Is Northeast Brazos, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast Brazos is a buyer's market

Buyer's
Market

Difference Since March 2023

Since last year, Northeast Brazos has remained a Buyer's Market.

Key Takeaway

Northeast Brazos is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Northeast Brazos, TX

How much do homes in Northeast Brazos, TX cost?

Median Sold Price

$474,900

$209/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$39,248(+9.0%)

Key Takeaway

Homes in Northeast Brazos have sold for 9% more than they did a year ago.

Summary: The median home sold price in Northeast Brazos was $474,900 in March 2024, up 9% from last year, and the median price per square foot was $209.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $430K$845K
+96.5%
3 $370K$363K
-1.9%
4 $502K$573.5K
+14.2%
5+ $625K$599K
-4.2%

Summary: Northeast Brazos housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 96.5%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes decreased by 4.2%.

Median Sold Price Compared To Nearby Cities

Northeast Brazos
+9.0%
Bryan
+6.3%

Housing Supply in Northeast Brazos, TX

How many homes are available in Northeast Brazos, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
4551+13.3%

Summary: The Northeast Brazos real estate market had 51 homes for sale in March 2024, a 13.3% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 22
0.0%
3 1416
+14.3%
4 2731
+14.8%
5+ 22
0.0%

Summary: The Northeast Brazos housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 14.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
770.0%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast Brazos, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Northeast Brazos in March 2024, the same as the previous month. Of the 7 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.

Days on Market for Northeast Brazos, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
25 Days136 Days+439.2%

Summary: Homes in Northeast Brazos had an average of 136 days on market in Mar 2024, up by 439.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Northeast Brazos has remained consistent over time.

Summary: During March 2024, 7 homes were sold in Northeast Brazos; 14% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 43% 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 27 Days Ago

Newest Listings in Northeast Brazos, TX

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