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Hutchinson, MN

Full City Profile · Minnesota · McLeod County County

3.3 /5.0
B Good
14,629 Population 1,725/sq mi density
$71,730 Median Income $44,140 per capita
$210,300 Home Value $288,638 Zillow
$933 Median Rent 24.8% income on rent
45°F Avg Temperature 276 sunny days/yr
222 Violent Crime/100K 1,691 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$71,730 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$210,300 home value, $933/mo rent
F
Safety
1.0 / 5.0
222 violent crimes/100K
B
Education
3.0 / 5.0
25.2% bachelor's degree or higher

Housing Overview

Median Home Value
$210,300
25% below
US avg: $281,900
Median Rent
$933/mo
20% below
US avg: $1,163/mo
Homeownership Rate
69.2%
6% above US avg (65.4%)
Total Housing Units
6,753
Median year built: 1984

Home Value by Source

Census Median
$210,300
Zillow (ZHVI)
$288,638
Median Sale Price
$257,000
Median List Price
$270,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.2%
Owner-Occupied
30.8%
Renter-Occupied
69%
31%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent: $933/mo · Zillow rent: $1,153/mo

Market Indicators (Redfin)

Median Days on Market
69 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
24.1%
of listings with price reduction
Price Per Sq Ft
$161
Active Inventory
29
homes for sale

Affordability & Housing Stock

Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1984
Average age of housing stock: 42 years
Homeownership Rate
69.2%

Complete Housing Data

Home Values

Census Median Value$210,300
Zillow Home Value (ZHVI)$288,638
Median Sale Price$257,000
Median List Price$270,000
Price Per Sq Ft$161

Rent

Census Median Rent$933
Zillow Rent (ZORI)$1,153
FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Days on Market69
Sale-to-List Ratio1.0%
Price Drops24.1%
Homes Sold6
Active Inventory29
Price Per Sq Ft$161

Ownership & Stock

Owner-Occupied69.2%
Renter-Occupied30.8%
Homeownership Rate69.2%
Total Housing Units6,753
Median Year Built1984
Rent Burden24.8%