Is College Station, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing College Station is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

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

Housing Prices in College Station, TX

How much do homes in College Station, TX cost?

Median Sold Price

$342,625

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$3,510(+1.0%)

Key Takeaway

Homes in College Station have sold for 1% more than they did a year ago.

Summary: The median home sold price in College Station was $342,625 in October 2024, up 1% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $137K$135K
-1.5%
2 $150K$215.8K
+43.9%
3 $298.2K$300K
+0.6%
4 $503.8K$422.4K
-16.2%
5+ $505K$775K
+53.5%

Summary: College Station housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.5%, 2 bedroom homes increased by 43.9%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 16.2%, and 5+ bedroom homes increased by 53.5%.

Median Sold Price Compared To Nearby Cities

Bryan
+8.9%
West Brazos
+1.8%
South Brazos
+1.2%
College Station
+1.0%

Housing Supply in College Station, TX

How many homes are available in College Station, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
191196+2.6%

Summary: The College Station real estate market had 196 homes for sale in October 2024, a 2.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 1313
0.0%
3 7680
+5.3%
4 8586
+1.2%
5+ 1616
0.0%

Summary: The College Station 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 remained the same, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
3027-10.0%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in College Station, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Summary: A total of 27 homes were sold or pending in College Station in October 2024, down by 10.0% month-over-month. Of the 27 sold homes, 59% were sold under asking, 37% were sold at asking, and 4% were sold over asking.

Days on Market for College Station, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
71 Days89 Days+24.6%

Summary: Homes in College Station had an average of 89 days on market in Oct 2024, up by 24.6% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in College Station are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 27 homes were sold in College Station; 30% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 37% 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

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