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 42,622 people, 14,884 houses or apartments, and a median cost of homes of $335,096, 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 87.57% of the city's housing units. Other types of housing that are prevalent in Schertz include large apartment complexes or high rise apartments ( 8.18%), mobile homes or trailers ( 2.87%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.08%).
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 78.27% of Schertz's homes, and 79.48% 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. 51.70% 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 ( 39.07%), and between 1940-1969 ( 8.34%).
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 111.57% over the last ten years, which is an average annual home appreciation rate of 7.78%, 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 4.88%, has been at or slightly above the national average. In the latest quarter, Schertz's appreciation rate has been 1.15%, which annualizes to a rate of 4.70%.
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 60% 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.
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