Is Hutto, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
Since last year, Hutto has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $300K | $240K | -20.0% |
3 Bedrooms | $378K | $341.5K | -9.6% |
4 Bedrooms | $429K | $384.9K | -10.3% |
5+ Bedrooms | $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 2024 | Feb 2024 | CHANGE |
---|---|---|
217 | 247 | +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
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 2 | 0.0% |
3 Bedrooms | 85 | 102 | +20.0% |
4 Bedrooms | 108 | 116 | +7.4% |
5+ Bedrooms | 22 | 27 | +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 2024 | Feb 2024 | CHANGE |
---|---|---|
45 | 59 | +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
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 2023 | Feb 2024 | CHANGE |
---|---|---|
64 Days | 56 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
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.