Is Boerne, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Boerne is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Boerne was a Seller's Market.

Key Takeaway

Boerne is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

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

+$26,805(+4.8%)

Key Takeaway

Homes in Boerne have sold for 4.8% more than they did a year ago.

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

# BEDSApr 2023Apr 2024CHANGE
1 $308.7K$377.5K
+22.3%
2 $333.2K$359.9K
+8.0%
3 $445K$499K
+12.1%
4 $650K$624.9K
-3.8%
5+ $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 2024Apr 2024CHANGE
513566+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

# BEDSMar 2024Apr 2024CHANGE
1 56
+20.0%
2 2425
+4.2%
3 148168
+13.5%
4 265286
+7.9%
5+ 7181
+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 2024Apr 2024CHANGE
6978+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

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Boerne, you may be able to get a good deal. 65.4% of homes here sold below asking price last month.

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 2023Apr 2024CHANGE
69 Days67 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

Breakdown of Home Sale Times

Key Takeaway

Many homes in Boerne are selling fast, if you're buying plan to act quickly.

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.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated Apr 1, 2024

Newest Listings in Boerne, TX

Nearby Markets to Boerne, TX