Is New Braunfels, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing New Braunfels is a buyer's market

Buyer's
Market

Difference Since November 2023

Since last year, New Braunfels has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in New Braunfels, TX

How much do homes in New Braunfels, TX cost?

Median Sold Price

$372,147

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$22,677(-5.7%)

Key Takeaway

Homes in New Braunfels have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in New Braunfels was $372,147 in November 2024, down 5.7% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $298.2K$365K
+22.4%
2 $390.2K$315K
-19.3%
3 $337.5K$328.3K
-2.7%
4 $451.1K$412.8K
-8.5%
5+ $503.8K$455K
-9.7%

Summary: New Braunfels housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 22.4%, 2 bedroom homes decreased by 19.3%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 9.7%.

Median Sold Price Compared To Nearby Cities

Canyon Lake
+2.1%
Schertz-Cibolo
-5.1%
New Braunfels
-5.7%

Housing Supply in New Braunfels, TX

How many homes are available in New Braunfels, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,5241,582+3.8%

Summary: The New Braunfels real estate market had 1,582 homes for sale in November 2024, a 3.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 89
+12.5%
2 7282
+13.9%
3 665671
+0.9%
4 660693
+5.0%
5+ 119127
+6.7%

Summary: The New Braunfels housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 13.9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 6.7%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
163157-3.7%

Asking Price vs. Sold Price

105 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

19 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in New Braunfels, you may be able to get a good deal. 66.9% of homes here sold below asking price last month.

Summary: A total of 157 homes were sold or pending in New Braunfels in November 2024, down by 3.7% month-over-month. Of the 157 sold homes, 67% were sold under asking, 21% were sold at asking, and 12% 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

Nov 2023Nov 2024CHANGE
73 Days92 Days+25.4%

Summary: Homes in New Braunfels had an average of 92 days on market in Nov 2024, up by 25.4% compared to last year.

Breakdown of Home Sale Times

35 Homes Were Sold
Under 30 Days

59 Homes Were Sold
In 30 - 90 Days

63 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 157 homes were sold in New Braunfels; 22% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 40% 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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