Buda, TX
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Buda Neighborhoods Since 2000




Buda, TX Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Buda Housing Market Information

With 13,705 people, 3,845 houses or apartments, and a median cost of homes of $300,977, 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 87.21% of the city's housing units. Other types of housing that are prevalent in Buda include large apartment complexes or high rise apartments ( 9.97%), duplexes, homes converted to apartments or other small apartment buildings ( 1.71%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Buda. Owner-occupied housing accounts for 76.54% of Buda's homes, and 79.24% have either three or four bedrooms, which is average sized relative to America.

Buda homes and real estate are some of the newest in America. 70.94% of Buda's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Buda real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 22.66%), and between 1940-1969 ( 4.71%). There's also some housing in Buda built before 1939 ( 1.68%).

Buda Home Appreciation Rates

In the last 10 years, Buda has experienced some of the highest home appreciation rates of any community in the nation. Buda real estate appreciated 46.11% over the last ten years, which is an average annual home appreciation rate of 3.86%, putting Buda in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Buda definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Appreciation rates are so strong in Buda that despite a nationwide downturn in the housing market, Buda real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Buda appreciation rates continue to be some of the highest in America, at 5.91%, which is higher than appreciation rates in 73.26% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Buda. Buda appreciation rates in the latest quarter were at 1.68%, which equates to an annual appreciation rate of 6.88%.

Relative to Texas, our data show that Buda's latest annual appreciation rate is higher than 50% of the other cities and towns in Texas.

Average Home Values

 

Median Home Value:
$300,977

Buda, TX HOME PRICES

Value Range
> $1,311,000 1.2
$983,001 - $1,311,000 0.3
$656,001 - $983,000 1.4
$525,001 - $656,000 5.9
$393,001 - $525,000 7.2
$262,001 - $393,000 33.4
$131,001 - $262,000 43.6
$65,001 - $131,000 4.3
$0 - $65,000 2.8

Very High for TX
Very High for Nation

Value Relative to Nation Value Relative to State
16.2193835696707 6.51750972762646

Number Of Homes And Apartments:
3,845

Buda Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
TX*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
78.50% 3.42% 7 9
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,471 / per month

Homeownership Rate

Homeownership
Owners 76.54
Renters 23.46
Vacant 7.59

Housing Market Details

 

Age of Homes

AGE OF Buda HOMES
2000 or Newer 70.9
1970 - 1999 22.7
1940 - 1969 4.7
1939 or Older 1.7

Types of Homes

TYPE OF Buda HOMES
Single-Family 87.2
Townhomes 0.8
Small Apt. Buildings 1.7
Apt. Complexes 10.0
Mobile Homes 0.3
Other 0.0

Home Size

SIZE OF Buda HOMES
No Bedroom 0.00
1 Bedroom 6.73
2 Bedrooms 9.93
3 Bedrooms 53.95
4 Bedrooms 25.28
5 or more bedrooms 4.11