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
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 Market | 69 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 24.1% |
| Homes Sold | 6 |
| Active Inventory | 29 |
| Price Per Sq Ft | $161 |
Ownership & Stock
| Owner-Occupied | 69.2% |
| Renter-Occupied | 30.8% |
| Homeownership Rate | 69.2% |
| Total Housing Units | 6,753 |
| Median Year Built | 1984 |
| Rent Burden | 24.8% |
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