Is Grimes County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Grimes County has remained a Seller's Market.
Key Takeaway
Grimes County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Grimes County, TX
How much do homes in Grimes County, TX cost?
Median Sold Price
$360,000
$188/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Grimes County have sold for 15.2% more than they did a year ago.
Summary: The median home sold price in Grimes County was $360,000 in April 2024, up 15.2% from last year, and the median price per square foot was $188.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $230K | $223.5K | -2.8% |
| 2 Bedrooms | $236K | $241K | +2.1% |
| 3 Bedrooms | $270.5K | $332.5K | +22.9% |
| 4 Bedrooms | $440K | $430.8K | -2.1% |
| 5+ Bedrooms | $855K | $780K | -8.8% |
Summary: Grimes County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.8%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 22.9%, 4 bedroom homes decreased by 2.1%, and 5+ bedroom homes decreased by 8.8%.
Median Sold Price Compared To Nearby Counties
| Grimes County | $312.5K | $360K | +15.2% |
| Washington County | $318.8K | $324.7K | +1.9% |
| Brazos County | $322.8K | $323.3K | 0.2% |
| Walker County | $282.2K | $273.6K | -3.1% |
| Madison County | $282K | $266K | -5.7% |
Housing Supply in Grimes County, TX
How many homes are available in Grimes County, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 159 | 180 | +13.2% |
Summary: The Grimes County real estate market had 180 homes for sale in April 2024, a 13.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 77 | 85 | +10.4% |
| 4 Bedrooms | 47 | 54 | +14.9% |
| 5+ Bedrooms | 12 | 17 | +41.7% |
Summary: The Grimes County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 14.9%, and 5+ bedroom homes increased by 41.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 16 | 38 | +137.5% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 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. 60.5% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Grimes County in April 2024, up by 137.5% month-over-month. Of the 38 sold homes, 61% were sold under asking, 18% were sold at asking, and 21% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 58 Days | +17.2% |
Summary: Homes in Grimes County had an average of 58 days on market in Apr 2024, up by 17.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Grimes County has remained consistent over time.
Summary: During April 2024, 38 homes were sold in Grimes County; 34% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
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Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS or Unlock MLS®). All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Unlock MLS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data maintained by the Board, ACTRIS or Unlock MLS may not reflect all real estate activity in the market. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price. 
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