Is Grimes County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Grimes County is a buyer's market

Buyer's
Market

Difference Since November 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

$270,582

$169/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$24,417(-8.3%)

Key Takeaway

Homes in Grimes County have sold for 8.3% less than they did a year ago.

Summary: The median home sold price in Grimes County was $270,582 in November 2024, down 8.3% from last year, and the median price per square foot was $169.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $222K$149K
-32.9%
2 $204.7K$304.5K
+48.7%
3 $292.5K$255K
-12.8%
4 $310K$283.9K
-8.4%
5+ $1.0M$762K
-26.7%

Summary: Grimes County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32.9%, 2 bedroom homes increased by 48.7%, 3 bedroom homes decreased by 12.8%, 4 bedroom homes decreased by 8.4%, and 5+ bedroom homes decreased by 26.7%.

Median Sold Price Compared To Nearby Counties

Brazos County
+5.9%
Walker County
+2.0%
Washington County
0.1%
Grimes County
-8.3%

Housing Supply in Grimes County, TX

How many homes are available in Grimes County, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1691690.0%

Summary: The Grimes County real estate market had 169 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1417
+21.4%
3 8884
-4.5%
4 5254
+3.8%
5+ 1313
0.0%

Summary: The Grimes County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2122+4.8%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Grimes County, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in Grimes County in November 2024, up by 4.8% month-over-month. Of the 21 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
45 Days53 Days+17.5%

Summary: Homes in Grimes County had an average of 53 days on market in Nov 2024, up by 17.5% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Grimes County has remained consistent over time.

Summary: During November 2024, 22 homes were sold in Grimes County; 27% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 14% 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 23 Days Ago

Newest Listings in Grimes County, TX

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