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 April 2023

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

$220,000

$134/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$6,000(+2.8%)

Key Takeaway

Homes in Wharton County have sold for 2.8% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $94K$142.4K
+51.5%
2 $115K$150K
+30.4%
3 $214K$225K
+5.1%
4 $278.7K$302.2K
+8.4%
5+ $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
+3.7%
Wharton County
+2.8%
Fort Bend County
+2.2%
Colorado County
+1.5%
Brazoria County
0.1%

Housing Supply in Wharton County, TX

How many homes are available in Wharton County, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
135156+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

# BEDSMar 2024Apr 2024CHANGE
1 67
+16.7%
2 2226
+18.2%
3 6781
+20.9%
4 3031
+3.3%
5+ 1011
+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 2024Apr 2024CHANGE
2123+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wharton County, you may be able to get a good deal. 73.9% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
87 Days72 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Wharton County has remained consistent over time.

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.

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

Report Updated 13 Days Ago

Newest Listings in Wharton County, TX

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