Is Boerne, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Boerne was a Seller's Market.
Housing Prices in Boerne, TX
How much do homes in Boerne, TX cost?
Median Sold Price
$581,495
$222/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Boerne was $581,495 in May 2024, down 0.7% from last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $308.7K | $381.9K | +23.7% |
2 Bedrooms | $346.7K | $363K | +4.7% |
3 Bedrooms | $490K | $499.2K | +1.9% |
4 Bedrooms | $640.6K | $624.9K | -2.5% |
5+ Bedrooms | $800K | $775K | -3.1% |
Summary: Boerne housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 23.7%, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 1.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 3.1%.
Housing Supply in Boerne, TX
How many homes are available in Boerne, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
558 | 629 | +12.7% |
Summary: The Boerne real estate market had 629 homes for sale in May 2024, a 12.7% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 4 | -33.3% |
2 Bedrooms | 28 | 29 | +3.6% |
3 Bedrooms | 161 | 179 | +11.2% |
4 Bedrooms | 279 | 332 | +19.0% |
5+ Bedrooms | 84 | 85 | +1.2% |
Summary: The Boerne housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 33.3%, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 11.2%, 4 bedroom homes increased by 19%, and 5+ bedroom homes increased by 1.2%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
84 | 85 | +1.2% |
Asking Price vs. Sold Price
57 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 85 homes were sold or pending in Boerne in May 2024, up by 1.2% month-over-month. Of the 85 sold homes, 67% were sold under asking, 24% were sold at asking, and 9% were sold over asking.
Days on Market for Boerne, TX
How long does it take to sell a home in Boerne, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
70 Days | 89 Days | +25.9% |
Summary: Homes in Boerne had an average of 89 days on market in May 2024, up by 25.9% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
28 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Summary: During May 2024, 85 homes were sold in Boerne; 34% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.