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 October 2023

At the same time last year, Wharton County was a Seller'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

$228,000

$135/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$18,000(+8.6%)

Key Takeaway

Homes in Wharton County have sold for 8.6% more than they did a year ago.

Summary: The median home sold price in Wharton County was $228,000 in October 2024, up 8.6% from last year, and the median price per square foot was $135.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $155K$110K
-29.0%
2 $126.5K$162.5K
+28.5%
3 $210K$237K
+12.9%
4 $290K$380K
+31.0%
5+ $310K$417.3K
+34.6%

Summary: Wharton County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 29%, 2 bedroom homes increased by 28.5%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 31%, and 5+ bedroom homes increased by 34.6%.

Median Sold Price Compared To Nearby Counties

Wharton County
+8.6%
Colorado County
+5.3%
Brazoria County
+4.6%
Fort Bend County
+1.7%
Austin County
-1.7%

Housing Supply in Wharton County, TX

How many homes are available in Wharton County, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
147169+15.0%

Summary: The Wharton County real estate market had 169 homes for sale in October 2024, a 15.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 67
+16.7%
2 1921
+10.5%
3 7998
+24.1%
4 3435
+2.9%
5+ 98
-11.1%

Summary: The Wharton County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes increased by 24.1%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2025+25.0%

Asking Price vs. Sold Price

18 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 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. 72% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Wharton County in October 2024, up by 25.0% month-over-month. Of the 25 sold homes, 72% were sold under asking, 20% were sold at asking, and 8% 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

Oct 2023Oct 2024CHANGE
82 Days55 Days-32.2%

Summary: Homes in Wharton County had an average of 55 days on market in Oct 2024, down by 32.2% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Wharton County are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 25 homes were sold in Wharton County; 56% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 24% 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 20 Days Ago

Newest Listings in Wharton County, TX

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