Are Home Prices Rising or Falling in Buda, TX?
Buda, a city near Austin, TX, has seen a modest price dip over the past year, with the median home selling for about 2% less than it did 12 months ago. Here's what's driving it and what it means for buyers and sellers.
The National Picture
The national median sale price hit about $399,000 in the 3 months ending August 2026, up 2% from last year. Across the country, affordability has ticked in the right direction: the typical household earns about $88,000 and now spends about 34% of income on housing, an improvement from roughly 36% a year ago. About 20% of listings have seen a price reduction, supply stands at four months, and homes sell in a median of 50 days.
Home Prices in the Austin Area
The Austin metro median is about $414,000, down around 6% from a year ago. A typical household in the metro earns roughly $109,000 per year and directs about 34% toward housing, a 2-percentage-point improvement. Buda's slight decline is smaller than the metro's overall pullback.
A Mild Cooling After a Hot Run
Buda's median sale price slipped about 2% to roughly $399,000. Half of active listings carry a price cut, and homes spend a median of 63 days on market, down 6 days from last year. About 14% of sales closed above asking at a sale-to-list ratio of about 98%. Dripping Springs, just to the west, posted a 3% gain to $480,000, while Kyle to the south saw a steeper drop of about 6% to $292,000.
Why Are Prices Cooling in Buda?
Inventory in Buda has grown faster than demand. Active listings rose 15% and new listings increased 11%, while pending sales grew about 10%. At 5.6 months of supply, there are more homes sitting on the market than buyers can absorb at current prices. The result is a market where sellers often need to cut their asking price, though the pace of sales has actually picked up slightly from last year.
| Neighborhood | Median Price | Price YoY | Price Drops | Months of Supply |
|---|---|---|---|---|
| Buda ★ | $398,736 | -2.1% | 50.0% | 5.6 |
| Lago Vista | $399,735 | -12.5% | 48.3% | 7.1 |
| Leander | $427,717 | +0.6% | 47.5% | 5.0 |
| Pflugerville | $361,261 | -8.5% | 48.3% | 4.5 |
| Hutto | $334,778 | -4.3% | 40.0% | 4.6 |
| Dripping Springs | $480,132 | +3.3% | 41.3% | 3.3 |
Limited to neighborhoods with at least 10 home sales in the period.
All data comes from Redfin and represents a three-month rolling average ending August 2026. This article has been generated, in whole or in part, using generative artificial intelligence (AI) technology, with input from Redfin head of economics research Chen Zhao. While efforts have been made to ensure the accuracy and reliability of this information, you should independently verify all data, facts, and citations contained in this article before relying on it for any purpose. This information is not a substitute for advice from a real estate agent, financial advisor, or other licensed professional. Check the Redfin Data Center for additional in-depth housing market data.
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