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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing South Brazos is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

South 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 South Brazos, TX

How much do homes in South Brazos, TX cost?

Median Sold Price

$358,476

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$22,476(+6.7%)

Key Takeaway

Homes in South Brazos have sold for 6.7% more than they did a year ago.

Summary: The median home sold price in South Brazos was $358,476 in November 2024, up 6.7% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$124.9K
N/A
2 $270K$271.2K
0.5%
3 $301.7K$307.8K
+2.0%
4 $512.5K$410K
-20.0%
5+ $532.9K$780K
+46.3%

Summary: South 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 0.5%, 3 bedroom homes increased by 2%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 46.3%.

Median Sold Price Compared To Nearby Cities

Anderson-Bedias
+22.3%
South Brazos
+6.7%
College Station
+4.7%
Navasota
-2.9%

Housing Supply in South Brazos, TX

How many homes are available in South Brazos, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
136137+0.7%

Summary: The South Brazos real estate market had 137 homes for sale in November 2024, a 0.7% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 23
+50.0%
3 5454
0.0%
4 6863
-7.4%
5+ 1116
+45.5%

Summary: The South 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 increased by 50%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 7.4%, and 5+ bedroom homes increased by 45.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2622-15.4%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in South Brazos, you may be able to get a good deal. 45.5% of homes here sold below asking price last month.

Summary: A total of 22 homes were sold or pending in South Brazos in November 2024, down by 15.4% month-over-month. Of the 22 sold homes, 45% were sold under asking, 23% were sold at asking, and 32% were sold over asking.

Days on Market for South Brazos, TX

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

Average Sale Time

Nov 2023Nov 2024CHANGE
48 Days59 Days+21.6%

Summary: Homes in South Brazos had an average of 59 days on market in Nov 2024, up by 21.6% compared to last year.

Breakdown of Home Sale Times

13 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 22 homes were sold in South Brazos; 59% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 18% 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

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