Metropolitan market · Minnesota · September 2026 data

What is the Hutchinson, MN real estate market doing?

As of September 2026, the median home listed in Hutchinson, MN asks $327,450, unchanged year over year. Homes spend a median of 42 days on market, with 104 active listings and 19% carrying a price cut; pending contracts equal 37% of active listings, and inventory sits at 81% of the same month in 2019 — a balanced market. Figures come from public records and industry data, updated monthly.

Median listing price
$327,450
0.0% YoY
Median $ / sq ft
$165
1,855 sq ft median
Median days on market
42
September 2026
Active listings
104
For sale now
New listings
58
September 2026
Listings with price cuts
19%
Share of active
Inventory vs 2019
81%
Same month, 2019 = 100
Pending / active
37%
Contract activity
Median sale price (closed)
$297,500
▲ 3.8% YoY · closed sales · July 2026
Sale-to-list ratio
100.9%
Closed sales · July 2026, seasonally adjusted
Homes sold / month
50
Closed sales · July 2026, seasonally adjusted

What is the Hutchinson, MN housing market doing right now?

The Hutchinson, MN housing market lists at a $327,450 median as of September 2026, unchanged year over year, with a 42-day median market time and 104 homes for sale (19% with a price cut). Active inventory is 81% of the 2019 level, reading as a balanced market under WealthyBud's published buyer/seller rule.

Hutchinson housing market statistics

The table summarizes Hutchinson's key housing figures for September 2026 — median listing and closed-sale prices, market pace, inventory and rental yield — each computed from public records and industry data. Closed-sale figures are Redfin's July 2026 data, the latest settled month Redfin reports for Hutchinson.

Hutchinson, MN housing market at a glance — September 2026
MetricLatestDetail
Median listing price$327,4500.0% YoY
Median price per sq ft$1651,855 sq ft median
Median days on market42+5% YoY
Active listings104+56% YoY
New listings this month58September 2026
Listings with a price cut19%Share of active
Median sale price (closed)$297,500+3.8% YoY · closed sales, July 2026
Sale-to-list ratio100.9%Closed sales, July 2026, seasonally adjusted
Pending-to-active ratio37.2%39 pending
Inventory vs 201981%Active listings vs same month in 2019

How have home prices changed in Hutchinson?

Hutchinson home prices are unchanged year over year and 0.0% month over month as of September 2026, at a $327,450 median listing price. The chart tracks the trailing eight-quarter trend in the metro's median asking price.

$360K$347K$333K$320K Q4'24Q1'25Q2'25Q3'25Q4'25Q1'26Q2'26Q3'26

Median listing price, Hutchinson MN · trailing 8 quarters · source: public records and industry data.

The 10-year view
$355K$312K$269K$226K '17'18'19'20'21'22'23'24'25'26

10-year median listing price, Hutchinson MN · June of each year, 2017–2026 · source: public records and industry data.

How much inventory is on the market in Hutchinson?

Hutchinson has 104 active listings, 58 new this month, 39 pending as of September 2026. About 19% of active listings have cut their price, and inventory sits at 81% of its 2019 level — a balanced market by pace.

Active listings
104
New this month
58
Pending
39
Price-reduced
20

Is Hutchinson a good real estate investment?

Hutchinson scores 55/100 on WealthyBud's composite Investor Score, ranking #345 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat into one percentile. It is a research opinion, not advice.

Investor Score
55/100
#345 of 933 covered metros
12-month outlook
+0.9%
Flat · model output, not advice
Momentum
43
Value
73
Rental yield
28
Supply risk
39
Market heat
81

Hutchinson scores 55/100 on our composite Investor Score (#345 of 933 covered metros), a percentile blend of momentum, value, rental yield, supply and market-heat readings; active inventory sits at 81% of its June 2019 level, so supply is still below pre-pandemic norms; listing prices are unchanged year over year; all against a national 30-year fixed mortgage rate of 7.28% (national weekly average, 2026-10-01).

Scores are percentile ranks (0–100) across all covered U.S. metros, computed from the public data cited on this page — formulas here. They are data-derived opinions, not investment advice. See how Hutchinson ranks on the trending markets index.

How much is a monthly mortgage payment in Hutchinson?

A home at Hutchinson's $327,450 median listing runs about $1,792 a month in principal and interest — 20% down on a 30-year fixed loan at the current 7.28% national average rate. Taxes, insurance and HOA are extra.

If rates fall 1% · 6.28%
$1,618/mo
−$174/mo vs today
At today's rate · 7.28%
$1,792/mo
National weekly average
If rates rise 1% · 8.28%
$1,974/mo
+$181/mo vs today

Principal & interest on the $327,450 median listing with 20% down and a 30-year fixed loan — excludes taxes, insurance and HOA. Current rate: 7.28% (national weekly average, 2026-10-01). Model a full deal in the deal analyzer.

How much income do you need to buy a home in Hutchinson?

To buy Hutchinson’s $327,450 median listing with 20% down, a household needs about $90,000 a year in gross income, keeping principal, interest and property tax ($2,109/mo) at 28% of income. That is 1.2× the area’s $78,468 median household income, so a typical Hutchinson household cannot afford the median listing on these terms.

Income needed to buy the median home in Hutchinson, MN — September 2026
ItemAmountBasis
Median listing price$327,450September 2026
Down payment (20%)$65,490Assumption
Principal & interest (7.28%, 30-yr fixed)$1,792/moRate as of 2026-10-01
Property tax (1.16% effective rate)$317/moCensus ACS
Income needed (28% rule)$90,000Gross household income / yr
Median household income$78,468Census ACS 2023 ACS 5-year

Excludes homeowners insurance, HOA dues and mortgage insurance, so the true income needed is higher. Compare every market in the income-needed ranking and the price-to-income ranking.

What is driving the Hutchinson housing market?

Longer-run demand in Hutchinson shows up in 142 homes permitted in 2025; net migration of -5 residents. Natural-hazard risk rates Relatively Low. These federal supply-pipeline, migration and jobs signals shape where prices head next.

Building permits (2025)
142
▲ 149.1% vs 2024
3.9 per 1,000 residents
Net migration (2022–2023)
-5
▼ people, via tax-return records
net income flow +$3.34M/yr
Natural-hazard risk
Relatively Low
National hazard index · top hazard: Riverine flooding

Based on public government records — building-permit, tax-return migration, employment and natural-hazard statistics, aggregated to the metro. Details on /methodology.

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Hutchinson housing market FAQ

What is the median home price in Hutchinson?
As of September 2026, the median listing price in Hutchinson, MN is $327,450, unchanged year over year (source: public records and industry data). Figures cover the Hutchinson, MN metro area.
How much does it cost to buy a home in Hutchinson?
The median home listed in Hutchinson asks $327,450 as of September 2026. With 20% down on a 30-year fixed loan at the current 7.28% national average rate, that runs about $1,792 a month in principal and interest, before taxes, insurance and HOA.
How fast are homes selling in Hutchinson?
The median property in Hutchinson spends 42 days on the market, with 104 homes actively listed and 19% of them carrying a price cut — a balanced market as of September 2026.
Is it a buyer's or seller's market in Hutchinson?
With a median 42 days on market and 19% of active listings carrying a price cut, pending contracts at 37% of active listings, Hutchinson reads as a balanced market as of September 2026. Labels use WealthyBud's published DOM / sale-to-list / price-cut / pending rule. Conditions shift monthly.
Is Hutchinson a good place to invest in real estate?
Hutchinson scores 55/100 on WealthyBud's Investor Score, ranking #345 of 933 covered U.S. metros as of September 2026. The score blends price momentum, value, rental yield, supply and market heat. It is a data-derived research opinion, not investment advice.
Who are the top real estate agents in Hutchinson?
See WealthyBud directories for the top-producing agents, teams and brokerages serving Hutchinson and the wider Minnesota market, ranked by recent sales from public profile data.
Based on public records and industry data, September 2026 — see our methodology for how every figure is computed. Figures cover the Hutchinson, MN metro area. Figures change monthly — verify current conditions with a local agent or MLS. Portions of market data courtesy of Realtor.com and Redfin; additional statistics from U.S. government sources.

More Minnesota housing markets

Andre Fontaine Mortgage Market Analyst

Andre Fontaine is a mortgage market analyst who covers rate trends, loan products and lending standards using public Federal Reserve and HMDA data. He focuses on how financing conditions affect buyer affordability across income levels.

Editorial persona: WealthyBud bylines are editorial personas, not real individuals. Pages are produced by the WealthyBud research team from the public data cited on each page.