Hutto, Texas Housing Market Prices
Hutto Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 25% below the Texas median$194,838
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Median rent 58% above the Texas median$2,218
Housing Market Overview
| Metric | Hutto | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $194,838 | $258,873 | $248,835 |
| Price Trend (Annual %) | 15.7% | 9.2% | 7.5% |
| Median Gross Rent | $2,218 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 6.5% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hutto is about 25% lower than in Texas. Rent is about 58% higher than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Hutto, up about 15.7% and 6.5% a year respectively. Home prices are changing faster.
Median rent in Hutto rose about 62.8% between 2015 and 2024, from $1,363 to $2,218. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Hutto.
Buying the median-priced home in Hutto costs roughly 7.3 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Hutto. The price-to-rent ratio in Texas is about 15.4.
| Metric | Hutto | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $194,838 | $258,873 | $248,835 |
| Median Household Income | $122,905 | $78,939 | $80,455 |
| Price-to-Income Ratio | 1.6 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hutto rose about 29.3%, while median household income rose about 43.2% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Hutto | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 76.2% | 56.7% | 58.5% |
| Rental Rate | 19.8% | 33.9% | 31.2% |
| Vacancy Rate | 3.9% | 9.4% | 10.2% |
| Median Tenure (years) | 11.0 | 14.0 | 15.0 |
| Median Year Moved In | 2015 | 2012 | 2011 |
Hutto has a homeownership rate of 76.2%, higher than the Texas average of 56.7%. Its housing vacancy rate is 3.9%, compared with 9.4% in Texas.
Housing Stock
| Metric | Hutto | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.00 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 2009 | 1990 | 1978 |
| Median Number of Rooms | 6.0 | 5.4 | 5.5 |
The typical housing unit in Hutto was built around 2009. On average, 3.0 people live in a home with about 6.0 rooms, staying for about 11.0 years on average.
Hutto, TX Housing Compared With Nearby Cities
How Hutto, TX compares with the 2 cities closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Hutto, TX | 20,828 | $194,838 #2/3 | $2,218 #1/3 | 79.4% #1/3 |
| Pflugerville, TX | 63,868 | $46,871 | $1,969 | 68.9% |
| Round Rock, TX | 117,127 | $373,290 | $1,760 | 55.2% |
Frequently Asked Questions
Common questions about the housing market in Hutto, Texas.
What is the median home price in Hutto, Texas?
The median home price in Hutto, Texas is $194,838, lower than the Texas average of $258,873.
What is the average home price in Hutto, Texas?
The typical home price in Hutto, Texas, reported as the median sale price, is $194,838. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Hutto, Texas?
The median gross rent in Hutto, Texas is $2,218 per month, higher than the Texas average of $1,402.
What was the median gross rent in Hutto in 2020?
In 2020, the median gross rent in Hutto, Texas was $1,687 per month.
What is the price-to-rent ratio in Hutto, Texas?
The price-to-rent ratio in Hutto, Texas is about 7.3, meaning it would take roughly 7.3 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Hutto.
Are home prices or rent rising faster in Hutto, Texas?
Both home prices and rent are rising in Hutto, up about 15.7% and 6.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Hutto, Texas?
76.2% of households in Hutto, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Hutto, Texas?
The housing vacancy rate in Hutto, Texas is 3.9%, lower than the Texas average of 9.4%.
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