Bay City, TX 77483 housing market

What this means

• Prices. Home values are down 1.8% over the past year (U.S.: +1.2%), 5% below their 2022-23 peak.
• Supply. Listings are 100% below the 2017-19 norm and falling (−100% vs. a year ago): still a tight market.
• Negotiating. Buyer leverage is moderate (54/100; U.S.: 54) (as of Dec 2025): homes sell for about 6.6% below their final list price (as of Sep 2022); 0% of listings had a price cut (U.S.: 26%) (as of Dec 2025).
• Affordability. A mortgage on the typical home takes 51% of the median household income (U.S.: 35%); it takes about $54k a year to keep the payment at 30% of gross pay. That includes about $2,396 a year for home insurance (U.S.: $1,790).
• Disaster risk. FEMA expects about $430 a year in natural-disaster damage per $100k of building value (U.S.: $155), mostly from hurricanes. Check insurance costs before buying.
• Outlook. No clear direction: likely −7% to +9% over the next 12 months (66% chance of a rise).

Next 12 months

No clear direction

A rise is somewhat more likely than a fall, but not by enough to call. Likely change: −6.9% to +9.4% (80% range; middle estimate +2.4%), chance of a rise 66%, of a 5%+ drop 14%.

HouseVane's model, refit every month on local market signals and national ones, trained only on data known at the time. How accurate it has been.

Other ZIP codes in Matagorda County, TX