Is Northeast Brazos, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Brazos is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Northeast Brazos was a Seller's Market.

Key Takeaway

Northeast Brazos is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Northeast Brazos, TX

How much do homes in Northeast Brazos, TX cost?

Median Sold Price

$340,000

$182/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

-$185,000(-35.2%)

Key Takeaway

Homes in Northeast Brazos have sold for 35.2% less than they did a month ago.

Summary: The median home sold price in Northeast Brazos was $340,000 in October 2024, down 35.2% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $402.5K$372.5K
-7.5%
4 $560K$340K
-39.3%
5+ --
N/A

Summary: Northeast Brazos housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 7.5%, 4 bedroom homes decreased by 39.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

North Zulch
+87.2%
Northeast Brazos
-35.2%

Housing Supply in Northeast Brazos, TX

How many homes are available in Northeast Brazos, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5149-3.9%

Summary: The Northeast Brazos real estate market had 49 homes for sale in October 2024, a 3.9% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1316
+23.1%
4 3529
-17.1%
5+ 22
0.0%

Summary: The Northeast Brazos 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 increased by 100%, 3 bedroom homes increased by 23.1%, 4 bedroom homes decreased by 17.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
107-30.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Brazos, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Northeast Brazos in October 2024, down by 30.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% were sold over asking.

Days on Market for Northeast Brazos, TX

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

Average Sale Time

Sep 2024Oct 2024CHANGE
91 Days69 Days-23.8%

Summary: Homes in Northeast Brazos had an average of 69 days on market in Oct 2024, down by 23.8% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Northeast Brazos has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Northeast Brazos; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% 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 20 Days Ago

Newest Listings in Northeast Brazos, TX

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