Is Matagorda County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Matagorda County has remained a Buyer's Market.
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 May 2023
Summary: The median home sold price in Matagorda County was $235,000 in May 2024, down 3.8% from last year, and the median price per square foot was $145.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $205K | $170K | -17.1% |
2 Bedrooms | $257K | $200K | -22.2% |
3 Bedrooms | $215K | $225K | +4.7% |
4 Bedrooms | $299.8K | $260K | -13.3% |
5+ Bedrooms | $302.5K | $466.2K | +54.1% |
Summary: Matagorda County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 17.1%, 2 bedroom homes decreased by 22.2%, 3 bedroom homes increased by 4.7%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 54.1%.
Median Sold Price Compared To Nearby Counties
Wharton County | $210K | $224.5K | +6.9% |
Brazoria County | $329.9K | $334.8K | +1.5% |
Matagorda County | $244.2K | $235K | -3.8% |
Jackson County | $204K | $185K | -9.3% |
Housing Supply in Matagorda County, TX
How many homes are available in Matagorda County, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
198 | 219 | +10.6% |
Summary: The Matagorda County real estate market had 219 homes for sale in May 2024, a 10.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 12 | +9.1% |
2 Bedrooms | 44 | 53 | +20.5% |
3 Bedrooms | 91 | 100 | +9.9% |
4 Bedrooms | 43 | 43 | 0.0% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Matagorda County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.1%, 2 bedroom homes increased by 20.5%, 3 bedroom homes increased by 9.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
19 | 18 | -5.3% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Matagorda County in May 2024, down by 5.3% month-over-month. Of the 18 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
112 Days | 86 Days | -23.4% |
Summary: Homes in Matagorda County had an average of 86 days on market in May 2024, down by 23.4% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During May 2024, 18 homes were sold in Matagorda County; 39% of homes were sold within 30 days, 28% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.