Karina Gafford

Schertz, TX

Single-Family Homes



Schertz, TX

Mon Dec 11 2023
This week the median list price for Schertz, TX is $382,450 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has decreased to 162. Click here to stay informed with the Schertz market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Schertz, TX

Mon Dec 11 2023
This week the median list price for Schertz, TX is $382,450 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has decreased to 162. Click here to stay informed with the Schertz market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Schertz market.
Median List Price $382,450
Median Price of New Listings $329,990
Per Square Foot $179
Average Days on Market 92
Median Days on Market 74
Price Decreased 55%
Price Increased 1%
Relisted 7%
Inventory 162
Median Rent
Market Action 30
Slight Seller's Advantage

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$607,500 2,874 0.25 - 0.5 acre 4 3 0 1 4 98
$444,559 2,422 4,500 - 6,500 sqft 4 3 0 3 2 84
$334,000 2,197 6,500 - 8,000 sqft 3 2.5 18 5 4 56
$279,900 1,608 6,500 - 8,000 sqft 3 2 18 6 5 63