Schertz, 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 2020. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2019 (latest available). Updated annually.

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

Schertz, TX Housing Market Trends

With a population of 42,042, 14,149 total housing units (homes and apartments), and a median house value of $254,895, 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 84.66% of the city's housing units. Other types of housing that are prevalent in Schertz include large apartment complexes or high rise apartments ( 8.43%), mobile homes or trailers ( 4.61%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.64%).

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 74.03% of Schertz's homes, and 78.69% 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. 46.37% 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 ( 44.93%), and between 1940-1969 ( 7.77%).

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 61.62% over the last ten years, which is an average annual home appreciation rate of 4.92%, 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.

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 4.75%, 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 1.70%, which equates to an annual appreciation rate of 6.98%.

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.

Average Home Values

 
info

Median Home Value:
$254,895

Schertz, TX HOME PRICES

> $1,248,000
0.3%
0.3%
$935,001 - $1,248,000
0.5%
0.5%
$624,001 - $935,000
0.9%
0.9%
$499,001 - $624,000
2.1%
2.1%
$374,001 - $499,000
12.1%
12.1%
$249,001 - $374,000
37.4%
37.4%
$124,001 - $249,000
36.0%
36.0%
$62,001 - $124,000
5.5%
5.5%
$0 - $62,000
5.2%
5.2%
0.0% 100.0%
% OF HOMES
Value Relative To State

High for Nation

Very High for TX

Value Relative To Nation

Number Of Homes And Apartments:
14,149

Schertz Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2020 Q3 - 2020 Q4
Last 12 Months:
2019 Q4 - 2020 Q4
Last 2 Years:
2018 Q4 - 2020 Q4
Last 5 Years:
2015 Q4 - 2020 Q4
Last 10 Years:
2010 Q4 - 2020 Q4
Since 2000:
2000 Q1 - 2020 Q4
119.62% 3.82%
7
9
* 10 is highest

Rent & Ownership

 
info

Average Market Rent:
$2,009 / per month

Homeownership Rate

Owners
74.0%
74.0%
Renters
26.0%
26.0%
Vacant
3.9%
3.9%
0.0% 100.0%
% OF HOMES

Housing Market Details

 
info

Age of Homes

2000 or Newer
46.4%
46.4%
1970 - 1999
44.9%
44.9%
1940 - 1969
7.8%
7.8%
1939 or Older
0.9%
0.9%
0.0% 100.0%
% OF HOMES

Types of Homes

Single-Family
84.7%
84.7%
Townhomes
0.6%
0.6%
Small Apt. Buildings
1.6%
1.6%
Apt. Complexes
8.4%
8.4%
Mobile Homes
4.6%
4.6%
Other
0.0%
0.0%
0.0% 100.0%
% OF HOMES

Home Size

No Bedroom
1.2%
1.2%
1 Bedroom
3.2%
3.2%
2 Bedrooms
10.8%
10.8%
3 Bedrooms
44.7%
44.7%
4 Bedrooms
34.0%
34.0%
5 or more bedrooms
6.1%
6.1%
0.0% 100.0%
% OF HOMES