Is Buda, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Buda has remained a Seller's Market.
Housing Prices in Buda, TX
How much do homes in Buda, TX cost?
Median Sold Price
$406,828
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Buda was $406,828 in March 2024, down 16.1% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $391.5K | $575K | +46.9% |
3 Bedrooms | $428.7K | $360K | -16.0% |
4 Bedrooms | $516.2K | $449.9K | -12.8% |
5+ Bedrooms | $630K | $568K | -9.8% |
Summary: Buda housing prices by bedroom type for March 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 16%, 4 bedroom homes decreased by 12.8%, and 5+ bedroom homes decreased by 9.8%.
Housing Supply in Buda, TX
How many homes are available in Buda, TX?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
207 | 243 | +17.4% |
Summary: The Buda real estate market had 243 homes for sale in March 2024, a 17.4% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 0 | -100.0% |
3 Bedrooms | 103 | 125 | +21.4% |
4 Bedrooms | 86 | 99 | +15.1% |
5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The Buda housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 21.4%, 4 bedroom homes increased by 15.1%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
32 | 47 | +46.9% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Buda in March 2024, up by 46.9% month-over-month. Of the 46 sold homes, 63% were sold under asking, 24% were sold at asking, and 13% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
79 Days | 54 Days | -31.7% |
Summary: Homes in Buda had an average of 54 days on market in Mar 2024, down by 31.7% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
11 Homes Were Sold
Over 90 Days
Summary: During March 2024, 47 homes were sold in Buda; 60% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.