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 buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Northeast Brazos was a Neutral Market.

Key Takeaway

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

Housing Prices in Northeast Brazos, TX

How much do homes in Northeast Brazos, TX cost?

Median Sold Price

$500,000

$205/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,000(+10.4%)

Key Takeaway

Homes in Northeast Brazos have sold for 10.4% more than they did a year ago.

Summary: The median home sold price in Northeast Brazos was $500,000 in November 2024, up 10.4% from last year, and the median price per square foot was $205.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $637.5K$770K
+20.8%
3 $401.5K$377.7K
-5.9%
4 $518.5K$564.4K
+8.9%
5+ $572K$599K
+4.7%

Summary: Northeast Brazos housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 20.8%, 3 bedroom homes decreased by 5.9%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 4.7%.

Median Sold Price Compared To Nearby Cities

Northeast Brazos
+10.4%
Bryan
+6.0%

Housing Supply in Northeast Brazos, TX

How many homes are available in Northeast Brazos, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
4448+9.1%

Summary: The Northeast Brazos real estate market had 48 homes for sale in November 2024, a 9.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1319
+46.2%
4 2724
-11.1%
5+ 34
+33.3%

Summary: The Northeast Brazos 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 remained the same, 3 bedroom homes increased by 46.2%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
73-57.1%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

1 Home Was 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. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Northeast Brazos in November 2024, down by 57.1% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% 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

Nov 2023Nov 2024CHANGE
75 Days65 Days-12.9%

Summary: Homes in Northeast Brazos had an average of 65 days on market in Nov 2024, down by 12.9% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 3 homes were sold in Northeast Brazos; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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 21 Days Ago

Newest Listings in Northeast Brazos, TX

Nearby Markets to Northeast Brazos, TX

What housing markets are near Northeast Brazos, TX?