Is New Braunfels, 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, New Braunfels was a Seller's Market.
Housing Prices in New Braunfels, TX
How much do homes in New Braunfels, TX cost?
Median Sold Price
$386,915
$196/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in New Braunfels was $386,915 in April 2024, down 0.5% from last year, and the median price per square foot was $196.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $297K | $325K | +9.4% |
2 Bedrooms | $381.2K | $382.5K | 0.3% |
3 Bedrooms | $344.4K | $338.6K | -1.7% |
4 Bedrooms | $433.7K | $430.1K | -0.8% |
5+ Bedrooms | $430K | $500K | +16.3% |
Summary: New Braunfels housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 9.4%, 2 bedroom homes increased by 0.3%, 3 bedroom homes decreased by 1.7%, 4 bedroom homes decreased by 0.8%, and 5+ bedroom homes increased by 16.3%.
Median Sold Price Compared To Nearby Cities
New Braunfels | $388.7K | $386.9K | -0.5% |
Schertz-Cibolo | $350K | $340.2K | -2.8% |
Canyon Lake | $513.7K | $453.8K | -11.7% |
Housing Supply in New Braunfels, TX
How many homes are available in New Braunfels, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
1,121 | 1,269 | +13.2% |
Summary: The New Braunfels real estate market had 1,269 homes for sale in April 2024, a 13.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 51 | 56 | +9.8% |
3 Bedrooms | 475 | 546 | +14.9% |
4 Bedrooms | 502 | 546 | +8.8% |
5+ Bedrooms | 84 | 111 | +32.1% |
Summary: The New Braunfels housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 9.8%, 3 bedroom homes increased by 14.9%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 32.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
170 | 164 | -3.5% |
Asking Price vs. Sold Price
89 Homes Were Sold
Under Asking
50 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Summary: A total of 164 homes were sold or pending in New Braunfels in April 2024, down by 3.5% month-over-month. Of the 163 sold homes, 55% were sold under asking, 31% were sold at asking, and 15% were sold over asking.
Days on Market for New Braunfels, TX
How long does it take to sell a home in New Braunfels, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
80 Days | 92 Days | +15.3% |
Summary: Homes in New Braunfels had an average of 92 days on market in Apr 2024, up by 15.3% compared to last year.
Breakdown of Home Sale Times
49 Homes Were Sold
Under 30 Days
48 Homes Were Sold
In 30 - 90 Days
67 Homes Were Sold
Over 90 Days
Summary: During April 2024, 164 homes were sold in New Braunfels; 30% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.