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 October 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

$375,000

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,271(+1.4%)

Key Takeaway

Homes in Hutto have sold for 1.4% more than they did a year ago.

Summary: The median home sold price in Hutto was $375,000 in October 2024, up 1.4% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $210K-
N/A
2 $300K$330K
+10.0%
3 $340K$338.4K
-0.4%
4 $387.3K$387.6K
0.1%
5+ $465.6K$461.9K
-0.8%

Summary: Hutto housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 10%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 0.8%.

Housing Supply in Hutto, TX

How many homes are available in Hutto, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
273272-0.4%

Summary: The Hutto real estate market had 272 homes for sale in October 2024, a 0.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 66
0.0%
3 96105
+9.4%
4 139135
-2.9%
5+ 3226
-18.8%

Summary: The Hutto housing inventory by bedroom type for October 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 9.4%, 4 bedroom homes decreased by 2.9%, and 5+ bedroom homes decreased by 18.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5359+11.3%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

12 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. 56.9% of homes here sold below asking price last month.

Summary: A total of 59 homes were sold or pending in Hutto in October 2024, up by 11.3% month-over-month. Of the 58 sold homes, 57% were sold under asking, 22% were sold at asking, and 21% 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

Oct 2023Oct 2024CHANGE
40 Days62 Days+53.8%

Summary: Homes in Hutto had an average of 62 days on market in Oct 2024, up by 53.8% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

19 Homes Were Sold
In 30 - 90 Days

16 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 October 2024, 59 homes were sold in Hutto; 39% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 27% 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 4 Days Ago

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