New Braunfels, Texas Housing Market

What stands out in New Braunfels?

• Population is up 33.7% over five years: among the fastest population growth of 765 tracked cities. Growth brings tenants and buyers.
• Asking price per square foot has moved -0.4% a year over five years: among the weakest five-year price growth of 765 tracked cities. Appreciation has been weak, so buy for cash flow.

How far have New Braunfels prices fallen?

Asking price per square foot in New Braunfels is 17.5% below its May 2022 high and down 4.9% over the last year. Prices were above the year before in 67% of months since the data starts, so drops here have not always reversed quickly. 25% of sellers have cut their price. Underwrite with no price growth for now and let the seller carry the next cut.

How much more is for sale in New Braunfels than before the pandemic?

There are 1,199 homes for sale in New Braunfels, 45% more than in 2017–2019 at this time of year. That count is up 11% on last year, with 260 new listings this month. More choice means you can walk away from any home priced for the market of three years ago.

Is housing keeping up with New Braunfels's growth?

The population in New Braunfels's ZIP codes grew 33.7% over five years, faster than 99% of the cities we track. Households (+43.7%) grew faster than housing (+40.5%). Demand is outrunning supply. Homes for sale are 45% above 2017–2019 at this time of year.

Is now a good time to buy in New Braunfels?

The median asking price is 25.4% below its Apr 2022 peak. Per square foot the gap is smaller: 17.5% below the May 2022 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower. New Braunfels prices rose in only 74 of the last 111 months. This market goes up and down. Timing matters here. Growth will not rescue a bad price.

There is no rush. Prices are still coming down. Watch the homes you like. Come back after they cut. Let the seller move first.

How much can you negotiate in New Braunfels?

For every 100 homes still for sale, 31 are under contract. In 2017–2019 at this time of year it was 46. The rest are still waiting for a buyer. About 1 in 4 sellers has already dropped their price. Each one has learned their first price was too high. Start your offer below their new price.

The typical New Braunfels listing has been on the market 75 days. There are 1,199 homes for sale in New Braunfels. That is 8.2 times the tightest month on record, but below the peak of 1,247. Supply is growing against last year.

What to do about it

• Search New Braunfels homes listed 90+ days ago that have already cut their price.
• Offer below the reduced price.
• Keep your inspection and financing contingencies.
• Ask the seller to pay closing costs.
• You can lose a few offers here and still win.

When do New Braunfels prices dip?

Across 9 full years, New Braunfels asking prices ran lowest in January, about 3.1% below the year's average. They peaked in July. The most homes for sale show up in September, about 12% above the yearly average. Shop in September for choice, and expect the softest asking prices in January.

How does New Braunfels compare with other Texas markets?

Ranked among the 77 Texas markets we track:

• Asking price: 25th priciest of 77. New Braunfels is at $415,765. Closest: Cedar Hill and Rowlett.
• Buyer competition: 28th most competitive of 67. New Braunfels is at 0.31 buyers per home. Closest: Fort Worth and Denton.
• Time on market: 16th longest time on market of 77. New Braunfels is at a median of 75 days on market. Closest: Temple and College Station.
• Price cuts: 36th most price cuts of 77. New Braunfels is at 25% of sellers cutting. Closest: North Richland Hills and Austin.

What numbers should you underwrite a New Braunfels deal with?

• Price growth to assume — -0.4%/yr. New Braunfels grew 3.4% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, New Braunfels prices are flat. Assume no growth. Prices fell 4.9% over the last year. Use it for timing. The five-year rate is the better guide.
• Months of carrying cost — 3. Budget at least 75 days of holding costs, the current median listing age, when you exit or refinance.
• Odds you cut your price to sell — 1 in 4. 25% of New Braunfels listings have cut their asking price. Underwrite your exit below asking.
• Comp on price per square foot — $198/sqft. The typical New Braunfels listing shrank from 2,547 to 2,145 sqft since Jul 2016. So median price hides real growth: 41% per sqft versus 12% on the median. Comp on median price and you will overpay for small homes.
• Competition when you exit — +11%. Homes for sale in New Braunfels are up 11% on last year, so your resale faces more competition than today's comps did.

Read how price cuts signal a market turning and how we read these numbers, then run the numbers on a deal.

What is the median home price in New Braunfels?

The median asking price in New Braunfels is about $416,000 as of Sep 2026, down 6.7% from a year ago. This is the asking price on homes listed for sale. Sites that report sold prices or estimated home values will show a different number. Our New Braunfels figures cover the 4 ZIP codes with a New Braunfels mailing address, which can reach past city limits.

Is New Braunfels a buyer's or seller's market in 2026?

Buyers have more room in New Braunfels than usual. We compare New Braunfels with 2017–2019 at this time of year: there are 31 pending sales per 100 listings, against 46 then; there are 45% more homes for sale; 25% of sellers have cut their price, against 21% then.

Are New Braunfels home prices going up or down?

The median asking price is 25.4% below its Apr 2022 peak. Per square foot the gap is smaller: 17.5% below the May 2022 high. Part of the drop is smaller homes coming to market. Prices are still falling. Waiting has paid off so far. Let listings age, then come back lower.

What price growth should I assume for New Braunfels?

Assume -0.4% a year. New Braunfels grew 3.4% a year over the decade. Ignore that rate. Most of it landed in the 2020 and 2021 boom. Without the boom, New Braunfels prices are flat. Assume no growth. Prices fell 4.9% over the last year. Use it for timing. The five-year rate is the better guide.

What is the fair market rent in New Braunfels?

HUD's fiscal year 2026 fair market rent for Comal County is $1,426 a month for 2 bedrooms and $1,830 for 3 bedrooms. The figures include tenant-paid utilities and cover the whole county.