Schertz TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA



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Schertz, TX Real Estate Data

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 Q1 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2018 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Schertz Housing Market Information

With a population of 41,057, 13,508 total housing units (homes and apartments), and a median house value of $248,729, Schertz real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Schertz, accounting for 82.53% of the city's housing units. Other types of housing that are prevalent in Schertz include large apartment complexes or high rise apartments ( 8.90%), mobile homes or trailers ( 5.81%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.89%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Schertz. Owner-occupied housing accounts for 75.20% of Schertz's homes, and 76.20% have either three or four bedrooms, which is average sized relative to America.

Schertz homes and real estate are some of the newest in America. 47.56% of Schertz'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 Schertz real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 44.62%), and between 1940-1969 ( 6.75%). There's also some housing in Schertz built before 1939 ( 1.07%).

Schertz Home Appreciation Rates

In the last 10 years, Schertz has experienced some of the highest home appreciation rates of any community in the nation. Schertz real estate appreciated 55.03% over the last ten years, which is an average annual home appreciation rate of 4.48%, putting Schertz in the top 20% nationally for real estate appreciation. If you are a home buyer or real estate investor, Schertz definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

NeighborhoodScout's data show that during the latest twelve months, Schertz's appreciation rate, at 5.04%, has been at or slightly above the national average. In the latest quarter, Schertz's appreciation rate has been -0.12%, which annualizes to a rate of -0.48%.

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

Relative to Texas, our data show that Schertz's latest annual appreciation rate is lower than 50% 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 Schertz differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Schertz - 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 Schertz real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$248,729

Schertz, TX HOME PRICES

Value Range
> $1,282,000 0.3
$961,001 - $1,282,000 0.3
$640,001 - $961,000 0.7
$512,001 - $640,000 2.5
$384,001 - $512,000 10.1
$256,001 - $384,000 34.4
$128,001 - $256,000 39.8
$64,001 - $128,000 6.8
$0 - $64,000 5.2

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
29.0248175182482 15.5189136760427

Number Of Homes And Apartments:
13,508

Schertz Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2019 Q4 - 2020 Q1
Last 12 Months:
2019 Q1 - 2020 Q1
Last 2 Years:
2018 Q1 - 2020 Q1
Last 5 Years:
2015 Q1 - 2020 Q1
Last 10 Years:
2010 Q1 - 2020 Q1
Since 2000:
2000 Q1 - 2020 Q1
109.13% 3.71%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,065 / per month

Homeownership Rate

Homeownership
Owners 75.20
Renters 24.80
Vacant 4.56

Housing Market Details

 

Age of Homes

AGE OF Schertz HOMES
2000 or Newer 47.6
1970 - 1999 44.6
1940 - 1969 6.8
1939 or Older 1.1

Types of Homes

TYPE OF Schertz HOMES
Single-Family 82.5
Townhomes 0.8
Small Apt. Buildings 1.9
Apt. Complexes 8.9
Mobile Homes 5.8
Other 0.0

Home Size

SIZE OF Schertz HOMES
No Bedroom 0.95
1 Bedroom 3.86
2 Bedrooms 10.93
3 Bedrooms 44.86
4 Bedrooms 31.34
5 or more bedrooms 8.06