OfferBackedBuyer Tools

Is Brookeland, TX 75931 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Brookeland is a buyer’s market. With about 23.6 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply23.6Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list90.6%Sold price ÷ list price
Median days on market341Listing to accepted offer
Median price per sq ft$160▼ −22.0% vs. last year

The Brookeland housing market right now

In the three months ending August 31, 2026, 0% of homes in Brookeland, TX 75931 sold above their list price, the typical home went under contract in 341 days and there were 23.6 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (110 days then) and the median sale price fell 24% to $273,057. Overall, Brookeland is less competitive than a year ago, which gives buyers more room.

Nearby, Buna 77612 (5% sold over asking) is even more competitive.

Run the numbers for 75931

Prefilled for 75931Can I win this house?Multiple-offer likelihood for a listing Prefilled for 75931Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Buna 77612Balanced $136 /sq ftJasper 75951Buyer’s market $54 /sq ftKirbyville 75956Buyer’s market $100 /sq ft Browse all markets →

Towns like Brookeland nearby

Find towns like Brookeland in other states →
Hemphill, TX75948 · 19 miles away64% similarcheaper homes ($47K less) · larger Broaddus, TX75929 · 20 miles away60% similarcheaper homes ($67K less) · smaller Spurger, TX77660 · 33 miles away60% similarcheaper homes ($52K less) · smaller Burkeville, TX75932 · 19 miles away56% similarcheaper homes ($126K less) · smaller

Where Brookeland is

Loading map…

Questions about Brookeland real estate

Is Brookeland a buyer’s or seller’s market?

A buyer’s market: there were 23.6 months of supply in Brookeland, TX 75931 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Brookeland?

The typical home went under contract in 341 days in the latest three months.

Do homes in Brookeland sell over asking?

0% of homes sold above their original list price, and the typical sale closed at 90.6% of the list price.

What are property taxes in Brookeland?

About 0.97% of a home’s value a year in Jasper County, or roughly $3,880 on a $400,000 home.

What is the median home price in Brookeland?

The median sale price was $273,057 in the three months ending August 31, 2026, about $160 per square foot.

Local agents

See all agents in 75931 →

No sponsored agents in 75931 yet. Are you an agent here? Put your name in front of local buyers.

Save this ZIP (free account)

More tools for 75931

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Jasper County property taxesJasper County loan limitsClosing costs in TexasHottest ZIP codes in Texas
Add this to your website

Free to use. Paste this code where you want the live widget to appear. It updates automatically. More widgets

Sizes itself to fit. If your site builder removes scripts, use “iframe only”.

Preview

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology