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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Schertz is a seller's market

Buyer's
Market

Difference Since March 2023

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

Key Takeaway

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

Housing Prices in Schertz, TX

How much do homes in Schertz, TX cost?

Median Sold Price

$339,350

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

-$5,607(-1.6%)

Key Takeaway

Homes in Schertz have sold for 1.6% less than they did a year ago.

Summary: The median home sold price in Schertz was $339,350 in March 2024, down 1.6% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 -$139K
N/A
2 $227.5K$229.9K
+1.1%
3 $300K$303K
+1.0%
4 $380.6K$389.4K
+2.3%
5+ $445K$459.5K
+3.3%

Summary: Schertz 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 increased by 1.1%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 3.3%.

Median Sold Price Compared To Nearby Cities

Cibolo
+1.6%
Schertz
0.3%
Schertz
-1.6%
Universal City
-3.0%
San Antonio Northeast
-3.5%

Housing Supply in Schertz, TX

How many homes are available in Schertz, TX?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
287301+4.9%

Summary: The Schertz real estate market had 301 homes for sale in March 2024, a 4.9% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 123137
+11.4%
4 131135
+3.1%
5+ 2724
-11.1%

Summary: The Schertz 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 decreased by 16.7%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes decreased by 11.1%.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
4957+16.3%

Asking Price vs. Sold Price

34 Homes Were Sold
Under Asking

20 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Schertz, you may be able to get a good deal. 59.6% of homes here sold below asking price last month.

Summary: A total of 57 homes were sold or pending in Schertz in March 2024, up by 16.3% month-over-month. Of the 57 sold homes, 60% were sold under asking, 35% were sold at asking, and 5% were sold over asking.

Days on Market for Schertz, TX

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

Average Sale Time

Mar 2023Mar 2024CHANGE
58 Days76 Days+30.4%

Summary: Homes in Schertz had an average of 76 days on market in Mar 2024, up by 30.4% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

21 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During March 2024, 57 homes were sold in Schertz; 37% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 37% 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 18 Days Ago

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