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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Schertz is a buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Schertz, TX

How much do homes in Schertz, TX cost?

Median Sold Price

$325,000

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$15,333(-4.5%)

Key Takeaway

Homes in Schertz have sold for 4.5% less than they did a year ago.

Summary: The median home sold price in Schertz was $325,000 in November 2024, down 4.5% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $139K$730K
+425.2%
2 $226.4K$220K
-2.8%
3 $300.7K$289.9K
-3.6%
4 $388.6K$379K
-2.5%
5+ $462K$438K
-5.2%

Summary: Schertz housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 425.2%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes decreased by 5.2%.

Median Sold Price Compared To Nearby Cities

Universal City
+1.9%
San Antonio Northeast
-1.9%
Schertz
-3.5%
Schertz
-4.5%
Cibolo
-4.7%

Housing Supply in Schertz, TX

How many homes are available in Schertz, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
305295-3.3%

Summary: The Schertz real estate market had 295 homes for sale in November 2024, a 3.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 96
-33.3%
3 140135
-3.6%
4 127127
0.0%
5+ 2827
-3.6%

Summary: The Schertz housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 3.6%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6036-40.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Schertz, you may be able to get a good deal. 52.8% of homes here sold below asking price last month.

Summary: A total of 36 homes were sold or pending in Schertz in November 2024, down by 40.0% month-over-month. Of the 36 sold homes, 53% were sold under asking, 36% were sold at asking, and 11% 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

Nov 2023Nov 2024CHANGE
87 Days98 Days+12.9%

Summary: Homes in Schertz had an average of 98 days on market in Nov 2024, up by 12.9% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 36 homes were sold in Schertz; 25% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 44% 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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