-month. Of the 23 sold homes, 70% were sold under asking, 9% were sold at asking, and 22% were sold over asking.

Days on Market for Brookshire, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
38 Days40 Days+4.7%

Summary: Homes in Brookshire had an average of 40 days on market in Oct 2024, up by 4.7% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 23 homes were sold in Brookshire; 52% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 17% 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

Newest Listings in Brookshire, TX

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