Is Buda, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 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
$399,900
$200/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Buda was $399,900 in April 2024, down 15.8% from last year, and the median price per square foot was $200.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $453K | $550K | +21.4% |
3 Bedrooms | $414.5K | $356.4K | -14.0% |
4 Bedrooms | $515K | $439.9K | -14.6% |
5+ Bedrooms | $630K | $560K | -11.1% |
Summary: Buda housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.4%, 3 bedroom homes decreased by 14%, 4 bedroom homes decreased by 14.6%, and 5+ bedroom homes decreased by 11.1%.
Housing Supply in Buda, TX
How many homes are available in Buda, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
256 | 262 | +2.3% |
Summary: The Buda real estate market had 262 homes for sale in April 2024, a 2.3% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 130 | 137 | +5.4% |
4 Bedrooms | 104 | 99 | -4.8% |
5+ Bedrooms | 22 | 26 | +18.2% |
Summary: The Buda housing inventory by bedroom type for April 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 5.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes increased by 18.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
61 | 32 | -47.5% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Buda in April 2024, down by 47.5% month-over-month. Of the 32 sold homes, 53% were sold under asking, 41% were sold at asking, and 6% 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
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
65 Days | 65 Days | -0.7% |
Summary: Homes in Buda had an average of 65 days on market in Apr 2024, down by 0.7% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Buda; 47% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.