Is New Braunfels, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Braunfels is a seller's market

Buyer's
Market

Difference Since September 2021

Since last year, New Braunfels has remained a Seller's Market.

Key Takeaway

New Braunfels is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in New Braunfels, TX cost?

Median Sold Price

$370,146

$192/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2021

+$70,308(+23.4%)

Key Takeaway

Homes in New Braunfels have sold for 23.4% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSSep 2021Sep 2022%
1 $413.5K$297K
-28.2%
2 $260K$348K
+33.8%
3 $275.2K$345K
+25.4%
4 $320.7K$391.2K
+22.0%
5+ $370K$415.2K
+12.2%

Median Sold Price Compared To Nearby Cities

New Braunfels
+23.4%
Canyon Lake
+22.4%
Schertz-Cibolo
+21.3%
Schertz
+18.8%

How many homes are available in New Braunfels, TX?

Number of Homes For Sale

Aug 2022Sep 2022%
572607+6.1%

Homes For Sale By Bedroom Count

# BEDSAug 2022Sep 2022%
1 23
+50.0%
2 3032
+6.7%
3 265262
-1.1%
4 236272
+15.3%
5+ 3938
-2.6%

Number of Homes Sold

Aug 2022Sep 2022%
108110+1.9%

Asking Price vs. Sold Price

55 Homes Were Sold
Under Asking

29 Homes Were Sold
At Asking

26 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Braunfels, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Average Sale Time

Sep 2021Sep 2022%
25 Days38 Days+52.9%

Breakdown of Home Sale Times

51 Homes Were Sold
Under 30 Days

52 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in New Braunfels has remained consistent over time.

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

About New Braunfels, TX

New Braunfels, TX has 607 homes on the market. Between August 2022 and September 2022, New Braunfels, TX real estate market has seen increase in the number of listings by 6.1%. In September 2022, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $370,146. Between August 2022 and September 2022, listing prices of homes in this real estate market have seen the following changes: 1 bedroom properties prices decreased by 28.2%, 2 bedrooms properties prices increased by 33.8%, prices of 3 bedrooms properties went up by 25.4%, prices of 4 bedrooms properties went up by 22%, 5 bedrooms properties prices increased by 12.2%. The following changes in the number of homes for sale were observed in this housing market: number of 1 bedroom homes increased by 50%, volume of 2 bedrooms homes went up by 6.7%, number of 3 bedrooms homes decreased by 1.1%, volume of 4 bedrooms homes went up by 15.3%, number of 5 bedrooms homes decreased by 2.6%. In September 2022, from all listings sold in New Braunfels, TX there were more than 26 sold above asking price, over 55 sold below and more than 29 were sold right at the asked price.

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