Is Schertz, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Schertz has remained a Seller's Market.
Housing Prices in Schertz, TX
How much do homes in Schertz, TX cost?
Median Sold Price
$339,966
$167/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Schertz was $339,966 in March 2024, up 0.3% from last year, and the median price per square foot was $167.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $299.5K | $139K | -53.6% |
2 Bedrooms | $222.5K | $215K | -3.4% |
3 Bedrooms | $302K | $308K | +2.0% |
4 Bedrooms | $381.7K | $393.8K | +3.2% |
5+ Bedrooms | $452.5K | $474.9K | +5.0% |
Summary: Schertz housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.6%, 2 bedroom homes decreased by 3.4%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 5%.
Median Sold Price Compared To Nearby Cities
Cibolo | $355K | $360.7K | +1.6% |
Schertz | $339K | $339.9K | 0.3% |
Schertz | $344.9K | $339.3K | -1.6% |
Universal City | $299K | $290K | -3.0% |
San Antonio Northeast | $269.5K | $260K | -3.5% |
Housing Supply in Schertz, TX
How many homes are available in Schertz, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
194 | 182 | -6.2% |
Summary: The Schertz real estate market had 182 homes for sale in March 2024, a 6.2% decrease compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 3 | 0.0% |
3 Bedrooms | 78 | 74 | -5.1% |
4 Bedrooms | 94 | 90 | -4.3% |
5+ Bedrooms | 19 | 15 | -21.1% |
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 remained the same, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 21.1%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
38 | 37 | -2.6% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 37 homes were sold or pending in Schertz in March 2024, down by 2.6% month-over-month. Of the 37 sold homes, 59% were sold under asking, 38% were sold at asking, and 3% 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 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 83 Days | +49.1% |
Summary: Homes in Schertz had an average of 83 days on market in Mar 2024, up by 49.1% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Summary: During March 2024, 37 homes were sold in Schertz; 35% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.