Is Matagorda-Sargent, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Matagorda-Sargent was a Neutral Market.
Key Takeaway
Matagorda-Sargent is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Matagorda-Sargent, TX
How much do homes in Matagorda-Sargent, TX cost?
Median Sold Price
$351,931
$286/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Matagorda-Sargent have sold for 8.3% more than they did a year ago.
Summary: The median home sold price in Matagorda-Sargent was $351,931 in April 2024, up 8.3% from last year, and the median price per square foot was $286.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $208K | $235K | +13.0% |
| 2 Bedrooms | $310K | $255K | -17.7% |
| 3 Bedrooms | $340.5K | $387.5K | +13.8% |
| 4 Bedrooms | $420K | $600K | +42.9% |
| 5+ Bedrooms | $750K | - | N/A |
Summary: Matagorda-Sargent housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13%, 2 bedroom homes decreased by 17.7%, 3 bedroom homes increased by 13.8%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Matagorda-Sargent | $325K | $351.9K | +8.3% |
| Brazoria-West Columbia | $260K | $260.8K | 0.3% |
Housing Supply in Matagorda-Sargent, TX
How many homes are available in Matagorda-Sargent, TX?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 59 | 70 | +18.6% |
Summary: The Matagorda-Sargent real estate market had 70 homes for sale in April 2024, a 18.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 6 | +20.0% |
| 2 Bedrooms | 20 | 23 | +15.0% |
| 3 Bedrooms | 22 | 23 | +4.5% |
| 4 Bedrooms | 9 | 13 | +44.4% |
| 5+ Bedrooms | 3 | 5 | +66.7% |
Summary: The Matagorda-Sargent housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 15%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 44.4%, and 5+ bedroom homes increased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 2 | 1 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Matagorda-Sargent, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Matagorda-Sargent in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Matagorda-Sargent, TX
How long does it take to sell a home in Matagorda-Sargent, TX?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 50 Days | 40 Days | -21.2% |
Summary: Homes in Matagorda-Sargent had an average of 40 days on market in Apr 2024, down by 21.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Matagorda-Sargent has remained consistent over time.
Summary: During April 2024, 1 homes were sold in Matagorda-Sargent; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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