Is Buda, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Buda was a Seller's Market.
Housing Prices in Buda, TX
How much do homes in Buda, TX cost?
Median Sold Price
$414,357
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Buda was $414,357 in February 2024, down 16.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $391.5K | $575K | +46.9% |
3 Bedrooms | $435K | $360K | -17.2% |
4 Bedrooms | $544.5K | $450K | -17.4% |
5+ Bedrooms | $630K | $564K | -10.5% |
Summary: Buda housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.9%, 3 bedroom homes decreased by 17.2%, 4 bedroom homes decreased by 17.4%, and 5+ bedroom homes decreased by 10.5%.
Housing Supply in Buda, TX
How many homes are available in Buda, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
182 | 198 | +8.8% |
Summary: The Buda real estate market had 198 homes for sale in February 2024, a 8.8% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 1 | 0.0% |
3 Bedrooms | 93 | 101 | +8.6% |
4 Bedrooms | 70 | 78 | +11.4% |
5+ Bedrooms | 18 | 18 | 0.0% |
Summary: The Buda housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 11.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
33 | 27 | -18.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 27 homes were sold or pending in Buda in February 2024, down by 18.2% month-over-month. Of the 27 sold homes, 70% were sold under asking, 7% were sold at asking, and 22% were sold over asking.
Days on Market for Buda, TX
How long does it take to sell a home in Buda, TX?
Average Sale Time
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
74 Days | 56 Days | -23.6% |
Summary: Homes in Buda had an average of 56 days on market in Feb 2024, down by 23.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During February 2024, 27 homes were sold in Buda; 37% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.