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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Freeport is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Freeport, TX

How much do homes in Freeport, TX cost?

Median Sold Price

$290,000

$202/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since November 2023.

Key Takeaway

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

Summary: The median home sold price in Freeport was $290,000 in November 2024, the same as last year, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $149.9K$175K
+16.7%
2 $255K$292K
+14.5%
3 $339K$260K
-23.3%
4 $375K$342.5K
-8.7%
5+ $732K$510K
-30.3%

Summary: Freeport housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 14.5%, 3 bedroom homes decreased by 23.3%, 4 bedroom homes decreased by 8.7%, and 5+ bedroom homes decreased by 30.3%.

Median Sold Price Compared To Nearby Cities

Lake Jackson
+1.9%
Freeport
0.0%
Brazosport
-0.2%

Housing Supply in Freeport, TX

How many homes are available in Freeport, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
222237+6.8%

Summary: The Freeport real estate market had 237 homes for sale in November 2024, a 6.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 55
0.0%
2 3539
+11.4%
3 114118
+3.5%
4 5157
+11.8%
5+ 1718
+5.9%

Summary: The Freeport 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 11.4%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 5.9%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2217-22.7%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Freeport, you may be able to get a good deal. 76.5% of homes here sold below asking price last month.

Summary: A total of 17 homes were sold or pending in Freeport in November 2024, down by 22.7% month-over-month. Of the 17 sold homes, 76% were sold under asking, 18% were sold at asking, and 6% were sold over asking.

Days on Market for Freeport, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
43 Days68 Days+57.0%

Summary: Homes in Freeport had an average of 68 days on market in Nov 2024, up by 57% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 17 homes were sold in Freeport; 41% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 35% 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 17 Days Ago

Newest Listings in Freeport, TX

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