Is New Braunfels, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
At the same time last year, New Braunfels was a Seller's Market.
Housing Prices in New Braunfels, TX
How much do homes in New Braunfels, TX cost?
Median Sold Price
$384,817
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in New Braunfels was $384,817 in June 2024, down 2.7% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $340K | $325K | -4.4% |
2 Bedrooms | $385K | $345K | -10.4% |
3 Bedrooms | $349K | $335.1K | -4.0% |
4 Bedrooms | $448.1K | $429.4K | -4.2% |
5+ Bedrooms | $453.7K | $479.3K | +5.6% |
Summary: New Braunfels housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.4%, 2 bedroom homes decreased by 10.4%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 5.6%.
Median Sold Price Compared To Nearby Cities
New Braunfels | $395.5K | $384.8K | -2.7% |
Schertz-Cibolo | $350K | $338.9K | -3.2% |
Canyon Lake | $474.9K | $454.9K | -4.2% |
Housing Supply in New Braunfels, TX
How many homes are available in New Braunfels, TX?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
1,323 | 1,424 | +7.6% |
Summary: The New Braunfels real estate market had 1,424 homes for sale in June 2024, a 7.6% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 8 | -11.1% |
2 Bedrooms | 46 | 51 | +10.9% |
3 Bedrooms | 590 | 631 | +6.9% |
4 Bedrooms | 568 | 621 | +9.3% |
5+ Bedrooms | 110 | 113 | +2.7% |
Summary: The New Braunfels housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 11.1%, 2 bedroom homes increased by 10.9%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 2.7%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
193 | 164 | -15.0% |
Asking Price vs. Sold Price
120 Homes Were Sold
Under Asking
33 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 164 homes were sold or pending in New Braunfels in June 2024, down by 15.0% month-over-month. Of the 164 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.
Days on Market for New Braunfels, TX
How long does it take to sell a home in New Braunfels, TX?
Average Sale Time
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
85 Days | 85 Days | 0.0% |
Summary: Homes in New Braunfels had an average of 85 days on market in Jun 2024, up by 0% compared to last year.
Breakdown of Home Sale Times
52 Homes Were Sold
Under 30 Days
54 Homes Were Sold
In 30 - 90 Days
58 Homes Were Sold
Over 90 Days
Summary: During June 2024, 164 homes were sold in New Braunfels; 32% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 35% of homes were sold over 90 days.