Zip 55350 (Hutchinson, MN) Housing

Housing in 55350 Hutchinson, MN is quite affordable compared to the national median. The median value of a house in 55350 Hutchinson, MN is $262,000, which is significantly lower than the US median of $338,100. Furthermore, while the US experienced an 8.27% appreciation rate for houses over the past year, 55350 Hutchinson MN experienced a 6.82% appreciation rate. This makes housing in this region a great financial option for those looking to purchase or invest in property.

The median home cost in Hutchinson (zip 55350) is $262,000. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Hutchinson (zip 55350) is up 11.0%.

Average Age of Homes

- The median age of Hutchinson (zip 55350) real estate is 39 years old

The Rental Market in Hutchinson (zip 55350)

- Renters make up 25.5% of the Hutchinson (zip 55350) population
- 1.9% of houses and apartments in Hutchinson (zip 55350), 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
	8,392.0	139,647,020.0
	38	42
	$262,000	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$12.79	$10.98
	$2,376	$2,690
	68.1%	57.4%
	6.7%	11.2%
	25.2%	31.4%
Vacant Housing
	1.9%	1.9%
	0.4%	0.4%
	1.3%	0.7%
	0.5%	0.4%
	0.7%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	3.4%	2.6%
	4.8%	2.4%
	0.1%	2.8%
	0.6%	3.9%
	3.0%	4.5%
	21.0%	11.3%
	20.6%	13.0%
	28.5%	20.1%
	11.3%	13.6%
	3.2%	8.3%
	2.3%	9.7%
	0.6%	3.9%
	0.1%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.9%	13.6%
	16.9%	13.6%
	15.8%	13.6%
	18.5%	13.2%
	15.9%	14.8%
	15.8%	13.6%
	6.4%	10.0%
	2.3%	4.7%
	11.9%	12.2%

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