$3,325 Closing Credit*
$280,000
520 SqFt
1 Bed
•1 Full Bath
Ronald Linton, Listing Office: Coldwell Banker Realty - Houston Bay Area
Is Matagorda County, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$219,500
$144/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$25,500(-10.4%)
Key Takeaway
Homes in Matagorda County have sold for 10.4% less than they did a year ago.
Summary: The median home sold price in Matagorda County was $219,500 in October 2024, down 10.4% from last year, and the median price per square foot was $144.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $165K | -23.3% |
| 2 Bedrooms | $199K | $225K | +13.1% |
| 3 Bedrooms | $243.9K | $209.5K | -14.1% |
| 4 Bedrooms | $264.9K | $298K | +12.5% |
| 5+ Bedrooms | $332K | $351.5K | +5.9% |
Summary: Matagorda County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 23.3%, 2 bedroom homes increased by 13.1%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Counties
| Wharton County | $210K | $228K | +8.6% |
| Brazoria County | $325K | $340K | +4.6% |
| Matagorda County | $245K | $219.5K | -10.4% |
Housing Supply in Matagorda County, TX
How many homes are available in Matagorda County, TX?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 191 | 193 | +1.0% |
Summary: The Matagorda County real estate market had 193 homes for sale in October 2024, a 1.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 7 | 0.0% |
| 2 Bedrooms | 43 | 45 | +4.7% |
| 3 Bedrooms | 86 | 84 | -2.3% |
| 4 Bedrooms | 46 | 46 | 0.0% |
| 5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Matagorda County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.7%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 15 | -25.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Matagorda County, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Matagorda County in October 2024, down by 25.0% month-over-month. Of the 15 sold homes, 60% were sold under asking, 33% were sold at asking, and 7% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 80 Days | 62 Days | -21.9% |
Summary: Homes in Matagorda County had an average of 62 days on market in Oct 2024, down by 21.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Matagorda County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 15 homes were sold in Matagorda County; 60% of homes were sold within 30 days, 7% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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