Is Schertz-Cibolo, 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-Cibolo was a Seller's Market.
Housing Prices in Schertz-Cibolo, TX
How much do homes in Schertz-Cibolo, TX cost?
Median Sold Price
$340,000
$163/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Schertz-Cibolo was $340,000 in May 2024, down 2.9% from last year, and the median price per square foot was $163.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $139K | -43.3% |
2 Bedrooms | $229.9K | $230K | 0.0% |
3 Bedrooms | $315K | $305K | -3.2% |
4 Bedrooms | $370K | $368K | -0.6% |
5+ Bedrooms | $422K | $410K | -2.8% |
Summary: Schertz-Cibolo housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.3%, 2 bedroom homes did not change, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes decreased by 2.8%.
Housing Supply in Schertz-Cibolo, TX
How many homes are available in Schertz-Cibolo, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
719 | 779 | +8.3% |
Summary: The Schertz-Cibolo real estate market had 779 homes for sale in May 2024, a 8.3% 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 | 15 | 16 | +6.7% |
3 Bedrooms | 324 | 350 | +8.0% |
4 Bedrooms | 309 | 341 | +10.4% |
5+ Bedrooms | 71 | 72 | +1.4% |
Summary: The Schertz-Cibolo 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 6.7%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 1.4%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
129 | 111 | -14.0% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
21 Homes Were Sold
Over Asking
Summary: A total of 111 homes were sold or pending in Schertz-Cibolo in May 2024, down by 14.0% month-over-month. Of the 111 sold homes, 51% were sold under asking, 30% were sold at asking, and 19% were sold over asking.
Days on Market for Schertz-Cibolo, TX
How long does it take to sell a home in Schertz-Cibolo, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
75 Days | 95 Days | +26.7% |
Summary: Homes in Schertz-Cibolo had an average of 95 days on market in May 2024, up by 26.7% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
43 Homes Were Sold
In 30 - 90 Days
36 Homes Were Sold
Over 90 Days
Summary: During May 2024, 111 homes were sold in Schertz-Cibolo; 29% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 32% of homes were sold over 90 days.