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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Hutto is a neutral's market

Buyer's
Market

Difference Since November 2023

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

Key Takeaway

Hutto is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Hutto, TX

How much do homes in Hutto, TX cost?

Median Sold Price

$374,356

$190/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,062(+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 $374,356 in November 2024, up 1.4% from last year, and the median price per square foot was $190.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $210K-
N/A
2 $300K$330K
+10.0%
3 $340K$337K
-0.9%
4 $387.1K$386K
-0.3%
5+ $465K$463.5K
-0.3%

Summary: Hutto housing prices by bedroom type for November 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 0.9%, 4 bedroom homes decreased by 0.3%, and 5+ bedroom homes decreased by 0.3%.

Housing Supply in Hutto, TX

How many homes are available in Hutto, TX?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
277257-7.2%

Summary: The Hutto real estate market had 257 homes for sale in November 2024, a 7.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 65
-16.7%
3 110104
-5.5%
4 134127
-5.2%
5+ 2721
-22.2%

Summary: The Hutto housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes decreased by 5.5%, 4 bedroom homes decreased by 5.2%, and 5+ bedroom homes decreased by 22.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
6641-37.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

11 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. 53.7% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in Hutto in November 2024, down by 37.9% month-over-month. Of the 41 sold homes, 54% were sold under asking, 20% were sold at asking, and 27% 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

Nov 2023Nov 2024CHANGE
61 Days51 Days-16.4%

Summary: Homes in Hutto had an average of 51 days on market in Nov 2024, down by 16.4% compared to last year.

Breakdown of Home Sale Times

15 Homes Were Sold
Under 30 Days

20 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Hutto has remained consistent over time.

Summary: During November 2024, 41 homes were sold in Hutto; 37% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 15% 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 17 Days Ago

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