Is Hutto, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hutto is a seller's market

Buyer's
Market

Difference Since February 2023

Since last year, Hutto has remained a Seller's Market.

Key Takeaway

Hutto is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Hutto, TX

How much do homes in Hutto, TX cost?

Median Sold Price

$369,681

$191/sqft

Based on all homes sold in the last 12 months.

Difference Since February 2023

-$30,319(-7.6%)

Key Takeaway

Homes in Hutto have sold for 7.6% less than they did a year ago.

Summary: The median home sold price in Hutto was $369,681 in February 2024, down 7.6% from last year, and the median price per square foot was $191.

Median Sold Price By Bedroom Count

# BEDSFeb 2023Feb 2024CHANGE
1 -$210K
N/A
2 $300K$240K
-20.0%
3 $378K$341.5K
-9.6%
4 $429K$384.9K
-10.3%
5+ $474K$465K
-1.9%

Summary: Hutto housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 20%, 3 bedroom homes decreased by 9.6%, 4 bedroom homes decreased by 10.3%, and 5+ bedroom homes decreased by 1.9%.

Housing Supply in Hutto, TX

How many homes are available in Hutto, TX?

Number of Homes For Sale

Jan 2024Feb 2024CHANGE
217247+13.8%

Summary: The Hutto real estate market had 247 homes for sale in February 2024, a 13.8% increase compared to January 2024.

Homes For Sale By Bedroom Count

# BEDSJan 2024Feb 2024CHANGE
1 00
0.0%
2 22
0.0%
3 85102
+20.0%
4 108116
+7.4%
5+ 2227
+22.7%

Summary: The Hutto housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 22.7%.

Number of Homes Sold

Jan 2024Feb 2024CHANGE
4559+31.1%

Asking Price vs. Sold Price

35 Homes Were Sold
Under Asking

16 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Hutto, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Hutto in February 2024, up by 31.1% month-over-month. Of the 59 sold homes, 59% were sold under asking, 27% were sold at asking, and 14% were sold over asking.

Days on Market for Hutto, TX

How long does it take to sell a home in Hutto, TX?

Average Sale Time

Feb 2023Feb 2024CHANGE
64 Days56 Days-11.4%

Summary: Homes in Hutto had an average of 56 days on market in Feb 2024, down by 11.4% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

13 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Hutto are selling fast, if you're buying plan to act quickly.

Summary: During February 2024, 59 homes were sold in Hutto; 46% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 27 Days Ago

Newest Listings in Hutto, TX

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