Is Cibolo, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Cibolo is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Cibolo was a Neutral Market.

Key Takeaway

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

Housing Prices in Cibolo, TX

How much do homes in Cibolo, TX cost?

Median Sold Price

$350,265

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,097(-4.7%)

Key Takeaway

Homes in Cibolo have sold for 4.7% less than they did a year ago.

Summary: The median home sold price in Cibolo was $350,265 in November 2024, down 4.7% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $229.9K$225K
-2.2%
3 $313.9K$298K
-5.1%
4 $374.9K$365.5K
-2.5%
5+ $416K$415K
-0.2%

Summary: Cibolo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 2.2%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 0.2%.

Median Sold Price Compared To Nearby Cities

San Antonio Northeast
-1.9%
Schertz
-3.5%
Schertz
-4.5%
Cibolo
-4.7%
Schertz-Cibolo
-5.1%

Housing Supply in Cibolo, TX

How many homes are available in Cibolo, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
318307-3.5%

Summary: The Cibolo real estate market had 307 homes for sale in November 2024, a 3.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 11
0.0%
3 111109
-1.8%
4 165155
-6.1%
5+ 4142
+2.4%

Summary: The Cibolo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 1.8%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes increased by 2.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6728-58.2%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Cibolo, you may be able to get a good deal. 60.7% of homes here sold below asking price last month.

Summary: A total of 28 homes were sold or pending in Cibolo in November 2024, down by 58.2% month-over-month. Of the 28 sold homes, 61% were sold under asking, 39% were sold at asking, and 0% were sold over asking.

Days on Market for Cibolo, TX

How long does it take to sell a home in Cibolo, TX?

Average Sale Time

Nov 2023Nov 2024CHANGE
73 Days105 Days+43.7%

Summary: Homes in Cibolo had an average of 105 days on market in Nov 2024, up by 43.7% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

15 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Cibolo are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 28 homes were sold in Cibolo; 14% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 54% 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 17 Days Ago

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