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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 43,010, 15,199 total housing units (homes and apartments), and a median house value of $365,696, 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 87.85% of the city's housing units. Other types of housing that are prevalent in Schertz include large apartment complexes or high rise apartments ( 7.74%), mobile homes or trailers ( 2.83%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.39%).
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 77.72% of Schertz's homes, and 81.30% 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. 52.66% 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 ( 38.79%), and between 1940-1969 ( 8.16%).
Appreciation rates for homes in Schertz have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 110.62%, which ranks in the top 30% nationwide. This equates to an annual average Schertz house appreciation rate of 7.73%.
Over the last year, Schertz appreciation rates have trailed the rest of the nation. In the last twelve months, Schertz's appreciation rate has been 4.65%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Schertz were at 3.53%, which equates to an annual appreciation rate of 14.87%.
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.
$365,696
for Texas
for nation
15,199
$2,772 / per month