Is Clute, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Clute was a Neutral Market.
Key Takeaway
Clute is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Clute, TX
How much do homes in Clute, TX cost?
Median Sold Price
$280,000
$156/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Clute have sold for 15.5% more than they did a year ago.
Summary: The median home sold price in Clute was $280,000 in March 2024, up 15.5% from last year, and the median price per square foot was $156.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27.5K | - | N/A |
| 2 Bedrooms | $115K | $141.6K | +23.1% |
| 3 Bedrooms | $237.4K | $278.3K | +17.2% |
| 4 Bedrooms | $370K | $342K | -7.6% |
| 5+ Bedrooms | $162.5K | $79K | -51.4% |
Summary: Clute housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 23.1%, 3 bedroom homes increased by 17.2%, 4 bedroom homes decreased by 7.6%, and 5+ bedroom homes decreased by 51.4%.
Median Sold Price Compared To Nearby Cities
| Clute | $242.5K | $280K | +15.5% |
| Lake Jackson | $273.7K | $259.2K | -5.3% |
| Brazosport | $274.9K | $259.3K | -5.7% |
| Richwood | $269.9K | $247.5K | -8.3% |
Housing Supply in Clute, TX
How many homes are available in Clute, TX?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 52 | 65 | +25.0% |
Summary: The Clute real estate market had 65 homes for sale in March 2024, a 25.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 29 | 37 | +27.6% |
| 4 Bedrooms | 17 | 19 | +11.8% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Clute housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 27.6%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 6 | 12 | +100.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Clute, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Clute in March 2024, up by 100.0% month-over-month. Of the 12 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Clute, TX
How long does it take to sell a home in Clute, TX?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 70 Days | 61 Days | -12.1% |
Summary: Homes in Clute had an average of 61 days on market in Mar 2024, down by 12.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Clute are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 12 homes were sold in Clute; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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