Housing in South Hutchinson, KS is quite affordable compared to the US median value. The median value of housing in South Hutchinson, KS is $119,100 while the US median value is $338,100. Additionally, house appreciation values in South Hutchinson have been higher than the national average over the past year. House appreciation rates rose at a rate of 12.03% in South Hutchinson whereas nationally it was 8.27%. This indicates that housing values in South Hutchinson are rising at a faster pace than most other parts of the country and could be an attractive investment opportunity for potential buyers or renters.
The median home cost in South Hutchinson is $119,100. Home appreciation the last 10 years has been 60.0%. Home Appreciation in South Hutchinson is up 15.4%.
Average Age of Homes
- The median age of South Hutchinson real estate is 44 years old
The Rental Market in South Hutchinson
- Renters make up 39.5% of the South Hutchinson population
- 0.0% of houses and apartments in South Hutchinson, 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.