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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Schertz-Cibolo is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Schertz-Cibolo has remained a Seller's Market.

Key Takeaway

Schertz-Cibolo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Schertz-Cibolo, TX

How much do homes in Schertz-Cibolo, TX cost?

Median Sold Price

$329,999

$160/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$19,882(-5.7%)

Key Takeaway

Homes in Schertz-Cibolo have sold for 5.7% less than they did a year ago.

Summary: The median home sold price in Schertz-Cibolo was $329,999 in October 2024, down 5.7% from last year, and the median price per square foot was $160.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $139K-
N/A
2 $230K$225K
-2.2%
3 $310K$294.5K
-5.0%
4 $370.8K$363.8K
-1.9%
5+ $420K$410K
-2.4%

Summary: Schertz-Cibolo housing prices by bedroom type for October 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%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Schertz
-5.3%
Cibolo
-5.4%
Schertz-Cibolo
-5.7%
Marion
-9.0%

Housing Supply in Schertz-Cibolo, TX

How many homes are available in Schertz-Cibolo, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7317310.0%

Summary: The Schertz-Cibolo real estate market had 731 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1416
+14.3%
3 323325
+0.6%
4 323317
-1.9%
5+ 7071
+1.4%

Summary: The Schertz-Cibolo housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 1.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
118126+6.8%

Asking Price vs. Sold Price

70 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

18 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Schertz-Cibolo, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Summary: A total of 126 homes were sold or pending in Schertz-Cibolo in October 2024, up by 6.8% month-over-month. Of the 125 sold homes, 56% were sold under asking, 30% were sold at asking, and 14% were sold over asking.

Days on Market for Schertz-Cibolo, TX

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

Average Sale Time

Oct 2023Oct 2024CHANGE
82 Days76 Days-7.2%

Summary: Homes in Schertz-Cibolo had an average of 76 days on market in Oct 2024, down by 7.2% compared to last year.

Breakdown of Home Sale Times

33 Homes Were Sold
Under 30 Days

45 Homes Were Sold
In 30 - 90 Days

47 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 126 homes were sold in Schertz-Cibolo; 26% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 37% 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 20 Days Ago

Newest Listings in Schertz-Cibolo, TX

Nearby Markets to Schertz-Cibolo, TX

What housing markets are near Schertz-Cibolo, TX?