Hutchinson Metro Area, MN Housing

Housing in Hutchinson, MN Metro Area is on par with the rest of the US. The median value of a house in Hutchinson is $254,400, which is 25% lower than the median value across the US at $338,100. However, when it comes to appreciation over the last year, both Hutchinson and the US have had similar rates of increase at 8.21% and 8.27%, respectively. This indicates that housing prices are rising in Hutchinson as well as across the country.

The median home cost in Hutchinson Metro Area is $254,400. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Hutchinson Metro Area is up 11.0%.

Average Age of Homes

- The median age of Hutchinson Metro Area real estate is 44 years old

The Rental Market in Hutchinson Metro Area

- Renters make up 22.4% of the Hutchinson Metro Area population
- 1.3% 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hutchinson, Minnesota	United States
	15,773.0	139,647,020.0
	44	42
	$254,400	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$12.28	$10.98
	$2,265	$2,690
	71.0%	57.4%
	7.3%	11.2%
	21.7%	31.4%
Vacant Housing
	1.3%	1.9%
	0.2%	0.4%
	0.8%	0.7%
	0.6%	0.4%
	1.3%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	3.3%	2.6%
	3.1%	2.4%
	0.8%	2.8%
	1.4%	3.9%
	3.5%	4.5%
	20.5%	11.3%
	22.4%	13.0%
	26.6%	20.1%
	11.8%	13.6%
	3.2%	8.3%
	2.0%	9.7%
	0.9%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	14.0%	13.6%
	14.0%	13.6%
	14.7%	13.6%
	14.2%	13.2%
	14.0%	14.8%
	14.7%	13.6%
	8.3%	10.0%
	4.1%	4.7%
	18.0%	12.2%

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