Home prices
Hutchinson's median home value is $149,200. This is approximately $41,780 (38%) higher in comparison to the surrounding areas.It is roughly $68,300 (31%) lower in comparison to the entire country, and compared to the city of Minneapolis is about $102,400 (40%) lower.
Rents
In Hutchinson the median monthly rent is $835. In comparison to the surrounding areas this is roughly $133 (18%) higher.Compared to the country as a whole it is about $227 (21%) lower, and is approximately $192 (18%) lower compared to the city of Minneapolis.
Nearby places
Biscay
Biscay is approximately 5 miles southeast of Hutchinson. The housing prices there are significantly less expensive. Biscay's median home value is $93,000, which comes out to $56,200 (60%) lower than Hutchinson. Rent there is a little more expensive. Biscay's median monthly rent is $1,094, which is $259 (23%) higher than Hutchinson.
Silver Lake
Silver Lake is approximately 7 miles east from Hutchinson. Its housing prices are a bit less expensive. The median home in Silver Lake costs $140,700, which comes out to $8,500 (6%) lower than Hutchinson. The rent there is a lot less expensive. The median rent in Silver Lake is $525 a month, which comes out to $310 (59%) lower than Hutchinson.
Brownton
Brownton is about 9 miles south from Hutchinson. Its housing prices are significantly less expensive. The value of the median home in Brownton is $87,700, which works out to $61,500 (70%) lower than Hutchinson. Rents there are significantly less expensive. In Brownton the median rent is $563 a month, which is $272 (48%) lower than Hutchinson.
Stewart
Stewart is roughly 11 miles southwest of Hutchinson. Housing prices there are substantially less expensive. The median home cost in Stewart is $68,400, which is $80,800 (118%) lower than Hutchinson. Its rents are a bit less expensive. In Stewart the median monthly rent is $638, which comes out to $197 (30%) lower than Hutchinson.
Glencoe
Glencoe is about 11 miles southeast from Hutchinson. Housing prices there are similar. Glencoe's median home cost is $147,300, which comes out to $1,900 (1%) lower than Hutchinson. The rent there is somewhat less expensive. In Glencoe the median monthly rent is $689, which is $146 (21%) lower than Hutchinson.
