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 buyer's market

Buyer's
Market

Difference Since September 2023

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

Key Takeaway

Schertz-Cibolo is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Schertz-Cibolo, TX

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

Median Sold Price

$335,014

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

-$13,611(-3.9%)

Key Takeaway

Homes in Schertz-Cibolo have sold for 3.9% less than they did a year ago.

Summary: The median home sold price in Schertz-Cibolo was $335,014 in September 2024, down 3.9% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $139K-
N/A
2 $239.2K$230K
-3.9%
3 $309.9K$299K
-3.5%
4 $369.3K$365K
-1.2%
5+ $420K$410K
-2.4%

Summary: Schertz-Cibolo housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.9%, 3 bedroom homes decreased by 3.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Cibolo
-2.9%
Schertz
-3.3%
Schertz-Cibolo
-3.9%
Marion
-8.2%

Housing Supply in Schertz-Cibolo, TX

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

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
778771-0.9%

Summary: The Schertz-Cibolo real estate market had 771 homes for sale in September 2024, a 0.9% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 11
0.0%
2 1416
+14.3%
3 328333
+1.5%
4 358343
-4.2%
5+ 7778
+1.3%

Summary: The Schertz-Cibolo housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 4.2%, and 5+ bedroom homes increased by 1.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
13688-35.3%

Asking Price vs. Sold Price

47 Homes Were Sold
Under Asking

30 Homes Were Sold
At Asking

11 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. 53.4% of homes here sold below asking price last month.

Summary: A total of 88 homes were sold or pending in Schertz-Cibolo in September 2024, down by 35.3% month-over-month. Of the 88 sold homes, 53% were sold under asking, 34% were sold at asking, and 13% 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

Sep 2023Sep 2024CHANGE
69 Days95 Days+37.3%

Summary: Homes in Schertz-Cibolo had an average of 95 days on market in Sep 2024, up by 37.3% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

32 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Schertz-Cibolo has remained consistent over time.

Summary: During September 2024, 88 homes were sold in Schertz-Cibolo; 23% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 36% 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 26 Days Ago

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