Housing in Hutchinson, SD County is generally more affordable than the national average according to the median value of $173,800. The US median house value is $338,100. A positive sign for those looking to invest in Hutchinson real estate is that the county's 1 year appreciation rate of 14.45% exceeds the national average of 8.27%. This indicates that housing prices in Hutchinson are on a steady upward trajectory. Therefore, those interested in investing should consider buying a home or property in Hutchinson as soon as possible to take advantage of potential future gains.
The median home cost in Hutchinson County is $173,800. Home appreciation the last 10 years has been 88.0%. Home Appreciation in Hutchinson County is up 17.6%.
Average Age of Homes
- The median age of Hutchinson County real estate is 63 years old
The Rental Market in Hutchinson County
- Renters make up 19.9% of the Hutchinson County population
- 1.1% of houses and apartments in Hutchinson County, 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.