Hutchinson, MN Home Values & Market Trends
Real estate market trends reflect that there have been 327 transactions over the past year in Hutchinson. The median value for residential home transactions that occurred over the previous year is $264,810.11. The number of current listings in Hutchinson is 16, and the percentage of properties for sale in the city is 16.00%. Hutchinson, MN currently has 4 properties in foreclosure, 0 bank owned properties, 4 properties headed for auction, and 16 properties for sale.
Hutchinson, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55350 | $ 282,212 $ 151/sqft |
Housing Market Summary for Hutchinson, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $264.9K | $252.2K | -4.80% |
| Median Sold Price | $259.3K | $252.2K | -2.74% |
| Homes For Sale | 20 | 21 | 5.00% |
| Homes Sold | 104 | 120 | 15.38% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hutchinson, MN
Browse Homes in Hutchinson, MN
Hutchinson home values range from $20,834 to $7,773,000. The median estimated value of a home in Hutchinson is $264,810.11. The median list price of a home is 290,000, and the total count of properties in the city is 5,964.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Hutchinson, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hutchinson, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hutchinson, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Hutchinson, MN. There is 1 zips within Hutchinson, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55350 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Hutchinson, MN. Auction homes and other auction properties account for 0.07% of all properties in Hutchinson, MN. There is 1 zips within Hutchinson, MN; of that zips, the median estimated home value for homes going to auction ranges from $252,500 in 55350 to the lowest value of $177,126 in 55350.
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More Real Estate Resources for Hutchinson, MN
Guide for Hutchinson, MN
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