Hutchinson, KS67502

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$207,000
5.0% YoY Growth
Median Household Income
$73,200
14.8% 5-Year Growth
Days on Market
55
55.0% Longer than last year
Home Price Forecast
2.4%
Median Rent
$849
10.0% YoY Growth
1-Bed Rent
$749
11.5% YoY Growth
2-Bed Rent
$849
3.4% YoY Growth
3-Bed Rent
$1,400
11.9% YoY Growth

Other Zip Codes in Hutchinson, KS

Property Listings — Hutchinson, KS

As of Oct '25, Realtor.com reports that the median days on market for a home in Hutchinson, KS is 55. This is a increase of 55.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$250,000-2.0%
Listing Count
5323.0%
Listings as % of Homes0.5%23.0%
Days on Market
5555.0%
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Demographics — Hutchinson, KS

As of the latest ACS Survey released in 2023, Hutchinson, KS has a population of 23,600, which has remained stable by 0.3% over the past 5 years. Hutchinson, KS is a moderately popular place for families, as children make up 21.9% of the population. The area has a moderately educated workforce, with 30.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
23,6000.3%
% Under 18
21.9%1.9%
% Seniors
23.8%-3.3%
% WFH
5.4%50.0%
% w/ College Degree
30.2%-6.2%
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As of the latest ACS Survey released in 2023, Hutchinson, KS is a predominantly white area, with 87.2% of the population identifying as white. The white population has shrunk by 1.2% in the last 5 years. The second most common race or ethnicity in Hutchinson, KS is hispanic, making up 9.2% of the population. Foreign-born residents account for 1.6% of the population in Hutchinson, KS, and this percentage has decreased by 42.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
87.2%-1.2%
% Black
0.5%-66.7%
% Hispanic
9.2%29.6%
% Asian
0.6%-53.8%
% Foreign Born
1.6%-42.9%
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Mortgage and Risk — Hutchinson, KS

According to HUD data as of 2023, there were 342 mortgage originations in Hutchinson, KS, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 30.0% above 90% LTV (very high). This implies large mortgage risk in Hutchinson, KS. Investor activity is low, as 7.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
342
% Conventional Loans
80.0%
% Government Loans
20.0%
% Investor Loans
7.0%
% Second Loans
0.0%
% Cash Out Refinance
9.0%

Loan Activity

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Rentals and Section 8 — Hutchinson, KS

Hutchinson, KS lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
365
Total Units Section 8
354
% Rentals under Section 8
N/A
% Occupied Section 8
83.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$51$749$800
2 Bedroom$201$849$1,050
3 Bedroom-$130$1,400$1,270
4 BedroomN/AN/A$1,430

Affordability — Hutchinson, KS

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.5
Median Home Price$207,000
Median Household Income$73,200

Hutchinson, KS — ZIP Code Boundary Map

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Frequently Asked Questions