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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Clute is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Clute was a Seller's Market.

Key Takeaway

Clute is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Clute, TX

How much do homes in Clute, TX cost?

Median Sold Price

$275,000

$153/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since October 2023.

Key Takeaway

The sold price of homes in Clute has remained the same since last year.

Summary: The median home sold price in Clute was $275,000 in October 2024, the same as last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $35K-
N/A
2 $141.6K$164.5K
+16.2%
3 $279K$262.9K
-5.7%
4 $352.5K$364K
+3.3%
5+ $79K-
N/A

Summary: Clute 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 16.2%, 3 bedroom homes decreased by 5.7%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Richwood
+2.9%
Lake Jackson
+2.4%
Clute
0.0%
Brazosport
-1.3%

Housing Supply in Clute, TX

How many homes are available in Clute, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5161+19.6%

Summary: The Clute real estate market had 61 homes for sale in October 2024, a 19.6% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 57
+40.0%
3 2935
+20.7%
4 1719
+11.8%
5+ 00
0.0%

Summary: The Clute 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 increased by 40%, 3 bedroom homes increased by 20.7%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
87-12.5%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Clute, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Clute in October 2024, down by 12.5% month-over-month. Of the 7 sold homes, 71% were sold under asking, 29% were sold at asking, and 0% 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

Oct 2023Oct 2024CHANGE
101 Days35 Days-65.2%

Summary: Homes in Clute had an average of 35 days on market in Oct 2024, down by 65.2% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 7 homes were sold in Clute; 71% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 29% 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 16 Days Ago

Newest Listings in Clute, TX

Nearby Markets to Clute, TX

What housing markets are near Clute, TX?