Is Kyle-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, 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
$375,030
$197/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Kyle-Buda was $375,030 in February 2024, down 9.4% from last year, and the median price per square foot was $197.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $417.5K | - | N/A |
2 Bedrooms | $310K | $290K | -6.5% |
3 Bedrooms | $389.9K | $339.2K | -13.0% |
4 Bedrooms | $453.5K | $421.6K | -7.0% |
5+ Bedrooms | $564.9K | $500K | -11.5% |
Summary: Kyle-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 decreased by 6.5%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes decreased by 11.5%.
Housing Supply in Kyle-Buda, TX
How many homes are available in Kyle-Buda, TX?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
600 | 645 | +7.5% |
Summary: The Kyle-Buda real estate market had 645 homes for sale in February 2024, a 7.5% 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 | 11 | 8 | -27.3% |
3 Bedrooms | 280 | 305 | +8.9% |
4 Bedrooms | 263 | 287 | +9.1% |
5+ Bedrooms | 46 | 45 | -2.2% |
Summary: The Kyle-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 decreased by 27.3%, 3 bedroom homes increased by 8.9%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes decreased by 2.2%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
100 | 89 | -11.0% |
Asking Price vs. Sold Price
60 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Summary: A total of 89 homes were sold or pending in Kyle-Buda in February 2024, down by 11.0% month-over-month. Of the 89 sold homes, 67% were sold under asking, 18% were sold at asking, and 15% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
81 Days | 88 Days | +8.4% |
Summary: Homes in Kyle-Buda had an average of 88 days on market in Feb 2024, up by 8.4% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
30 Homes Were Sold
Over 90 Days
Summary: During February 2024, 89 homes were sold in Kyle-Buda; 34% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.