Monday, November 13, 2006

Housing Report for Brazoria County, Texas

The State of Texas, Brazoria County places 13 of 254 by percent in growth of new residential structures. The county places 180 of 3,141, compared to change in residential structure growth in counties throughout the Unities States.

Brazoria County recorded a median home value in 2005 of $119,100, reported by the American Community Survey. This home value is greater than the overall State of Texas 2005 median owner-occupied dwelling value of $106,000 and less than median home value of $167,500 for the rest of the nation in that year.

Brazoria County may be be described as having a small, but present proportion of residential real estate that is high priced. In 2005, the American Community Survey accounted that 0.3 percent of the homes were valued over $500,000.

In Brazoria County, there were a total of 105,408 homes in the year 2005. This county has gone through a growth in housing units, adding all together 11,890 homes since 2001, or 12.7 percent.

The owner-occupied dwellings in Brazoria County, Texas have seen large increases since their reported values in 2000. The values have increased by $30,600, or 34.6 percent, since their values in that year of $88,500.

According to the data, there is a large amount of housing that is affordable in Brazoria County, Texas. In 2005, 52.8 percent of the homes were valued under $125,000.

Data Source: U.S. Census Bureau

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