Housing in Hutchinson, NJ is quite strong compared to the national average. The median value in Hutchinson is more than $10,000 higher than the US median value. Furthermore, house appreciation over the past year has been greater in Hutchinson at 10.79% than the 8.27% seen across the US as a whole. This shows that homes in Hutchinson are an attractive investment option and that demand for housing in the area remains high.
The median home cost in Hutchinson is $348,300. Home appreciation the last 10 years has been 60.4%. Home Appreciation in Hutchinson is up 15.1%.
Average Age of Homes
- The median age of Hutchinson real estate is 52 years old
The Rental Market in Hutchinson
- Renters make up 11.1% of the Hutchinson population
- 0.0% of houses and apartments in 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.