$120,000
5.00 Acres
Land
Angelo Garcia, Listing Office: Living Houston Real Estate LLC
Is Grimes County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Grimes County was a Seller's Market.
Key Takeaway
Grimes County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Grimes County, TX
How much do homes in Grimes County, TX cost?
Median Sold Price
$287,495
$176/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$42,405(-12.9%)
Key Takeaway
Homes in Grimes County have sold for 12.9% less than they did a year ago.
Summary: The median home sold price in Grimes County was $287,495 in October 2024, down 12.9% from last year, and the median price per square foot was $176.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202K | $223.5K | +10.6% |
| 2 Bedrooms | $199.7K | $304.5K | +52.4% |
| 3 Bedrooms | $329.9K | $259.9K | -21.2% |
| 4 Bedrooms | $352K | $340K | -3.4% |
| 5+ Bedrooms | $910K | $791K | -13.1% |
Summary: Grimes County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10.6%, 2 bedroom homes increased by 52.4%, 3 bedroom homes decreased by 21.2%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes decreased by 13.1%.
Median Sold Price Compared To Nearby Counties
| Brazos County | $321.9K | $332.2K | +3.2% |
| Washington County | $315K | $324.5K | +3.0% |
| Walker County | $267.2K | $269.4K | +0.9% |
| Grimes County | $329.9K | $287.4K | -12.9% |
Housing Supply in Grimes County, TX
How many homes are available in Grimes County, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 172 | 183 | +6.4% |
Summary: The Grimes County real estate market had 183 homes for sale in October 2024, a 6.4% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 14 | 0.0% |
| 3 Bedrooms | 82 | 92 | +12.2% |
| 4 Bedrooms | 58 | 58 | 0.0% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The Grimes County 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 12.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grimes County, you may be able to get a good deal. 76.2% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Grimes County in October 2024, down by 4.5% month-over-month. Of the 21 sold homes, 76% were sold under asking, 14% were sold at asking, and 10% were sold over asking.
Days on Market for Grimes County, TX
How long does it take to sell a home in Grimes County, TX?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 58 Days | 67 Days | +15.3% |
Summary: Homes in Grimes County had an average of 67 days on market in Oct 2024, up by 15.3% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grimes County has remained consistent over time.
Summary: During October 2024, 21 homes were sold in Grimes County; 24% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 24% of homes were sold over 90 days.
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