Matagorda County, Texas Housing Market

In Matagorda County, Texas, the median home value is $172,900, with a median monthly rent of $999. This places Matagorda County at #1744 nationally out of 3134 counties by median home value, and #116 within Texas.

Median Home Value $172,900
Median Rent $999/mo
Owner Occupancy 68.1%
Price/Rent Ratio 14.4

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Matagorda County rose +1.4% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

9,182
jobs (private sector)
  • Avg weekly wage: $1,391
  • Establishments: 726
  • BLS QCEW, 2025
🏗️

Housing Supply

300
new units authorized (2025)
  • Single-family: 251
  • Multi-family: 49
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+447
net migration (filers, 2021-2022)
  • Inflow: 13,695 (avg $68,466)
  • Outflow: 13,248 (avg $67,154)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Matagorda County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 77414 267.4 +1.63% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Matagorda County Compares

MetricMatagorda CountyTexas AverageU.S. Average
Median Home Value $172,900 $186,278 $227,706
Median Gross Rent $999 $997 $968
Owner Occupancy Rate 68.1% 73.2% 73.3%
Price/Rent Ratio 14.4 15.2 18.7

Market Analysis

The median home value in Matagorda County is 7.2% below the Texas state average and 24.1% below the U.S. national average. The median rent of $999/month is about equal to the state average.

With a price-to-rent ratio of 14.4, buying a home in Matagorda County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Matagorda County has an owner-occupancy rate of 68.1%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Madison County Illinois $173,000 $1,024
Iberville Parish Louisiana $172,800 $827
Wadena County Minnesota $173,000 $746
Howell County Missouri $173,000 $733
Bowie County Texas $173,000 $988

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Bowie County $173,000 $988 63.4%
Camp County $173,100 $801 77.5%
Navarro County $172,600 $1,076 69.4%
Orange County $173,400 $1,100 75.2%
Titus County $174,000 $907 70.6%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).