Hutchinson Township is located in Minnesota and has seen a steady increase in housing median value over the past year. The current median value of houses in Hutchinson Township stands at $426,600 which is considerably higher than the US house median value of $338,100. Although the 1 year house appreciation rate for the US was 8.27%, it was slightly lower for Hutchinson Township at 6.82%. This suggests that despite being slightly lower than the national average, there is still a strong housing market in this township and homeowners are likely to be rewarded with good returns on their investment in this area.
The median home cost in Hutchinson township is $426,600. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Hutchinson township is up 11.0%.
Average Age of Homes
- The median age of Hutchinson township real estate is 42 years old
The Rental Market in Hutchinson township
- Renters make up 5.1% of the Hutchinson township population
- 0.0% of houses and apartments in Hutchinson township, 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.