Is South Brazos, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, South Brazos was a Seller's Market.
Housing Prices in South Brazos, TX
How much do homes in South Brazos, TX cost?
Median Sold Price
$360,000
$198/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in South Brazos was $360,000 in May 2024, up 5.6% from last year, and the median price per square foot was $198.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $236.2K | $271.2K | +14.8% |
3 Bedrooms | $299.2K | $297K | -0.8% |
4 Bedrooms | $502.4K | $482.5K | -4.0% |
5+ Bedrooms | $459.4K | $700K | +52.3% |
Summary: South Brazos housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.8%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 52.3%.
Median Sold Price Compared To Nearby Cities
Anderson-Bedias | $350K | $392.4K | +12.1% |
Navasota | $236K | $260K | +10.2% |
South Brazos | $341K | $360K | +5.6% |
College Station | $327.2K | $344.2K | +5.2% |
Housing Supply in South Brazos, TX
How many homes are available in South Brazos, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
129 | 142 | +10.1% |
Summary: The South Brazos real estate market had 142 homes for sale in May 2024, a 10.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 34 | 42 | +23.5% |
4 Bedrooms | 77 | 81 | +5.2% |
5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The South Brazos housing inventory by bedroom type for May 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 23.5%, 4 bedroom homes increased by 5.2%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
23 | 22 | -4.3% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in South Brazos in May 2024, down by 4.3% month-over-month. Of the 22 sold homes, 68% were sold under asking, 23% were sold at asking, and 9% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
65 Days | 25 Days | -60.6% |
Summary: Homes in South Brazos had an average of 25 days on market in May 2024, down by 60.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 22 homes were sold in South Brazos; 73% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.