Is Grimes County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, Grimes County was a Seller's Market.
Housing Prices in Grimes County, TX
How much do homes in Grimes County, TX cost?
Median Sold Price
$328,800
$181/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Grimes County was $328,800 in June 2024, up 6.1% from last year, and the median price per square foot was $181.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $222K | -3.5% |
2 Bedrooms | $238K | $240.9K | +1.3% |
3 Bedrooms | $269.2K | $292.5K | +8.6% |
4 Bedrooms | $371.5K | $432.9K | +16.5% |
5+ Bedrooms | $1.0M | $750K | -27.9% |
Summary: Grimes County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes increased by 1.3%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 16.5%, and 5+ bedroom homes decreased by 27.9%.
Median Sold Price Compared To Nearby Counties
Grimes County | $310K | $328.8K | +6.1% |
Washington County | $318.4K | $328.7K | +3.2% |
Brazos County | $320K | $325K | +1.6% |
Walker County | $276K | $275.4K | -0.2% |
Madison County | $285K | $249K | -12.6% |
Housing Supply in Grimes County, TX
How many homes are available in Grimes County, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
187 | 184 | -1.6% |
Summary: The Grimes County real estate market had 184 homes for sale in June 2024, a 1.6% decrease compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 12 | 11 | -8.3% |
3 Bedrooms | 94 | 91 | -3.2% |
4 Bedrooms | 65 | 65 | 0.0% |
5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Grimes County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 8.3%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
38 | 23 | -39.5% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 23 homes were sold or pending in Grimes County in June 2024, down by 39.5% month-over-month. Of the 23 sold homes, 57% were sold under asking, 30% were sold at asking, and 13% were sold over asking.
Days on Market for Grimes County, TX
How long does it take to sell a home in Grimes County, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
58 Days | 42 Days | -27.6% |
Summary: Homes in Grimes County had an average of 42 days on market in Jun 2024, down by 27.6% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During June 2024, 23 homes were sold in Grimes County; 52% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.