Is Wharton, TX 77488 a buyer’s or seller’s market?
Wharton is a buyer’s market. With about 9.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 1% of U.S. ZIP codes, and #835 of 868 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Wharton housing market right now
In the three months ending August 31, 2026, 5% of homes in Wharton, TX 77488 sold above their list price, the typical home went under contract in 91 days and there were 9.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 23 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 20%, homes sold more slowly (74 days then) and the median sale price rose 9% to $196,910. Overall, Wharton is less competitive than a year ago, which gives buyers more room.
Within Wharton County, homes here sell faster than in 50% of the county’s ZIP codes, and sell more often over asking than in 50%. On our competition score, Wharton ranks #835 of 868 TX ZIP codes with enough sales (score 5 out of 100).
Nearby, buyers who want less competition could look at Louise 77455 (0% sold over asking) or East Bernard 77435 (0% sold over asking), while Boling 77420 (100% sold over asking) and El Campo 77437 (8% sold over asking) are even more competitive.
Run the numbers for 77488
Nearby markets
Boling 77420Buyer’s market $104 /sq ftEast Bernard 77435Balanced $166 /sq ftEl Campo 77437Balanced $136 /sq ftGlen Flora 77443 — /sq ft Browse all markets →Towns like Wharton nearby
Find towns like Wharton in other states →Where Wharton is
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Questions about Wharton real estate
Is Wharton a buyer’s or seller’s market?
A buyer’s market: there were 9.4 months of supply in Wharton, TX 77488 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Wharton?
The typical home went under contract in 91 days in the latest three months.
Do homes in Wharton sell over asking?
5% of homes sold above their original list price, and the typical sale closed at 95.1% of the list price.
What are property taxes in Wharton?
About 1.52% of a home’s value a year in Wharton County, or roughly $6,080 on a $400,000 home.
What is the median home price in Wharton?
The median sale price was $196,910 in the three months ending August 31, 2026, about $121 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology