Market Overview
Home Prices in Matagorda, TX
The median home value in Matagorda, TX is $305,288 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 2.6% compared to a year ago and up 7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Matagorda are priced26% below average. Matagorda is part of the Bay City, TX metro area.
Over the past five years, Matagorda home values have risen by approximately34.2%, reflecting strong long-term appreciation in this market.
Price History
Matagorda Home Price Trend
City Comparison
Matagorda vs. National Median
At $305,288, homes in Matagorda cost 26% below the national median of $410,000. This makes Matagorda a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Matagorda?
20% Down Payment
$61,058
on $305,288
Monthly P&I
$1,592/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,022/mo
incl. taxes & insurance
Income Needed
$80,880
gross annual (30% rule)
10% Down Option
$30,529
+ PMI applies
Loan Amount (20% dn)
$244,230
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Matagorda, TX?
The median home value in Matagorda is $305,288 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 2.6% year-over-year.
How much have home prices changed in Matagorda?
Over the past year, home values in Matagorda have increased by 2.6%. Over five years, prices have risen approximately 34.2%.
How much do I need to earn to buy a home in Matagorda?
To comfortably afford the median home price of $305,288 with a 20% down payment ($61,058) at today's rates (6.8%), you'd need a gross annual income of approximately $80,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Matagorda compare to the national average home price?
The national median home value is approximately $410,000. At $305,288, homes in Matagorda are 26% below the national average.
What metro area is Matagorda part of?
Matagorda is part of the Bay City, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.