Is Wharton 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, Wharton County was a Seller's Market.
Housing Prices in Wharton County, TX
How much do homes in Wharton County, TX cost?
Median Sold Price
$219,900
$133/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Wharton County was $219,900 in March 2024, up 0.6% from last year, and the median price per square foot was $133.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $92K | $142.4K | +54.8% |
2 Bedrooms | $125K | $132K | +5.6% |
3 Bedrooms | $215.5K | $221.3K | +2.7% |
4 Bedrooms | $286.2K | $299.4K | +4.6% |
5+ Bedrooms | $338.5K | $285K | -15.8% |
Summary: Wharton County housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 54.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 15.8%.
Median Sold Price Compared To Nearby Counties
Fort Bend County | $399.8K | $404.8K | +1.3% |
Austin County | $356.9K | $360.9K | +1.1% |
Wharton County | $218.5K | $219.9K | +0.6% |
Colorado County | $264.9K | $265K | 0.0% |
Brazoria County | $332.5K | $329.9K | -0.8% |
Housing Supply in Wharton County, TX
How many homes are available in Wharton County, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
135 | 144 | +6.7% |
Summary: The Wharton County real estate market had 144 homes for sale in March 2024, a 6.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 7 | -22.2% |
2 Bedrooms | 24 | 26 | +8.3% |
3 Bedrooms | 67 | 68 | +1.5% |
4 Bedrooms | 27 | 33 | +22.2% |
5+ Bedrooms | 8 | 10 | +25.0% |
Summary: The Wharton County housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 22.2%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 22.2%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 19 | -20.8% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 19 homes were sold or pending in Wharton County in March 2024, down by 20.8% month-over-month. Of the 19 sold homes, 84% were sold under asking, 11% were sold at asking, and 5% were sold over asking.
Days on Market for Wharton County, TX
How long does it take to sell a home in Wharton County, TX?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
72 Days | 78 Days | +7.9% |
Summary: Homes in Wharton County had an average of 78 days on market in Mar 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During March 2024, 19 homes were sold in Wharton County; 32% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.