About the New Braunfels Housing Market
Treading back east, New Braunfels, Texas, is located halfway between Austin and San Antonio and is known for its Germanic and Hispanic heritage. The city is also surrounded by natural landscapes, including natural bridge caverns and the Comal and Guadalupe rivers that have parks and bike paths on their banks. The world-famous waterpark Schlitterbahn offers some relief from the heat of the hot Texas summers.
New Braunfels has a strong economy, with a low unemployment rate and a growing number of businesses. This makes it an attractive place for people who are looking for jobs. The city has a low unemployment rate and a growing number of businesses. This makes it an attractive place for people who are looking for jobs.
New Braunfels also has a diverse economy that includes manufacturing, healthcare, tourism, and retail. The city has attracted several major employers in recent years, including Amazon, Caterpillar, and Sysco. The city has invested in infrastructure improvements in recent years, including new roads, parks, and water treatment facilities, to accommodate the growing population.
Median Household Income: $76,890
Metro Population: 104,707
11-Year Population Growth: 76.03%
Median Home Price: $344,500
Median Rent Per Month: $1,920
1-Year Equity Growth: -10% (due to rising rates)
8-Year Equity Growth : 145%
1-Year Rent Growth: 2.4%
8-Year Rent Growth (January 2014 – December 2022): 21.4%
Job Growth: +4,400 CES jobs created over the last year
1-Year Job Growth Rate: 4.17%
Unemployment Rate: 3.8%
Tenant Laws: Landlord-Friendly
What to Like
Low cost of living
Strong job market
Safe & friendly neighborhoods
Beautiful scenery
What to Watch Out For
Rapid growth rate
Lack of public transport
Summer heat
– New Braunfels has a number of attractions that appeal to families, including Schlitterbahn Waterpark, the Natural Bridge Caverns, and the San Marcos River. The city also has a number of parks, playgrounds, and other amenities that make it a great place to raise children.
– This major interstate highway connects San Antonio and Austin, two of the fastest-growing cities in Texas. New Braunfels is located just off I-35, making it a convenient destination for people who commute to either city.
– New Braunfels is known for its German heritage, its outdoor recreation opportunities, and its family-friendly atmosphere. This reputation has attracted people from all over the country who are looking for a place to live, work, and raise a family.
– New Braunfels is known for its friendly people. The community is very welcoming and supportive. New Braunfels is a diverse city, with people from all over the world. The city also has a number of good public schools, as well as private schools.
– New Braunfels has a relatively low cost of living compared to other parts of Texas. The median home price is around $300,000, and the median rent is around $1,000 per month. New Braunfels has a variety of amenities, such as shopping, restaurants, and entertainment.
Population growth
According to the US Census Bureau, the population of New Braunfels grew from 57,740 in 2010 to an estimated 93,607 in 2020, representing an increase of over 60%. On the one hand, it has led to an increase in jobs and economic development. On the other hand, it has also put a strain on infrastructure and resources, such as water and schools. The city is working to address these challenges, but it is clear that New Braunfels is a city on the rise.
Safe and health conscious
New Braunfels is a great place for people who enjoy an active lifestyle. There are many opportunities to participate in sports, such as hiking, biking, swimming, and golfing. There are also many festivals and events throughout the year, such as Wurstfest and Schlitterbahn Waterpark.
Steady home price appreciation
The city’s housing market has also been growing rapidly, with median home prices increasing by over 50% from 2015 to 2021, according to Zillow. Home prices in New Braunfels, Texas have appreciated significantly over the past 10 years. The median home value in New Braunfels was $214,300 in 2013. As of July 2023, the median home value is $382,982, an increase of 81.2%.
Purchasing Property in New Braunfels
New Braunfels is located in the heart of the Texas Hill Country, between San Antonio and Austin. This makes it a convenient destination for people who want to live in a beautiful, rural area but still be close to major cities.
New Braunfels is a popular tourist destination, with attractions like the Schlitterbahn water park and the Gruene Historic District drawing visitors from around the country. The Texas Hill Country is a beautiful region known for its rolling hills, lush forests, and numerous rivers and lakes. New Braunfels is located in the heart of the Hill Country, making it a popular destination for people who want to enjoy the outdoors.
New Braunfels is located just 30 miles from San Antonio, which offers a variety of amenities and attractions. The fastest growing neighborhoods in New Braunfels are Vintage Oaks, RIver Chase, Veramendi, Meyer Ranch, and Canyon Creek.
New Braunfels, Texas
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