Housing in Hutchinson, KS Metro Area has seen strong appreciation over the past year. The median value of a home is currently $128,000, which is significantly lower than the US median value of $338,100. Furthermore, the 1 year house appreciation rate in Hutchinson, KS Metro Area is 10.51%, higher than the US appreciation rate of 8.27%. This suggests that investing in housing in Hutchinson, KS Metro Area could be an attractive option for potential buyers.
The median home cost in Hutchinson Metro Area is $128,000. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Hutchinson Metro Area is up 15.4%.
Average Age of Homes
- The median age of Hutchinson Metro Area real estate is 57 years old
The Rental Market in Hutchinson Metro Area
- Renters make up 28.4% of the Hutchinson Metro Area population
- 1.8% of houses and apartments in Hutchinson Metro Area, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.