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 2019. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2017 (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 40,092, 13,167 total housing units (homes and apartments), and a median house value of $244,338, Schertz real estate is some of the most expensive in Texas, although Schertz home values aren't among America's most expensive.

Single-family detached homes are the single most common housing type in Schertz, accounting for 81.42% of the city's housing units. Other types of housing that are prevalent in Schertz include large apartment complexes or high rise apartments ( 9.56%), mobile homes or trailers ( 6.11%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.97%).

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 74.44% of Schertz's homes, and 76.98% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Schertz built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Schertz built between 2000 and later ( 45.25%). A lesser amount of the housing stock also hails from between 1940-1969 ( 6.73%). There's also some housing in Schertz built before 1939 ( 1.18%).

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 43.23% over the last ten years, which is an average annual home appreciation rate of 3.66%, putting Schertz in the top 10% 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.

Appreciation rates are so strong in Schertz that despite a nationwide downturn in the housing market, Schertz real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Schertz appreciation rates continue to be some of the highest in America, at 10.54%, which is higher than appreciation rates in 92.71% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Schertz. Schertz appreciation rates in the latest quarter were at 2.17%, which equates to an annual appreciation rate of 8.97%.

Importantly, this makes Schertz one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Texas, our data show that Schertz's latest annual appreciation rate is higher than 90% 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:
$244,338

Schertz, TX HOME PRICES

Value Range
> $1,291,000 0.5
$968,001 - $1,291,000 0.0
$645,001 - $968,000 0.2
$516,001 - $645,000 1.8
$387,001 - $516,000 8.3
$258,001 - $387,000 32.6
$129,001 - $258,000 44.4
$65,001 - $129,000 7.4
$0 - $65,000 4.9

Very High for TX
High for Nation

Value Relative to Nation Value Relative to State
27.5445255474453 14.1610087293889

Number Of Homes And Apartments:
13,167

Schertz Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2018 Q4 - 2019 Q1
Last 12 Months:
2018 Q1 - 2019 Q1
Last 2 Years:
2017 Q1 - 2019 Q1
Last 5 Years:
2014 Q1 - 2019 Q1
Last 10 Years:
2009 Q1 - 2019 Q1
Since 2000:
2000 Q1 - 2019 Q1
96.83% 3.58%
6
9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$2,148 / per month

Homeownership Rate

Homeownership
Owners 74.44
Renters 25.56
Vacant 4.52

Housing Market Details

 

Age of Homes

AGE OF Schertz HOMES
2000 or Newer 45.3
1970 - 1999 46.8
1940 - 1969 6.7
1939 or Older 1.2

Types of Homes

TYPE OF Schertz HOMES
Single-Family 81.4
Townhomes 0.8
Small Apt. Buildings 2.0
Apt. Complexes 9.6
Mobile Homes 6.1
Other 0.1

Home Size

SIZE OF Schertz HOMES
No Bedroom 0.57
1 Bedroom 4.32
2 Bedrooms 11.84
3 Bedrooms 44.56
4 Bedrooms 32.43
5 or more bedrooms 6.28