Is Schertz, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Schertz was a Seller's Market.
Housing Prices in Schertz, TX
How much do homes in Schertz, TX cost?
Median Sold Price
$340,000
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Schertz was $340,000 in April 2024, down 1.3% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $139K | N/A |
2 Bedrooms | $225K | $230K | +2.2% |
3 Bedrooms | $301.3K | $304.2K | +1.0% |
4 Bedrooms | $379.9K | $389.9K | +2.6% |
5+ Bedrooms | $445K | $464K | +4.3% |
Summary: Schertz housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.2%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 2.6%, and 5+ bedroom homes increased by 4.3%.
Median Sold Price Compared To Nearby Cities
Cibolo | $358K | $359.9K | +0.6% |
Schertz | $338.5K | $340K | 0.4% |
Schertz | $344.5K | $340K | -1.3% |
San Antonio Northeast | $268.8K | $260K | -3.3% |
Universal City | $305K | $280K | -8.2% |
Housing Supply in Schertz, TX
How many homes are available in Schertz, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
298 | 333 | +11.7% |
Summary: The Schertz real estate market had 333 homes for sale in April 2024, a 11.7% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 5 | 5 | 0.0% |
3 Bedrooms | 135 | 160 | +18.5% |
4 Bedrooms | 135 | 144 | +6.7% |
5+ Bedrooms | 23 | 24 | +4.3% |
Summary: The Schertz housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
63 | 50 | -20.6% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in Schertz in April 2024, down by 20.6% month-over-month. Of the 50 sold homes, 56% were sold under asking, 20% were sold at asking, and 24% were sold over asking.
Days on Market for Schertz, TX
How long does it take to sell a home in Schertz, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
71 Days | 96 Days | +35.1% |
Summary: Homes in Schertz had an average of 96 days on market in Apr 2024, up by 35.1% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in Schertz; 34% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.