Is Hutto, TX a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 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
$369,724
$191/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Hutto was $369,724 in May 2024, down 5.4% from last year, and the median price per square foot was $191.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $210K | N/A |
2 Bedrooms | $282.5K | $260K | -8.0% |
3 Bedrooms | $359.7K | $340K | -5.5% |
4 Bedrooms | $407.8K | $386.5K | -5.2% |
5+ Bedrooms | $490K | $463.5K | -5.4% |
Summary: Hutto housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 5.4%.
Housing Supply in Hutto, TX
How many homes are available in Hutto, TX?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
300 | 319 | +6.3% |
Summary: The Hutto real estate market had 319 homes for sale in May 2024, a 6.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 5 | +66.7% |
3 Bedrooms | 103 | 114 | +10.7% |
4 Bedrooms | 163 | 169 | +3.7% |
5+ Bedrooms | 31 | 31 | 0.0% |
Summary: The Hutto housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 66.7%, 3 bedroom homes increased by 10.7%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
72 | 66 | -8.3% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 66 homes were sold or pending in Hutto in May 2024, down by 8.3% month-over-month. Of the 66 sold homes, 55% were sold under asking, 33% were sold at asking, and 12% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
61 Days | 43 Days | -28.8% |
Summary: Homes in Hutto had an average of 43 days on market in May 2024, down by 28.8% compared to last year.
Breakdown of Home Sale Times
34 Homes Were Sold
Under 30 Days
25 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Summary: During May 2024, 66 homes were sold in Hutto; 52% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.