Is College Station, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, College Station was a Seller's Market.
Housing Prices in College Station, TX
How much do homes in College Station, TX cost?
Median Sold Price
$344,246
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in College Station was $344,246 in May 2024, up 5.2% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170.7K | $139.4K | -18.4% |
2 Bedrooms | $150K | $220K | +46.7% |
3 Bedrooms | $298.2K | $295K | -1.1% |
4 Bedrooms | $467.5K | $440K | -5.9% |
5+ Bedrooms | $476.7K | $692.5K | +45.3% |
Summary: College Station housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 18.4%, 2 bedroom homes increased by 46.7%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 5.9%, and 5+ bedroom homes increased by 45.3%.
Median Sold Price Compared To Nearby Cities
South Brazos | $341K | $360K | +5.6% |
College Station | $327.2K | $344.2K | +5.2% |
Bryan | $290K | $293.9K | +1.4% |
West Brazos | $282.9K | $285.4K | +0.9% |
Housing Supply in College Station, TX
How many homes are available in College Station, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
162 | 185 | +14.2% |
Summary: The College Station real estate market had 185 homes for sale in May 2024, a 14.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 46 | 54 | +17.4% |
4 Bedrooms | 89 | 98 | +10.1% |
5+ Bedrooms | 17 | 20 | +17.6% |
Summary: The College Station housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 17.4%, 4 bedroom homes increased by 10.1%, and 5+ bedroom homes increased by 17.6%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
29 | 30 | +3.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 30 homes were sold or pending in College Station in May 2024, up by 3.4% month-over-month. Of the 30 sold homes, 70% were sold under asking, 13% were sold at asking, and 17% were sold over asking.
Days on Market for College Station, TX
How long does it take to sell a home in College Station, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
58 Days | 26 Days | -55.8% |
Summary: Homes in College Station had an average of 26 days on market in May 2024, down by 55.8% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 30 homes were sold in College Station; 73% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.