Is Kyle-Buda, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Kyle-Buda was a Seller's Market.
Housing Prices in Kyle-Buda, TX
How much do homes in Kyle-Buda, TX cost?
Median Sold Price
$369,643
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Kyle-Buda was $369,643 in May 2024, down 7.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $417.5K | - | N/A |
2 Bedrooms | $299.2K | $289.5K | -3.3% |
3 Bedrooms | $362.4K | $335K | -7.6% |
4 Bedrooms | $435.5K | $407.9K | -6.3% |
5+ Bedrooms | $516.5K | $530K | +2.6% |
Summary: Kyle-Buda housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes increased by 2.6%.
Housing Supply in Kyle-Buda, TX
How many homes are available in Kyle-Buda, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
1,007 | 1,203 | +19.5% |
Summary: The Kyle-Buda real estate market had 1,203 homes for sale in May 2024, a 19.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 21 | +50.0% |
3 Bedrooms | 465 | 549 | +18.1% |
4 Bedrooms | 453 | 533 | +17.7% |
5+ Bedrooms | 75 | 100 | +33.3% |
Summary: The Kyle-Buda housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 18.1%, 4 bedroom homes increased by 17.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
143 | 192 | +34.3% |
Asking Price vs. Sold Price
103 Homes Were Sold
Under Asking
63 Homes Were Sold
At Asking
26 Homes Were Sold
Over Asking
Summary: A total of 192 homes were sold or pending in Kyle-Buda in May 2024, up by 34.3% month-over-month. Of the 192 sold homes, 54% were sold under asking, 33% were sold at asking, and 14% were sold over asking.
Days on Market for Kyle-Buda, TX
How long does it take to sell a home in Kyle-Buda, TX?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
68 Days | 58 Days | -14.8% |
Summary: Homes in Kyle-Buda had an average of 58 days on market in May 2024, down by 14.8% compared to last year.
Breakdown of Home Sale Times
91 Homes Were Sold
Under 30 Days
62 Homes Were Sold
In 30 - 90 Days
39 Homes Were Sold
Over 90 Days
Summary: During May 2024, 192 homes were sold in Kyle-Buda; 47% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.