Is Kyle-Buda, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kyle-Buda is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Kyle-Buda was a Seller's Market.

Key Takeaway

Kyle-Buda is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Kyle-Buda, TX

How much do homes in Kyle-Buda, TX cost?

Median Sold Price

$361,131

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$15,220(-4.0%)

Key Takeaway

Homes in Kyle-Buda have sold for 4% less than they did a year ago.

Summary: The median home sold price in Kyle-Buda was $361,131 in October 2024, down 4% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$463.5K
N/A
2 $288.2K$285K
-1.1%
3 $343.2K$333.9K
-2.7%
4 $420.5K$398.5K
-5.2%
5+ $524.5K$500K
-4.7%

Summary: Kyle-Buda housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.1%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 4.7%.

Median Sold Price Compared To Nearby Cities

Kyle
-1.5%
Kyle-Buda
-4.0%
Buda
-9.8%

Housing Supply in Kyle-Buda, TX

How many homes are available in Kyle-Buda, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1,0811,079-0.2%

Summary: The Kyle-Buda real estate market had 1,079 homes for sale in October 2024, a 0.2% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1418
+28.6%
3 478498
+4.2%
4 507479
-5.5%
5+ 8284
+2.4%

Summary: The Kyle-Buda housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 28.6%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 5.5%, and 5+ bedroom homes increased by 2.4%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
169148-12.4%

Asking Price vs. Sold Price

89 Homes Were Sold
Under Asking

37 Homes Were Sold
At Asking

22 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kyle-Buda, you may be able to get a good deal. 60.1% of homes here sold below asking price last month.

Summary: A total of 148 homes were sold or pending in Kyle-Buda in October 2024, down by 12.4% month-over-month. Of the 148 sold homes, 60% were sold under asking, 25% 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

Oct 2023Oct 2024CHANGE
79 Days68 Days-13.9%

Summary: Homes in Kyle-Buda had an average of 68 days on market in Oct 2024, down by 13.9% compared to last year.

Breakdown of Home Sale Times

45 Homes Were Sold
Under 30 Days

63 Homes Were Sold
In 30 - 90 Days

40 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kyle-Buda has remained consistent over time.

Summary: During October 2024, 148 homes were sold in Kyle-Buda; 30% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

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