Is Boerne, 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, Boerne was a Seller's Market.
Housing Prices in Boerne, TX
How much do homes in Boerne, TX cost?
Median Sold Price
$580,845
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Boerne was $580,845 in April 2024, up 4.8% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $308.7K | $377.5K | +22.3% |
2 Bedrooms | $333.2K | $359.9K | +8.0% |
3 Bedrooms | $445K | $499K | +12.1% |
4 Bedrooms | $650K | $624.9K | -3.8% |
5+ Bedrooms | $789.9K | $796.5K | +0.8% |
Summary: Boerne housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.3%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 12.1%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 0.8%.
Housing Supply in Boerne, TX
How many homes are available in Boerne, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
513 | 566 | +10.3% |
Summary: The Boerne real estate market had 566 homes for sale in April 2024, a 10.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 5 | 6 | +20.0% |
2 Bedrooms | 24 | 25 | +4.2% |
3 Bedrooms | 148 | 168 | +13.5% |
4 Bedrooms | 265 | 286 | +7.9% |
5+ Bedrooms | 71 | 81 | +14.1% |
Summary: The Boerne housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 20%, 2 bedroom homes increased by 4.2%, 3 bedroom homes increased by 13.5%, 4 bedroom homes increased by 7.9%, and 5+ bedroom homes increased by 14.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
69 | 78 | +13.0% |
Asking Price vs. Sold Price
51 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 78 homes were sold or pending in Boerne in April 2024, up by 13.0% month-over-month. Of the 78 sold homes, 65% were sold under asking, 19% were sold at asking, and 15% were sold over asking.
Days on Market for Boerne, TX
How long does it take to sell a home in Boerne, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
69 Days | 67 Days | -1.7% |
Summary: Homes in Boerne had an average of 67 days on market in Apr 2024, down by 1.7% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During April 2024, 78 homes were sold in Boerne; 44% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.