Is Brazoria County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Brazoria County was a Seller's Market.
Housing Prices in Brazoria County, TX
How much do homes in Brazoria County, TX cost?
Median Sold Price
$329,986
$155/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brazoria County was $329,986 in March 2024, down 0.8% from last year, and the median price per square foot was $155.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $169K | $100.5K | -40.5% |
2 Bedrooms | $228.1K | $195K | -14.5% |
3 Bedrooms | $285.2K | $285K | -0.1% |
4 Bedrooms | $385.4K | $379.6K | -1.5% |
5+ Bedrooms | $487.6K | $504.5K | +3.5% |
Summary: Brazoria County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 40.5%, 2 bedroom homes decreased by 14.5%, 3 bedroom homes decreased by 0.1%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes increased by 3.5%.
Median Sold Price Compared To Nearby Counties
Fort Bend County | $399.8K | $404.8K | +1.3% |
Harris County | $315K | $317.7K | +0.9% |
Wharton County | $218.5K | $219.9K | +0.6% |
Brazoria County | $332.5K | $329.9K | -0.8% |
Matagorda County | $239.9K | $235K | -2.1% |
Housing Supply in Brazoria County, TX
How many homes are available in Brazoria County, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
1,822 | 2,047 | +12.3% |
Summary: The Brazoria County real estate market had 2,047 homes for sale in March 2024, a 12.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 14 | +16.7% |
2 Bedrooms | 117 | 136 | +16.2% |
3 Bedrooms | 752 | 840 | +11.7% |
4 Bedrooms | 762 | 852 | +11.8% |
5+ Bedrooms | 179 | 205 | +14.5% |
Summary: The Brazoria County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 16.2%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 14.5%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
317 | 335 | +5.7% |
Asking Price vs. Sold Price
184 Homes Were Sold
Under Asking
86 Homes Were Sold
At Asking
65 Homes Were Sold
Over Asking
Summary: A total of 335 homes were sold or pending in Brazoria County in March 2024, up by 5.7% month-over-month. Of the 335 sold homes, 55% were sold under asking, 26% were sold at asking, and 19% were sold over asking.
Days on Market for Brazoria County, TX
How long does it take to sell a home in Brazoria County, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
59 Days | 53 Days | -9.4% |
Summary: Homes in Brazoria County had an average of 53 days on market in Mar 2024, down by 9.4% compared to last year.
Breakdown of Home Sale Times
180 Homes Were Sold
Under 30 Days
79 Homes Were Sold
In 30 - 90 Days
76 Homes Were Sold
Over 90 Days
Summary: During March 2024, 335 homes were sold in Brazoria County; 54% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.