Is Brazoria, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Brazoria is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Brazoria was a Buyer's Market.

Key Takeaway

Brazoria 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 Brazoria, TX

How much do homes in Brazoria, TX cost?

Median Sold Price

$212,500

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$12,600(+6.3%)

Key Takeaway

Homes in Brazoria have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in Brazoria was $212,500 in April 2024, up 6.3% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $277K$65K
-76.5%
2 $124K$144.7K
+16.7%
3 $205K$231K
+12.7%
4 $385K$305K
-20.8%
5+ $460K$290K
-37.0%

Summary: Brazoria housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 76.5%, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 12.7%, 4 bedroom homes decreased by 20.8%, and 5+ bedroom homes decreased by 37%.

Median Sold Price Compared To Nearby Cities

Brazoria
+6.3%
Brazoria-West Columbia
0.3%

Housing Supply in Brazoria, TX

How many homes are available in Brazoria, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5673+30.4%

Summary: The Brazoria real estate market had 73 homes for sale in April 2024, a 30.4% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 1418
+28.6%
3 2833
+17.9%
4 711
+57.1%
5+ 610
+66.7%

Summary: The Brazoria housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 57.1%, and 5+ bedroom homes increased by 66.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
611+83.3%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Brazoria, you may be able to get a good deal. 72.7% of homes here sold below asking price last month.

Summary: A total of 11 homes were sold or pending in Brazoria in April 2024, up by 83.3% month-over-month. Of the 11 sold homes, 73% were sold under asking, 9% were sold at asking, and 18% were sold over asking.

Days on Market for Brazoria, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
14 Days72 Days+414.3%

Summary: Homes in Brazoria had an average of 72 days on market in Apr 2024, up by 414.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 11 homes were sold in Brazoria; 45% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 36% 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 7 Days Ago

Newest Listings in Brazoria, TX

Nearby Markets to Brazoria, TX

What housing markets are near Brazoria, TX?