Is Schertz-Cibolo, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Schertz-Cibolo was a Seller's Market.
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
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
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $245K | $139K | -43.3% |
2 Bedrooms | $225K | $234.5K | +4.2% |
3 Bedrooms | $315K | $309K | -1.9% |
4 Bedrooms | $375K | $370K | -1.3% |
5+ Bedrooms | $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.
Housing Supply in Schertz-Cibolo, TX
How many homes are available in Schertz-Cibolo, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
669 | 747 | +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
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 12 | 12 | 0.0% |
3 Bedrooms | 298 | 344 | +15.4% |
4 Bedrooms | 293 | 321 | +9.6% |
5+ Bedrooms | 66 | 70 | +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 2024 | Apr 2024 | CHANGE |
---|---|---|
127 | 113 | -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
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 2023 | Apr 2024 | CHANGE |
---|---|---|
67 Days | 86 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
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.