Buda Real Estate Market Extends Strong Trend in Home Prices

The Buda remained below its 12-month average sales volume this week as sales fell 7.7% to hit 24 homes sold over the last 30 days. In comparison, nearby Austin had 860 sales in the same time frame, the most of all neighboring cities. The median sales price has been increasing as it hit $269,500, extending a four-week long spike. Despite the slip in sales, a relatively low two months of inventory indicates that Buda is a definite seller's market.

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$419K   $399K   $398K  

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Demographic facts about Buda:

  • The median value of all homes in the area is $175,600.
  • Average number of rainy days is 82 per year. (U.S. average: 100)
  • The unemployment rate for this area is 6.6%.
  • The student-to-teacher ratio is 14.6:1. (15.3:1 = national average)

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Donna Homes, a Private Label Realty affiliate
Horizon Realty
Snapped 2 homes in this area

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