Is Buda, IL 61314 a buyer’s or seller’s market?
Buda is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Buda housing market right now
In the three months ending August 31, 2026, 0% of homes in Buda, IL 61314 sold above their list price, the typical home went under contract in 61 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (105 days then) and the median sale price rose 50% to $249,892. Overall, Buda is more competitive than a year ago, so tougher for buyers.
Within Bureau County, homes here sell more slowly than in 53% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Dalzell 61320 (100% sold over asking) and Cherry 61317 (50% sold over asking) are even more competitive.
Run the numbers for 61314
Nearby markets
Arlington 61312Buyer’s market $136 /sq ftCherry 61317 $153 /sq ftDalzell 61320Seller’s market $187 /sq ftDepue 61322 — /sq ft Browse all markets →Where Buda is
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Questions about Buda real estate
Is Buda a buyer’s or seller’s market?
A buyer’s market: there were 6.4 months of supply in Buda, IL 61314 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Buda?
The typical home went under contract in 61 days in the latest three months.
Do homes in Buda sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 83.4% of the list price.
What are property taxes in Buda?
About 2.01% of a home’s value a year in Bureau County, or roughly $8,040 on a $400,000 home.
What is the median home price in Buda?
The median sale price was $249,892 in the three months ending August 31, 2026, about $87 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology