Hutchinson, KS


Highest Appreciating Hutchinson Neighborhoods Since 2000

Hutchinson, KS Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Hutchinson Housing Market Information

With 41,569 people, 16,659 houses or apartments, and a median cost of homes of $97,225, house prices in Hutchinson are solidly below the national average.

Single-family detached homes are the single most common housing type in Hutchinson, accounting for 74.22% of the city's housing units. Other types of housing that are prevalent in Hutchinson include large apartment complexes or high rise apartments ( 10.62%), duplexes, homes converted to apartments or other small apartment buildings ( 9.75%), and a few row houses and other attached homes ( 4.33%).

People in Hutchinson primarily live in small (one, two or no bedroom) single-family detached homes. Hutchinson has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Hutchinson's housing was primarily built during this period, from the '40s through the '60s. A full 37.06% of the city's housing hails from this era. Other housing ages represented in Hutchinson include homes built between 1970-1999 ( 31.46%) and housing constructed before 1939 ( 26.65%). There's also some housing in Hutchinson built between 2000 and later ( 4.83%).

Vacant housing appears to be an issue in Hutchinson. Fully 11.00% of the housing stock is classified as vacant. Left unchecked, vacant Hutchinson homes and apartments can be a drag on the real estate market, holding Hutchinson real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Hutchinson Home Appreciation Rates

Appreciation rates for homes in Hutchinson have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 10.77%, which ranks in the top 30% nationwide. This equates to an annual average Hutchinson house appreciation rate of 1.03%.

NeighborhoodScout's data show that during the latest twelve months, Hutchinson's appreciation rate, at 4.44%, has been at or slightly above the national average. In the latest quarter, Hutchinson's appreciation rate has been 1.04%, which annualizes to a rate of 4.23%.

Relative to Kansas, our data show that Hutchinson's latest annual appreciation rate is higher than 50% of the other cities and towns in Kansas.

One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Hutchinson differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Hutchinson - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Hutchinson real estate investment or home purchase decisions.

Average Home Values


Median Home Value:

Hutchinson, KS HOME PRICES

Value Range
> $1,084,000 0.0
$813,001 - $1,084,000 0.1
$542,001 - $813,000 0.3
$434,001 - $542,000 0.4
$325,001 - $434,000 1.6
$217,001 - $325,000 5.1
$109,001 - $217,000 30.1
$54,001 - $109,000 40.7
$0 - $54,000 21.7

Average for KS
Low for Nation

Value Relative to Nation Value Relative to State
79.321457869448 55.3191489361702

Number Of Homes And Apartments:

Hutchinson Appreciation Rates

Time Period Total Appreciation Avg. Annual Rate Compared To
Compared To
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
24.03% 1.26% 2 3
* 10 is highest

Rent & Ownership


Average Market Rent:
$877 / per month

Homeownership Rate

Owners 56.91
Renters 43.09
Vacant 11.00

Housing Market Details


Age of Homes

AGE OF Hutchinson HOMES
2000 or Newer 4.8
1970 - 1999 31.5
1940 - 1969 37.1
1939 or Older 26.6

Types of Homes

TYPE OF Hutchinson HOMES
Single-Family 74.2
Townhomes 4.3
Small Apt. Buildings 9.8
Apt. Complexes 10.6
Mobile Homes 1.1
Other 0.0

Home Size

SIZE OF Hutchinson HOMES
No Bedroom 4.30
1 Bedroom 10.62
2 Bedrooms 37.65
3 Bedrooms 32.84
4 Bedrooms 11.07
5 or more bedrooms 3.52