Housing Market Overview
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Brazoria County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $231,169 | $248,418 | $242,182 |
| Price Trend (Annual %) | 11.7% | 9.9% | 8.2% |
| Median Gross Rent | $1,409 | $1,338 | $1,342 |
| Rent Trend (Annual %) | 5.8% | 5.7% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Brazoria County is about 7% lower than in Texas. Rent is about 5% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2023
Median Rent Prices, 2015-2023
Both home prices and rent are rising in Brazoria County, up about 11.7% and 5.8% a year respectively. Home prices are changing faster.
Median rent in Brazoria County rose about 56.0% between 2015 and 2023, from $904 to $1,409. Over the same span, rent in Texas rose about 51.9%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Brazoria County.
Buying the median-priced home in Brazoria County costs roughly 13.7 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Brazoria County. The price-to-rent ratio in Texas is about 15.5.
| Metric | Brazoria County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $231,169 | $248,418 | $242,182 |
| Median Household Income | $95,889 | $76,510 | $78,145 |
| Price-to-Income Ratio | 2.4 | 3.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2023, the median home price in Brazoria County rose about 97.6%, while median household income rose about 52.9% between 2009 and 2023 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Brazoria County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.2% | 56.5% | 58.2% |
| Rental Rate | 23.3% | 33.8% | 31.3% |
| Vacancy Rate | 10.5% | 9.6% | 10.6% |
| Median Tenure (years) | 15.0 | 14.0 | 15.0 |
| Median Year Moved In | 2011 | 2012 | 2011 |
Brazoria County has a homeownership rate of 66.2%, higher than the Texas average of 56.5%. Its housing vacancy rate is 10.5%, compared with 9.6% in Texas.
Housing Stock
| Metric | Brazoria County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.81 people | 2.70 people | 2.54 people |
| Median Structure Built Year | 1990 | 1989 | 1978 |
| Median Number of Rooms | 5.7 | 5.4 | 5.5 |
The typical housing unit in Brazoria County was built around 1990. On average, 2.8 people live in a home with about 5.7 rooms, staying for about 15.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Brazoria County, Texas.
What is the median home price in Brazoria County, Texas?
The median home price in Brazoria County, Texas is $231,169, lower than the Texas average of $248,418.
What is the average home price in Brazoria County, Texas?
The typical home price in %s, reported as the median sale price, is %s. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Brazoria County, Texas?
The median gross rent in Brazoria County, Texas is $1,409 per month, higher than the Texas average of $1,338.
What was the median gross rent in Brazoria County in 2020?
In 2020, the median gross rent in Brazoria County, Texas was $1,160 per month.
What is the price-to-rent ratio in Brazoria County, Texas?
The price-to-rent ratio in Brazoria County, Texas is about 13.7, meaning it would take roughly 13.7 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Brazoria County.
Are home prices or rent rising faster in Brazoria County, Texas?
Both home prices and rent are rising in Brazoria County, up about 11.7% and 5.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Brazoria County, Texas?
66.2% of households in Brazoria County, Texas own their home, higher than the Texas average of 56.5%.
What is the vacancy rate in Brazoria County, Texas?
The housing vacancy rate in Brazoria County, Texas is 10.5%, higher than the Texas average of 9.6%.