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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cibolo is a neutral's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

Cibolo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Cibolo, TX

How much do homes in Cibolo, TX cost?

Median Sold Price

$360,707

$152/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,707(+1.6%)

Key Takeaway

Homes in Cibolo have sold for 1.6% more than they did a year ago.

Summary: The median home sold price in Cibolo was $360,707 in March 2024, up 1.6% from last year, and the median price per square foot was $152.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $237K$227.4K
-4.0%
3 $308K$310.8K
+0.9%
4 $373K$372K
-0.3%
5+ $420K$410K
-2.4%

Summary: Cibolo housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Cibolo
+1.6%
Schertz
0.3%
Schertz
-1.6%
San Antonio Northeast
-3.5%
Schertz-Cibolo
-4.2%

Housing Supply in Cibolo, TX

How many homes are available in Cibolo, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
256278+8.6%

Summary: The Cibolo real estate market had 278 homes for sale in March 2024, a 8.6% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 7893
+19.2%
4 138140
+1.4%
5+ 3943
+10.3%

Summary: The Cibolo housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 19.2%, 4 bedroom homes increased by 1.4%, and 5+ bedroom homes increased by 10.3%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
3541+17.1%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cibolo, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Cibolo in March 2024, up by 17.1% month-over-month. Of the 41 sold homes, 54% were sold under asking, 27% were sold at asking, and 20% were sold over asking.

Days on Market for Cibolo, TX

How long does it take to sell a home in Cibolo, TX?

Average Sale Time

Mar 2023Mar 2024CHANGE
81 Days98 Days+20.0%

Summary: Homes in Cibolo had an average of 98 days on market in Mar 2024, up by 20% compared to last year.

Breakdown of Home Sale Times

10 Homes Were Sold
Under 30 Days

10 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cibolo are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During March 2024, 41 homes were sold in Cibolo; 24% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 51% 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 19 Days Ago

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