Brazoria, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Brazoria, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Brazoria Housing Market Information

With a population of 3,071, 1,212 total housing units (homes and apartments), and a median house value of $101,950, house prices in Brazoria are solidly below the national average.

Single-family detached homes are the single most common housing type in Brazoria, accounting for 74.13% of the city's housing units. Other types of housing that are prevalent in Brazoria include mobile homes or trailers ( 11.01%), large apartment complexes or high rise apartments ( 10.79%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.70%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Brazoria. Owner-occupied housing accounts for 65.38% of Brazoria's homes, and 60.93% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Brazoria built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Brazoria built between 1940-1969 ( 33.24%). A lesser amount of the housing stock also hails from between 2000 and later ( 8.97%). There's also some housing in Brazoria built before 1939 ( 7.22%).

Vacant housing appears to be an issue in Brazoria. Fully 11.66% of the housing stock is classified as vacant. Left unchecked, vacant Brazoria homes and apartments can be a drag on the real estate market, holding Brazoria real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Brazoria Home Appreciation Rates

In the last 10 years, Brazoria has experienced some of the highest home appreciation rates of any community in the nation. Brazoria real estate appreciated 29.21% over the last ten years, which is an average annual home appreciation rate of 2.60%, putting Brazoria in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Brazoria definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Brazoria's appreciation rate, at 4.13%, has been at or slightly above the national average. In the latest quarter, Brazoria's appreciation rate has been -0.09%, which annualizes to a rate of -0.38%.

Relative to Texas, our data show that Brazoria's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$101,950

Brazoria, TX HOME PRICES

Value Range
> $1,187,000 0.0
$890,001 - $1,187,000 0.9
$593,001 - $890,000 0.0
$475,001 - $593,000 0.3
$356,001 - $475,000 1.4
$237,001 - $356,000 5.6
$119,001 - $237,000 33.3
$59,001 - $119,000 35.3
$0 - $59,000 23.1

Low for TX
Low for Nation

Value Relative to Nation Value Relative to State
76.3564983007149 63.2295719844358

Number Of Homes And Apartments:
1,212

Brazoria Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
80.28% 3.48% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$902 / per month

Homeownership Rate

Homeownership
Owners 65.38
Renters 34.62
Vacant 11.66

Housing Market Details

 

Age of Homes

AGE OF Brazoria HOMES
2000 or Newer 9.0
1970 - 1999 50.6
1940 - 1969 33.2
1939 or Older 7.2

Types of Homes

TYPE OF Brazoria HOMES
Single-Family 74.1
Townhomes 0.4
Small Apt. Buildings 2.7
Apt. Complexes 10.8
Mobile Homes 11.0
Other 1.0

Home Size

SIZE OF Brazoria HOMES
No Bedroom 3.28
1 Bedroom 8.89
2 Bedrooms 26.90
3 Bedrooms 55.76
4 Bedrooms 5.17
5 or more bedrooms 0.00

Popular Neighborhoods in Brazoria

Zip Codes in Brazoria, TX