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
$339,350
$164/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Schertz was $339,350 in March 2024, down 1.6% from last year, and the median price per square foot was $164.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $139K | N/A |
2 Bedrooms | $227.5K | $229.9K | +1.1% |
3 Bedrooms | $300K | $303K | +1.0% |
4 Bedrooms | $380.6K | $389.4K | +2.3% |
5+ Bedrooms | $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 | $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 |
---|---|---|
287 | 301 | +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
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 6 | 5 | -16.7% |
3 Bedrooms | 123 | 137 | +11.4% |
4 Bedrooms | 131 | 135 | +3.1% |
5+ Bedrooms | 27 | 24 | -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 2024 | Mar 2024 | CHANGE |
---|---|---|
49 | 57 | +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
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 2023 | Mar 2024 | CHANGE |
---|---|---|
58 Days | 76 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
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.