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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brownsville is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

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

Housing Prices in Brownsville, TX

How much do homes in Brownsville, TX cost?

Median Sold Price

$235,088

$149/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$9,046(+4.0%)

Key Takeaway

Homes in Brownsville have sold for 4% more than they did a year ago.

Summary: The median home sold price in Brownsville was $235,088 in December 2024, up 4% from last year, and the median price per square foot was $149.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $94.5K$85K
-10.1%
2 $120K$130.7K
+8.9%
3 $220K$232.1K
+5.5%
4 $306.3K$298K
-2.7%
5+ $277.5K$379.5K
+36.8%

Summary: Brownsville housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 10.1%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes increased by 36.8%.

Median Sold Price Compared To Nearby Cities

East Cameron
+7.1%
Brownsville
+4.0%
Los Fresnos-Laureles
-2.0%

Housing Supply in Brownsville, TX

How many homes are available in Brownsville, TX?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
558591+5.9%

Summary: The Brownsville real estate market had 591 homes for sale in December 2024, a 5.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 89
+12.5%
2 5357
+7.5%
3 307318
+3.6%
4 158173
+9.5%
5+ 3234
+6.3%

Summary: The Brownsville housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 7.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes increased by 6.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4951+4.1%

Asking Price vs. Sold Price

31 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brownsville, you may be able to get a good deal. 60.8% of homes here sold below asking price last month.

Summary: A total of 51 homes were sold or pending in Brownsville in December 2024, up by 4.1% month-over-month. Of the 51 sold homes, 61% were sold under asking, 25% were sold at asking, and 14% were sold over asking.

Days on Market for Brownsville, TX

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

Average Sale Time

Dec 2023Dec 2024CHANGE
92 Days108 Days+17.0%

Summary: Homes in Brownsville had an average of 108 days on market in Dec 2024, up by 17% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

26 Homes Were Sold
In 30 - 90 Days

23 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Brownsville has remained consistent over time.

Summary: During December 2024, 51 homes were sold in Brownsville; 4% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 45% 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 4 Days Ago

Newest Listings in Brownsville, TX

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