Is Brazosport, 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, Brazosport was a Seller's Market.
Housing Prices in Brazosport, TX
How much do homes in Brazosport, TX cost?
Median Sold Price
$259,344
$151/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Brazosport was $259,344 in March 2024, down 5.7% from last year, and the median price per square foot was $151.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $217.8K | $91K | -58.2% |
2 Bedrooms | $252.5K | $168.2K | -33.4% |
3 Bedrooms | $245K | $240.4K | -1.9% |
4 Bedrooms | $329.9K | $342K | +3.7% |
5+ Bedrooms | $398.9K | $401K | 0.5% |
Summary: Brazosport housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.2%, 2 bedroom homes decreased by 33.4%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 0.5%.
Median Sold Price Compared To Nearby Cities
Clute | $242.5K | $280K | +15.5% |
Lake Jackson | $273.7K | $259.2K | -5.3% |
Brazosport | $274.9K | $259.3K | -5.7% |
Richwood | $269.9K | $247.5K | -8.3% |
Housing Supply in Brazosport, TX
How many homes are available in Brazosport, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
421 | 483 | +14.7% |
Summary: The Brazosport real estate market had 483 homes for sale in March 2024, a 14.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 3 | -25.0% |
2 Bedrooms | 59 | 69 | +16.9% |
3 Bedrooms | 220 | 254 | +15.5% |
4 Bedrooms | 113 | 132 | +16.8% |
5+ Bedrooms | 25 | 25 | 0.0% |
Summary: The Brazosport housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 16.9%, 3 bedroom homes increased by 15.5%, 4 bedroom homes increased by 16.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
48 | 59 | +22.9% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Brazosport in March 2024, up by 22.9% month-over-month. Of the 59 sold homes, 61% were sold under asking, 22% were sold at asking, and 17% were sold over asking.
Days on Market for Brazosport, TX
How long does it take to sell a home in Brazosport, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 70 Days | +21.6% |
Summary: Homes in Brazosport had an average of 70 days on market in Mar 2024, up by 21.6% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During March 2024, 59 homes were sold in Brazosport; 42% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.