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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Schertz-Cibolo is a neutral's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

Schertz-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 Schertz-Cibolo, TX

How much do homes in Schertz-Cibolo, TX cost?

Median Sold Price

$340,269

$164/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,730(-2.8%)

Key Takeaway

Homes in Schertz-Cibolo have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Schertz-Cibolo was $340,269 in April 2024, down 2.8% from last year, and the median price per square foot was $164.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $245K$139K
-43.3%
2 $225K$234.5K
+4.2%
3 $315K$309K
-1.9%
4 $375K$370K
-1.3%
5+ $415K$415K
0.0%

Summary: Schertz-Cibolo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.3%, 2 bedroom homes increased by 4.2%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Marion
+32.9%
Cibolo
+0.6%
Schertz
-1.3%
Schertz-Cibolo
-2.8%

Housing Supply in Schertz-Cibolo, TX

How many homes are available in Schertz-Cibolo, TX?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
669747+11.7%

Summary: The Schertz-Cibolo real estate market had 747 homes for sale in April 2024, a 11.7% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 1212
0.0%
3 298344
+15.4%
4 293321
+9.6%
5+ 6670
+6.1%

Summary: The Schertz-Cibolo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.4%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 6.1%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
127113-11.0%

Asking Price vs. Sold Price

51 Homes Were Sold
Under Asking

41 Homes Were Sold
At Asking

21 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Schertz-Cibolo, you may be able to get a good deal. 45.1% of homes here sold below asking price last month.

Summary: A total of 113 homes were sold or pending in Schertz-Cibolo in April 2024, down by 11.0% month-over-month. Of the 113 sold homes, 45% were sold under asking, 36% were sold at asking, and 19% were sold over asking.

Days on Market for Schertz-Cibolo, TX

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

Average Sale Time

Apr 2023Apr 2024CHANGE
67 Days86 Days+27.9%

Summary: Homes in Schertz-Cibolo had an average of 86 days on market in Apr 2024, up by 27.9% compared to last year.

Breakdown of Home Sale Times

41 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

42 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 113 homes were sold in Schertz-Cibolo; 36% of homes were sold within 30 days, 27% 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 9 Days Ago

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