Is Grimes 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, Grimes County was a Seller's Market.
Key Takeaway
Grimes County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Grimes County, TX
How much do homes in Grimes County, TX cost?
Median Sold Price
$381,499
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Grimes County have sold for 21.1% more than they did a year ago.
Summary: The median home sold price in Grimes County was $381,499 in March 2024, up 21.1% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $305K | $207.5K | -32.0% |
| 2 Bedrooms | $210.2K | $236K | +12.2% |
| 3 Bedrooms | $280K | $348.7K | +24.6% |
| 4 Bedrooms | $390K | $439.5K | +12.7% |
| 5+ Bedrooms | $855K | $1.0M | +18.1% |
Summary: Grimes County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 32%, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 24.6%, 4 bedroom homes increased by 12.7%, and 5+ bedroom homes increased by 18.1%.
Median Sold Price Compared To Nearby Counties
| Grimes County | $315K | $381.4K | +21.1% |
| Washington County | $318.5K | $323.5K | +1.6% |
| Brazos County | $325K | $328.8K | +1.2% |
| Walker County | $280.7K | $273.1K | -2.7% |
Housing Supply in Grimes County, TX
How many homes are available in Grimes County, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 156 | 168 | +7.7% |
Summary: The Grimes County real estate market had 168 homes for sale in March 2024, a 7.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 14 | 18 | +28.6% |
| 3 Bedrooms | 69 | 78 | +13.0% |
| 4 Bedrooms | 53 | 49 | -7.5% |
| 5+ Bedrooms | 14 | 16 | +14.3% |
Summary: The Grimes 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 28.6%, 3 bedroom homes increased by 13%, 4 bedroom homes decreased by 7.5%, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 22 | 16 | -27.3% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Grimes County, you may be able to get a good deal. 56.3% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Grimes County in March 2024, down by 27.3% month-over-month. Of the 16 sold homes, 56% were sold under asking, 44% were sold at asking, and 0% 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
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 45 Days | 66 Days | +44.3% |
Summary: Homes in Grimes County had an average of 66 days on market in Mar 2024, up by 44.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Grimes County are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in Grimes County; 50% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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