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 November 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

$363,107

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

-$12,573(-3.3%)

Key Takeaway

Homes in Kyle-Buda have sold for 3.3% less than they did a year ago.

Summary: The median home sold price in Kyle-Buda was $363,107 in November 2024, down 3.3% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$463.5K
N/A
2 $288.2K$285K
-1.1%
3 $341.9K$332.5K
-2.7%
4 $414.9K$399K
-3.9%
5+ $533.5K$505K
-5.3%

Summary: Kyle-Buda housing prices by bedroom type for November 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 3.9%, and 5+ bedroom homes decreased by 5.3%.

Median Sold Price Compared To Nearby Cities

Kyle
-1.4%
Kyle-Buda
-3.3%
Buda
-10.4%

Housing Supply in Kyle-Buda, TX

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

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1,0881,081-0.6%

Summary: The Kyle-Buda real estate market had 1,081 homes for sale in November 2024, a 0.6% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 1821
+16.7%
3 494494
0.0%
4 493471
-4.5%
5+ 8395
+14.5%

Summary: The Kyle-Buda housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 14.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
174147-15.5%

Asking Price vs. Sold Price

92 Homes Were Sold
Under Asking

33 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. 62.6% of homes here sold below asking price last month.

Summary: A total of 147 homes were sold or pending in Kyle-Buda in November 2024, down by 15.5% month-over-month. Of the 147 sold homes, 63% were sold under asking, 22% 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

Nov 2023Nov 2024CHANGE
87 Days89 Days+2.2%

Summary: Homes in Kyle-Buda had an average of 89 days on market in Nov 2024, up by 2.2% compared to last year.

Breakdown of Home Sale Times

43 Homes Were Sold
Under 30 Days

40 Homes Were Sold
In 30 - 90 Days

64 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Kyle-Buda are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 147 homes were sold in Kyle-Buda; 29% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 44% 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 17 Days Ago

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