Is Matagorda County, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Matagorda County is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Matagorda County was a Seller's Market.

Key Takeaway

Matagorda County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Matagorda County, TX

How much do homes in Matagorda County, TX cost?

Median Sold Price

$235,000

$145/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$6,722(-2.8%)

Key Takeaway

Homes in Matagorda County have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Matagorda County was $235,000 in April 2024, down 2.8% from last year, and the median price per square foot was $145.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $195K$205K
+5.1%
2 $257K$169K
-34.2%
3 $215K$225K
+4.7%
4 $299.9K$307.7K
+2.6%
5+ $320K$460K
+43.8%

Summary: Matagorda County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes decreased by 34.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 43.8%.

Median Sold Price Compared To Nearby Counties

Wharton County
+2.8%
Brazoria County
0.1%
Matagorda County
-2.8%

Housing Supply in Matagorda County, TX

How many homes are available in Matagorda County, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
193208+7.8%

Summary: The Matagorda County real estate market had 208 homes for sale in April 2024, a 7.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 1011
+10.0%
2 3944
+12.8%
3 9594
-1.1%
4 4048
+20.0%
5+ 911
+22.2%

Summary: The Matagorda County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 12.8%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 22.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2418-25.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Matagorda County, you may be able to get a good deal. 72.2% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in Matagorda County in April 2024, down by 25.0% month-over-month. Of the 18 sold homes, 72% were sold under asking, 17% were sold at asking, and 11% 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

Apr 2023Apr 2024CHANGE
56 Days82 Days+46.4%

Summary: Homes in Matagorda County had an average of 82 days on market in Apr 2024, up by 46.4% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Matagorda County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 18 homes were sold in Matagorda County; 39% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 39% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Matagorda County, TX

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