Is Schertz, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$338,851
$165/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Schertz was $338,851 in May 2024, down 1.5% from last year, and the median price per square foot was $165.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $139K | N/A |
2 Bedrooms | $225K | $230K | +2.2% |
3 Bedrooms | $305K | $299.9K | -1.7% |
4 Bedrooms | $383K | $389.4K | +1.7% |
5+ Bedrooms | $455K | $464K | +2.0% |
Summary: Schertz housing prices by bedroom type for May 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 decreased by 1.7%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
Schertz | $340K | $339.1K | -0.2% |
Schertz | $343.8K | $338.8K | -1.5% |
San Antonio Northeast | $269.9K | $260K | -3.7% |
Cibolo | $370.6K | $355.1K | -4.2% |
Universal City | $298.5K | $281K | -5.9% |
Housing Supply in Schertz, TX
How many homes are available in Schertz, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
323 | 341 | +5.6% |
Summary: The Schertz real estate market had 341 homes for sale in May 2024, a 5.6% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 7 | +16.7% |
3 Bedrooms | 152 | 160 | +5.3% |
4 Bedrooms | 142 | 150 | +5.6% |
5+ Bedrooms | 23 | 24 | +4.3% |
Summary: The Schertz housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 5.6%, and 5+ bedroom homes increased by 4.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
58 | 53 | -8.6% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 53 homes were sold or pending in Schertz in May 2024, down by 8.6% month-over-month. Of the 53 sold homes, 58% were sold under asking, 32% were sold at asking, and 9% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
59 Days | 82 Days | +38.5% |
Summary: Homes in Schertz had an average of 82 days on market in May 2024, up by 38.5% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During May 2024, 53 homes were sold in Schertz; 28% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.