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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Matagorda County is a buyer'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

# BEDSOct 2023Oct 2024CHANGE
1 $215K$165K
-23.3%
2 $199K$225K
+13.1%
3 $243.9K$209.5K
-14.1%
4 $264.9K$298K
+12.5%
5+ $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
+8.6%
Brazoria County
+4.6%
Matagorda County
-10.4%

Housing Supply in Matagorda County, TX

How many homes are available in Matagorda County, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
191193+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

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 4345
+4.7%
3 8684
-2.3%
4 4646
0.0%
5+ 911
+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 2024Oct 2024CHANGE
2015-25.0%

Asking Price vs. Sold Price

9 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

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 2023Oct 2024CHANGE
80 Days62 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

Breakdown of Home Sale Times

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

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