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 buyer's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

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

Housing Prices in Schertz-Cibolo, TX

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

Median Sold Price

$329,999

$161/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$17,551(-5.1%)

Key Takeaway

Homes in Schertz-Cibolo have sold for 5.1% less than they did a year ago.

Summary: The median home sold price in Schertz-Cibolo was $329,999 in November 2024, down 5.1% from last year, and the median price per square foot was $161.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $139K$72K
-48.2%
2 $234.5K$222.5K
-5.1%
3 $309.9K$294K
-5.1%
4 $371K$361.2K
-2.6%
5+ $420K$410K
-2.4%

Summary: Schertz-Cibolo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 48.2%, 2 bedroom homes decreased by 5.1%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes decreased by 2.4%.

Median Sold Price Compared To Nearby Cities

Schertz
-4.5%
Cibolo
-4.7%
Schertz-Cibolo
-5.1%
Marion
-15.4%

Housing Supply in Schertz-Cibolo, TX

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
767765-0.3%

Summary: The Schertz-Cibolo real estate market had 765 homes for sale in November 2024, a 0.3% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 1613
-18.8%
3 338332
-1.8%
4 339343
+1.2%
5+ 7275
+4.2%

Summary: The Schertz-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 decreased by 18.8%, 3 bedroom homes decreased by 1.8%, 4 bedroom homes increased by 1.2%, and 5+ bedroom homes increased by 4.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13785-38.0%

Asking Price vs. Sold Price

53 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

6 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. 62.4% of homes here sold below asking price last month.

Summary: A total of 85 homes were sold or pending in Schertz-Cibolo in November 2024, down by 38.0% month-over-month. Of the 85 sold homes, 62% were sold under asking, 31% were sold at asking, and 7% 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

Nov 2023Nov 2024CHANGE
84 Days99 Days+17.5%

Summary: Homes in Schertz-Cibolo had an average of 99 days on market in Nov 2024, up by 17.5% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

36 Homes Were Sold
In 30 - 90 Days

34 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Schertz-Cibolo has remained consistent over time.

Summary: During November 2024, 85 homes were sold in Schertz-Cibolo; 18% of homes were sold within 30 days, 42% 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 21 Days Ago

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