Is Wharton County, 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, Wharton County was a Buyer's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $94K | $142.4K | +51.5% |
2 Bedrooms | $115K | $150K | +30.4% |
3 Bedrooms | $214K | $225K | +5.1% |
4 Bedrooms | $278.7K | $302.2K | +8.4% |
5+ Bedrooms | $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 | $359.8K | $373K | +3.7% |
Wharton County | $214K | $220K | +2.8% |
Fort Bend County | $398.9K | $407.7K | +2.2% |
Colorado County | $265K | $269K | +1.5% |
Brazoria County | $330.7K | $330.9K | 0.1% |
Housing Supply in Wharton County, TX
How many homes are available in Wharton County, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
135 | 156 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 7 | +16.7% |
2 Bedrooms | 22 | 26 | +18.2% |
3 Bedrooms | 67 | 81 | +20.9% |
4 Bedrooms | 30 | 31 | +3.3% |
5+ Bedrooms | 10 | 11 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
21 | 23 | +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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
87 Days | 72 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
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.