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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



New Braunfels, TX Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

New Braunfels, TX Housing Market Trends

With 104,707 people, 36,068 houses or apartments, and a median cost of homes of $357,126, New Braunfels real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in New Braunfels, accounting for 68.21% of the city's housing units. Other types of housing that are prevalent in New Braunfels include large apartment complexes or high rise apartments ( 20.51%), mobile homes or trailers ( 3.91%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.90%).

The most prevalent building size and type in New Braunfels are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 63.09% owning and 36.91% renting.

New Braunfels homes and real estate are some of the newest in America. 58.20% of New Braunfels's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the New Braunfels real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 28.32%), and between 1940-1969 ( 9.71%). There's also some housing in New Braunfels built before 1939 ( 3.76%).

New Braunfels Home Appreciation Rates

Appreciation rates for homes in New Braunfels have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 108.49%, which ranks in the top 30% nationwide. This equates to an annual average New Braunfels house appreciation rate of 7.62%.

Over the last year, New Braunfels appreciation rates have trailed the rest of the nation. In the last twelve months, New Braunfels's appreciation rate has been 1.52%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in New Braunfels were at -0.96%, which equates to an annual appreciation rate of -3.79%.

Notably, New Braunfels's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that New Braunfels's latest annual appreciation rate is lower than 70% of the other cities and towns in Texas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within New Braunfels differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in New Braunfels - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best New Braunfels real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$357,126

New Braunfels, TX Home Prices
> $1,347,000
$1,010,001 - $1,347,000
$673,001 - $1,010,000
$538,001 - $673,000
$404,001 - $538,000
$269,001 - $404,000
$135,001 - $269,000
$67,001 - $135,000
$0 - $67,000
1.4%
1.4%
2.1%
2.1%
8.1%
8.1%
10.1%
10.1%
23.1%
23.1%
36.8%
36.8%
11.1%
11.1%
3.5%
3.5%
3.8%
3.8%
0% 100.0%
% of Homes
Very High

for Texas

High

for nation

Number of Homes And Apartments:

36,068

New Braunfels Appreciation Rates

Rent & Ownership

Average Market Rent:

$2,161 / per month

Homeownership Rate

Owners
Renters
63.1%
63.1%
36.9%
36.9%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
7.7%
7.7%
92.3%
92.3%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
58.2%
58.2%
28.3%
28.3%
9.7%
9.7%
3.8%
3.8%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
68.2%
68.2%
3.4%
3.4%
3.9%
3.9%
20.5%
20.5%
3.9%
3.9%
0.1%
0.1%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
1.8%
1.8%
11.8%
11.8%
20.5%
20.5%
41.0%
41.0%
21.9%
21.9%
3.0%
3.0%
0% 100.0%
% of Homes