Is Matagorda County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Matagorda County was a Seller's Market.
Housing Prices in Matagorda County, TX
How much do homes in Matagorda County, TX cost?
Median Sold Price
$235,000
$146/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Matagorda County was $235,000 in March 2024, down 2.1% from last year, and the median price per square foot was $146.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $192.7K | $200K | +3.8% |
2 Bedrooms | $250K | $171.5K | -31.4% |
3 Bedrooms | $218.8K | $228.5K | +4.4% |
4 Bedrooms | $297.4K | $312.5K | +5.1% |
5+ Bedrooms | $320K | $456.4K | +42.6% |
Summary: Matagorda County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.8%, 2 bedroom homes decreased by 31.4%, 3 bedroom homes increased by 4.4%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 42.6%.
Median Sold Price Compared To Nearby Counties
Jackson County | $176K | $177.5K | +0.9% |
Wharton County | $218.5K | $219.9K | +0.6% |
Brazoria County | $332.5K | $329.9K | -0.8% |
Matagorda County | $239.9K | $235K | -2.1% |
Housing Supply in Matagorda County, TX
How many homes are available in Matagorda County, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
176 | 201 | +14.2% |
Summary: The Matagorda County real estate market had 201 homes for sale in March 2024, a 14.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 9 | 0.0% |
2 Bedrooms | 36 | 40 | +11.1% |
3 Bedrooms | 82 | 96 | +17.1% |
4 Bedrooms | 40 | 44 | +10.0% |
5+ Bedrooms | 9 | 12 | +33.3% |
Summary: The Matagorda County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.1%, 3 bedroom homes increased by 17.1%, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
12 | 22 | +83.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 22 homes were sold or pending in Matagorda County in March 2024, up by 83.3% month-over-month. Of the 22 sold homes, 77% were sold under asking, 14% were sold at asking, and 9% were sold over asking.
Days on Market for Matagorda County, TX
How long does it take to sell a home in Matagorda County, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 112 Days | +94.1% |
Summary: Homes in Matagorda County had an average of 112 days on market in Mar 2024, up by 94.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 22 homes were sold in Matagorda County; 23% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.