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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wharton County is a neutral's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Wharton County was a Buyer's Market.

Key Takeaway

Wharton County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Wharton County, TX

How much do homes in Wharton County, TX cost?

Median Sold Price

$220,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,000(+2.8%)

Key Takeaway

Homes in Wharton County have sold for 2.8% more than they did a year ago.

Summary: The median home sold price in Wharton County was $220,000 in April 2024, up 2.8% from last year, and the median price per square foot was $134.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $94K$142.4K
+51.5%
2 $115K$150K
+30.4%
3 $214K$225K
+5.1%
4 $278.7K$302.2K
+8.4%
5+ $347.1K$275K
-20.8%

Summary: Wharton County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 51.5%, 2 bedroom homes increased by 30.4%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes decreased by 20.8%.

Median Sold Price Compared To Nearby Counties

Austin County
+3.7%
Wharton County
+2.8%
Fort Bend County
+2.2%
Colorado County
+1.5%
Brazoria County
0.1%

Housing Supply in Wharton County, TX

How many homes are available in Wharton County, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
135156+15.6%

Summary: The Wharton County real estate market had 156 homes for sale in April 2024, a 15.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 67
+16.7%
2 2226
+18.2%
3 6781
+20.9%
4 3031
+3.3%
5+ 1011
+10.0%

Summary: The Wharton County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 18.2%, 3 bedroom homes increased by 20.9%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 10%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
2123+9.5%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wharton County, you may be able to get a good deal. 73.9% of homes here sold below asking price last month.

Summary: A total of 23 homes were sold or pending in Wharton County in April 2024, up by 9.5% month-over-month. Of the 23 sold homes, 74% were sold under asking, 13% were sold at asking, and 13% 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

Apr 2023Apr 2024CHANGE
87 Days72 Days-16.4%

Summary: Homes in Wharton County had an average of 72 days on market in Apr 2024, down by 16.4% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wharton County has remained consistent over time.

Summary: During April 2024, 23 homes were sold in Wharton County; 35% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 26% 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 Wharton County, TX

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