Buda appreciation rates and housing market information

Buda housing market information

With a population of 13,335, 4,505 total housing units (homes and apartments), and a median house value of $188,178, Buda real estate is some of the most expensive in Texas, although Buda home values aren't among America's most expensive.

single-family detached homes are the single most common housing type in Buda, accounting for 73.30% of the town's housing units. Other types of housing that are prevalent in Buda include mobile homes or trailers (17.65%), duplexes, homes converted to apartments, or other small apartment buildings (4.79%), large apartment complexes or high rise apartments (1.71%), and a few row houses and other attached homes (0.98%).

Owner-occupied, three and four bedroom single-family detached homes are the most prevalent type of housing you will see in Buda. Owner-occupied housing accounts for 77.18% of Buda's homes, and 66.13% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Buda built from 1970-1994, so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Buda built from 1995 and later (31.92%). A lesser amount of the housing stock also hails from 1940-1969 (13.43%), and some were built from 1939 and earlier (13.43%).

Buda home appreciation rates

Buda's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Buda during the period has been just 4.55%, which is lower than % of US communities.

Over the last year, Buda appreciation rates have trailed the rest of the nation. In the last twelve months, Buda's appreciation rate has been -1.49%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Buda were at -1.59%, which equates to an annual appreciation rate of -6.36%.

Notably, Buda's appreciation rate in the latest quarter is one of the lowest in America.

Relative to Texas, our data show that Buda's latest annual appreciation rate is higher than 2% of the other cities and towns in Texas.