Hutchinson Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Hutchinson averaged 7.12% for the week of 2023-09-14, compared to the national average of 7.18% for the same period.

The average rate for the prior week (2023-09-07) was 6.76% and one month ago for the week of 2023-08-10, the average rate was 6.7%.

Hutchinson's average rate one year ago was 5.63%.

For refis of the same type during the week of 2023-09-14, the average rate was 7.28%.

Loan Type Date Rate
US 30 Year Fixed Rate 2023-09-14 7.18%
Hutchinson 30 Year Fixed Rate 2023-09-14 7.12%
Hutchinson 30 Year Fixed Rate Refi 2023-09-14 7.28%
Hutchinson 15 Year Fixed Rate 2023-09-14 6.51%
Hutchinson 15 Year Fixed Rate Refi 2023-09-14 6.41%
Hutchinson 30 Year FHA 2023-09-14 6.95%
Hutchinson 30 Year FHA Refi 2023-09-14 7.09%
Hutchinson 30 Year USDA 2023-09-14 7.18%
Hutchinson 30 Year USDA Refi 2023-09-14 7.08%
Hutchinson 30 Year VA 2023-09-14 7.01%
Hutchinson 30 Year VA Refi 2023-09-14 6.71%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hutchinson, KS.

Hutchinson Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Hutchinson, KS market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
HEARTLAND CREDIT UNION 85 4.85% $2,263
PRIMARY RESIDENTIAL MORTGAGE, INC. 51 5.48% $4,060
CREDIT UNION OF AMERICA 37 5.06% $2,524
OPEN MORTGAGE, LLC 23 5.37% $4,603
QUICKEN LOANS, LLC 17 5.35% $4,706
UNITED WHOLESALE MORTGAGE, LLC 6 5.71% $4,948
Gateway First Bank 6 4.79% $3,576
Regent Financial Group, Inc. 5 5.10% $3,616
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 5.30% $3,726
Envista Credit Union 5 5.08% $3,000
Wells Fargo Bank 4 5.88% $4,316
MERITRUST Federal Credit Union 4 5.31% $3,508
Mr. Cooper ( Nationstar Mortgage ) 4 4.59% $4,931
FLAT BRANCH MORTGAGE, INC. 4 5.84% $5,580
RCB Bank 4 4.16% $10,198
Simmons Bank 4 5.66% $2,493
Capitol Federal Savings Bank 3 4.75% $2,737
AMERISAVE MORTGAGE CORPORATION 3 4.58% $7,360
Bank of America 3 4.29% $2,927
Commerce Bank 3 4.46% $3,178
Sierra Pacific Mortgage Company, Inc. 3 5.79% $3,835
LOANDEPOT.COM, LLC 3 4.54% $3,512
HOME POINT FINANCIAL CORPORATION 3 3.67% $2,819
CROSSCOUNTRY MORTGAGE, LLC 2 6.50% $4,261
M&T Bank 2 4.00% $4,954
USAA Federal Savings Bank 2 6.56% $2,883
Discover Bank 2 6.74% $0
JPMorgan Chase Bank 2 6.37% $880
GOLDEN PLAINS 2 6.25% $1,747
DELMAR FINANCIAL COMPANY 2 3.75% $3,512
Sunflower Bank 1 4.99% $4,334
The Central Trust Bank 1 4.38% $2,439
U.S. Bank 1 3.25% $2,209
US MORTGAGE CORPORATION 1 7.00% $3,692
Waterstone Mortgage Corporation 1 5.50% $4,819
JAMES B. NUTTER & COMPANY 1 6.50% $4,919
AMERICAN FINANCING CORPORATION 1 4.75% $4,703
Arvest Bank 1 3.63% $3,110
Austin Capital Bank SSB 1 6.50% $5,026
Bank of the West 1 4.00% $3,524
BETTER MORTGAGE CORPORATION 1 3.88% $2,254
BNC National Bank 1 3.63% $2,596
Chicago Mortgage Solutions LLC 1 4.08% $960
Community National Bank & Trust 1 5.00% $2,601
DAS Acquisition Company, LLC 1 6.13% $3,846
Emprise Bank 1 5.00% $1,643
FBC MORTGAGE, LLC 1 6.50% $2,836
Fidelity Bank 1 7.00% $2,654
FINANCE OF AMERICA MORTGAGE LLC 1 4.13% $5,773
Flagstar Bank, FSB 1 6.00% $3,720
FREEDOM MORTGAGE CORPORATION 1 6.88% $9,481
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 3.88% $7,279
21ST MORTGAGE CORPORATION 1 5.99% $6,028
LEADERONE FINANCIAL CORPORATION 1 5.63% $2,497
Magnolia Bank 1 4.38% $13,737
Mortgage Research Center, LLC 1 5.50% $4,659
MUTUAL OF OMAHA MORTGAGE, INC. 1 6.00% $7,392
NAVY FEDERAL CREDIT UNION 1 3.75% $1,492
NBH Bank 1 4.00% $3,448
NETWORK CAPITAL FUNDING CORPORATION 1 5.75% $3,757
North American Savings Bank, F.S.B. 1 5.50% $1,761
Northpointe Bank 1 3.00% $4,923
PENNYMAC LOAN SERVICES, LLC 1 2.87% $1,969
PHH Mortgage Corporation 1 4.88% $5,861
Plains Commerce Bank 1 3.75% $2,580

Hutchinson Average Closing Costs & Other Stats

Hutchinson, KS's 65 lenders originated 977 loans during 2022. The total origination value was $135,495,000, with an average loan value of $138,685.

Hutchinson's average closing costs are $3,579.

The top Hutchinson lender as defined by loan originations is HEARTLAND CREDIT UNION, with 85 loans originated. Their average total fees are $2,263, which is $1,796 lower than the next largest lender, PRIMARY RESIDENTIAL MORTGAGE, INC..

The lowest fee Hutchinson lenders (with over 10 loans originated) are HEARTLAND CREDIT UNION ($2,263), CREDIT UNION OF AMERICA ($2,524), PRIMARY RESIDENTIAL MORTGAGE, INC. ($4,060), OPEN MORTGAGE, LLC ($4,603) and QUICKEN LOANS, LLC ($4,706).

The lowest rate Hutchinson lenders (with over 10 loans originated) are HEARTLAND CREDIT UNION (4.85%), CREDIT UNION OF AMERICA (5.06%), QUICKEN LOANS, LLC (5.35%), OPEN MORTGAGE, LLC (5.37%) and PRIMARY RESIDENTIAL MORTGAGE, INC. (5.48%).

Hutchinson, KS Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
PRIMARY RESIDENTIAL MORTGAGE, INC. $32,105,000 $17,550,000 -45.3% 13.0%
HEARTLAND CREDIT UNION $43,065,000 $17,040,000 -60.4% 12.6%
CREDIT UNION OF AMERICA $10,170,000 $7,890,000 -22.4% 5.8%
QUICKEN LOANS, LLC $12,395,000 $7,275,000 -41.3% 5.4%
OPEN MORTGAGE, LLC $9,885,000 $7,175,000 -27.4% 5.3%
RCB Bank $3,480,000 $5,235,000 50.4% 3.9%
Mortgage Research Center, LLC $2,965,000 $2,810,000 -5.2% 2.1%
Gateway First Bank $1,475,000 $2,470,000 67.5% 1.8%
Members Mortgage Services, L.L.C. $3,370,000 $2,430,000 -27.9% 1.8%
UNITED WHOLESALE MORTGAGE, LLC $495,000 $2,270,000 358.6% 1.7%
Exchange Bank $1,955,000 n/a 1.4%
FREEDOM MORTGAGE CORPORATION $5,410,000 $1,935,000 -64.2% 1.4%
Landmark National Bank $380,000 $1,615,000 325.0% 1.2%
Mr. Cooper ( Nationstar Mortgage ) $2,135,000 $1,570,000 -26.5% 1.2%
Wells Fargo Bank $2,565,000 $1,410,000 -45.0% 1.0%
FLAT BRANCH MORTGAGE, INC. $1,710,000 $1,325,000 -22.5% 1.0%
Emprise Bank $1,240,000 $1,310,000 5.6% 1.0%
Envista Credit Union $635,000 $1,285,000 102.4% 0.9%
HOME POINT FINANCIAL CORPORATION $3,840,000 $1,285,000 -66.5% 0.9%
MERITRUST Federal Credit Union $1,240,000 $1,280,000 3.2% 0.9%
Capitol Federal Savings Bank $405,000 $1,260,000 211.1% 0.9%
NEW DAY FINANCIAL, LLC $760,000 $1,130,000 48.7% 0.8%
Commerce Bank $930,000 $1,110,000 19.4% 0.8%
Garden Plain State Bank $685,000 $1,090,000 59.1% 0.8%
Community National Bank & Trust $330,000 $1,045,000 216.7% 0.8%
AMERISAVE MORTGAGE CORPORATION $1,170,000 $955,000 -18.4% 0.7%
NAVY FEDERAL CREDIT UNION $1,090,000 $935,000 -14.2% 0.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,195,000 $855,000 -28.5% 0.6%
LOANDEPOT.COM, LLC $1,360,000 $805,000 -40.8% 0.6%
DELMAR FINANCIAL COMPANY $645,000 $770,000 19.4% 0.6%
Citizens Bank of Kansas $380,000 $675,000 77.6% 0.5%
PENNYMAC LOAN SERVICES, LLC $3,120,000 $665,000 -78.7% 0.5%
Regent Financial Group, Inc. $1,620,000 $655,000 -59.6% 0.5%
Fidelity Bank $1,540,000 $645,000 -58.1% 0.5%
Bank of America $315,000 $630,000 100.0% 0.5%
USAA Federal Savings Bank $765,000 $550,000 -28.1% 0.4%
Simmons Bank $455,000 $520,000 14.3% 0.4%
PRIMELENDING, A PLAINSCAPITAL COMPANY $735,000 $515,000 -29.9% 0.4%
Flagstar Bank, FSB $455,000 $485,000 6.6% 0.4%
CMG MORTGAGE, INC. $260,000 $475,000 82.7% 0.4%
The Citizens State Bank $2,760,000 $455,000 -83.5% 0.3%
Plains Commerce Bank $420,000 $450,000 7.1% 0.3%
American National Bank $445,000 n/a 0.3%
Waterstone Mortgage Corporation $445,000 n/a 0.3%
KS StateBank $310,000 $440,000 41.9% 0.3%
Sierra Pacific Mortgage Company, Inc. $390,000 $440,000 12.8% 0.3%
GOLDEN PLAINS $415,000 $435,000 4.8% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $430,000 n/a 0.3%
Magnolia Bank $425,000 n/a 0.3%
NBH Bank $145,000 $415,000 186.2% 0.3%
BETTER MORTGAGE CORPORATION $375,000 n/a 0.3%
Wichita Federal Credit Union $660,000 $370,000 -43.9% 0.3%
Northpointe Bank $575,000 $365,000 -36.5% 0.3%
The Union State Bank $620,000 $360,000 -41.9% 0.3%
The Halstead Bank $380,000 $355,000 -6.6% 0.3%
LAKEVIEW LOAN SERVICING, LLC $580,000 $330,000 -43.1% 0.2%
Armed Forces Bank $315,000 n/a 0.2%
HOMEBRIDGE FINANCIAL SERVICES, INC. $315,000 n/a 0.2%
PHH Mortgage Corporation $75,000 $310,000 313.3% 0.2%
FINANCE OF AMERICA MORTGAGE LLC $215,000 $295,000 37.2% 0.2%
CALIBER HOME LOANS, INC. $775,000 $290,000 -62.6% 0.2%
Exchange Bank of Missouri $285,000 n/a 0.2%
AMERICAN FINANCING CORPORATION $1,040,000 $275,000 -73.6% 0.2%
Farm Credit Mid-America, ACA $215,000 $275,000 27.9% 0.2%
NEWREZ LLC $670,000 $275,000 -59.0% 0.2%
GERSHMAN INVESTMENT CORP. $265,000 n/a 0.2%
Discover Bank $260,000 n/a 0.2%
Bank of the West $310,000 $255,000 -17.7% 0.2%
M&T Bank $165,000 $250,000 51.5% 0.2%
North American Savings Bank, F.S.B. $405,000 $245,000 -39.5% 0.2%
Arvest Bank $75,000 $230,000 206.7% 0.2%
CROSSCOUNTRY MORTGAGE, LLC $230,000 n/a 0.2%
LEADERONE FINANCIAL CORPORATION $990,000 $230,000 -76.8% 0.2%
Carrington Mortgage Services, LLC $65,000 $220,000 238.5% 0.2%
PEOPLES STATE BANK $220,000 n/a 0.2%
JAMES B. NUTTER & COMPANY $205,000 n/a 0.2%
21ST MORTGAGE CORPORATION $385,000 $180,000 -53.2% 0.1%
JPMorgan Chase Bank $255,000 $180,000 -29.4% 0.1%
The Stock Exchange Bank $180,000 n/a 0.1%
The Central Trust Bank $135,000 $175,000 29.6% 0.1%
FBC MORTGAGE, LLC $160,000 n/a 0.1%
The Bennington State Bank $480,000 $160,000 -66.7% 0.1%
Chicago Mortgage Solutions LLC $135,000 n/a 0.1%
Farmers Bank & Trust $125,000 n/a 0.1%
INLAND BANK & TRUST $410,000 $125,000 -69.5% 0.1%
KANZA Bank $320,000 $125,000 -60.9% 0.1%
Nations Lending Corporation $285,000 $125,000 -56.1% 0.1%
Sunflower Bank $425,000 $125,000 -70.6% 0.1%
U.S. Bank $1,395,000 $120,000 -91.4% 0.1%
CHURCHILL MORTGAGE CORPORATION $185,000 $115,000 -37.8% 0.1%
DAS Acquisition Company, LLC $105,000 n/a 0.1%
EVERETT FINANCIAL, INC. $105,000 n/a 0.1%
Intrust Bank $660,000 $105,000 -84.1% 0.1%
MID AMERICA MORTGAGE, INC. $135,000 $105,000 -22.2% 0.1%
US MORTGAGE CORPORATION $105,000 n/a 0.1%
ACADEMY MORTGAGE CORPORATION $95,000 n/a 0.1%
NETWORK CAPITAL FUNDING CORPORATION $95,000 n/a 0.1%
AMERICAN FINANCIAL RESOURCES, INC. $115,000 $85,000 -26.1% 0.1%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $85,000 n/a 0.1%
Austin Capital Bank SSB $85,000 n/a 0.1%
Equity Prime Mortgage LLC $85,000 $85,000 0.0% 0.1%
MID AMERICAN $465,000 $85,000 -81.7% 0.1%
VALLEY STATE BANK $45,000 $85,000 88.9% 0.1%
THRIVE MORTGAGE, LLC $80,000 n/a 0.1%
BROKER SOLUTIONS, INC. $665,000 $75,000 -88.7% 0.1%
Citizens Bank $75,000 n/a 0.1%
Legacy Bank $75,000 n/a 0.1%
NUMARK CREDIT UNION $75,000 n/a 0.1%
REVERSE MORTGAGE FUNDING LLC $65,000 n/a 0.0%
ROYAL UNITED MORTGAGE LLC $130,000 $65,000 -50.0% 0.0%
BNC National Bank $395,000 $55,000 -86.1% 0.0%
Northwest Farm Credit Services, FLCA $315,000 $55,000 -82.5% 0.0%
PNC Bank $370,000 $45,000 -87.8% 0.0%
SPRING EQ, LLC $45,000 n/a 0.0%
TRIAD FINANCIAL SERVICES, INC. $155,000 $35,000 -77.4% 0.0%
Deere Employees Credit Union $25,000 n/a 0.0%

Hutchinson's top lender by overall market share is PRIMARY RESIDENTIAL MORTGAGE, INC., with 13.0% market share. In second place, with 12.6%, is HEARTLAND CREDIT UNION, having originated $17,040,000 in loans. In third place, with 5.8%, is CREDIT UNION OF AMERICA, having originated $7,890,000 in loans. In fourth place, with 5.4%, is QUICKEN LOANS, LLC, having originated $7,275,000 in loans. In fifth place, with 5.3%, is OPEN MORTGAGE, LLC, having originated $7,175,000 in loans.


Hutchinson Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - Hutchinson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $99,438 (4.7%) $144,853 (3.1%) 0.00 250
2018-02-01 $99,925 (-5.2%) $144,397 (-2.4%) 0.00 236
2018-03-01 $105,950 (-1.7%) $146,945 (0.3%) 0.00 239
2018-04-01 $106,725 (-8.8%) $147,406 (-3.3%) 0.00 247
2018-05-01 $110,550 (-4.9%) $154,421 (0.5%) 0.00 259
2018-06-01 $115,000 (-0.4%) $159,645 (2.1%) 0.00 283
2018-07-01 $119,050 (3.5%) $170,224 (8.4%) 0.00 281
2018-08-01 $115,000 (4.6%) $169,026 (13.5%) 0.00 283
2018-09-01 $115,900 (0.1%) $174,397 (16.2%) 0.00 275
2018-10-01 $115,750 (-0.8%) $172,155 (11.2%) 0.00 286
2018-11-01 $112,700 (0.2%) $166,216 (9.4%) 0.00 283
2018-12-01 $108,250 (-1.5%) $165,831 (10.9%) 0.00 266
2019-01-01 $104,300 (4.9%) $160,020 (10.5%) 0.00 249
2019-02-01 $101,550 (1.6%) $159,180 (10.2%) 0.00 224
2019-03-01 $109,714 (3.6%) $172,236 (17.2%) 0.00 216
2019-04-01 $115,000 (7.8%) $179,391 (21.7%) 0.00 217
2019-05-01 $125,000 (13.1%) $184,140 (19.3%) 0.00 218
2019-06-01 $109,900 (-4.4%) $176,680 (10.7%) 0.00 214
2019-07-01 $99,700 (-16.3%) $167,023 (-1.9%) 0.00 238
2019-08-01 $102,745 (-10.7%) $168,505 (-0.3%) 0.00 240
2019-09-01 $108,514 (-6.4%) $172,901 (-0.9%) 0.00 239
2019-10-01 $113,750 (-1.7%) $176,092 (2.3%) 0.00 239
2019-11-01 $112,000 (-0.6%) $172,310 (3.7%) 0.00 254
2019-12-01 $99,950 (-7.7%) $168,519 (1.6%) 0.00 245
2020-01-01 $99,900 (-4.2%) $164,911 (3.1%) 0.00 231
2020-02-01 $99,900 (-1.6%) $161,884 (1.7%) 0.00 228
2020-03-01 $105,750 (-3.6%) $167,924 (-2.5%) 0.00 203
2020-04-01 $107,700 (-6.4%) $169,338 (-5.6%) 0.00 176
2020-05-01 $114,900 (-8.1%) $177,732 (-3.5%) 0.00 151
2020-06-01 $102,313 (-6.9%) $192,159 (8.8%) 0.00 129
2020-07-01 $121,475 (21.8%) $201,010 (20.4%) 0.00 131
2020-08-01 $119,900 (16.7%) $204,966 (21.6%) 0.00 106
2020-09-01 $119,900 (10.5%) $195,525 (13.1%) 0.00 108
2020-10-01 $104,500 (-8.1%) $170,054 (-3.4%) 0.00 107
2020-11-01 $92,935 (-17.0%) $159,007 (-7.7%) 0.00 96
2020-12-01 $109,950 (10.0%) $175,135 (3.9%) 0.00 89
2021-01-01 $94,900 (-5.0%) $168,918 (2.4%) 0.00 65
2021-02-01 $99,900 (0.0%) $158,046 (-2.4%) 0.00 46
2021-03-01 $106,975 (1.2%) $200,450 (19.4%) 0.00 44
2021-04-01 $114,325 (6.2%) $193,806 (14.5%) 0.00 54
2021-05-01 $139,950 (21.8%) $217,868 (22.6%) 0.00 51
2021-06-01 $135,800 (32.7%) $220,486 (14.7%) 0.00 61
2021-07-01 $140,000 (15.3%) $212,251 (5.6%) 0.00 66
2021-08-01 $136,175 (13.6%) $206,624 (0.8%) 0.00 67
2021-09-01 $111,725 (-6.8%) $177,322 (-9.3%) 0.00 67
2021-10-01 $109,900 (5.2%) $163,228 (-4.0%) 0.00 74
2021-11-01 $88,900 (-4.3%) $161,753 (1.7%) 0.00 69
2021-12-01 $90,425 (-17.8%) $144,596 (-17.4%) 0.00 54
2022-01-01 $95,000 (0.1%) $169,412 (0.3%) 0.00 49
2022-02-01 $94,450 (-5.5%) $161,549 (2.2%) 0.00 45
2022-03-01 $104,950 (-1.9%) $175,757 (-12.3%) 0.00 44
2022-04-01 $115,000 (0.6%) $170,524 (-12.0%) 0.00 53
2022-05-01 $129,525 (-7.5%) $172,090 (-21.0%) 0.00 65
2022-06-01 $131,500 (-3.2%) $185,904 (-15.7%) 0.00 57
2022-07-01 $125,000 (-10.7%) $197,864 (-6.8%) 0.00 59
2022-08-01 $122,500 (-10.0%) $163,217 (-21.0%) 0.00 67
2022-09-01 $118,225 (5.8%) $158,768 (-10.5%) 0.00 79
2022-10-01 $114,900 (4.6%) $149,483 (-8.4%) 0.00 79
2022-11-01 $107,100 (20.5%) $149,681 (-7.5%) 0.00 75
2022-12-01 $122,400 (35.4%) $145,526 (0.6%) 0.00 76
2023-01-01 $136,225 (43.4%) $162,149 (-4.3%) 0.00 81
2023-02-01 $146,500 (55.1%) $167,594 (3.7%) 0.00 75
2023-03-01 $142,450 (35.7%) $163,872 (-6.8%) 0.00 69
2023-04-01 $135,000 (17.4%) $169,886 (-0.4%) 0.00 66
2023-05-01 $142,500 (10.0%) $167,275 (-2.8%) 0.00 72
2023-06-01 $138,675 (5.5%) $173,264 (-6.8%) 0.00 92
2023-07-01 $142,450 (14.0%) $173,205 (-12.5%) 0.00 102
2023-08-01 $120,000 (-2.0%) $165,635 (1.5%) 0.00 94
Hutchinson's median listing price for 2023-08-01 was $120,000, a difference of $-2,500 (-2.0%) versus the prior year and $-22,450 versus the prior month.

Hutchinson's median listing price comes in at 0% of the national average.

Hutchinson's average listing price for 2023-08-01 was $165,635, a difference of $2,418 (1.5%) versus the prior year and $-7,570 versus the prior month.

For the 2023-08-01 period, Hutchinson had 94 MLS listings, a difference of -8 listings (-8%) versus the prior month and 27 listings (40%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - Hutchinson (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 0 days 1,721 sqft
2018-02-01 0 days 1,673 sqft
2018-03-01 0 days 1,717 sqft
2018-04-01 0 days 1,643 sqft
2018-05-01 0 days 1,649 sqft
2018-06-01 0 days 1,717 sqft
2018-07-01 0 days 1,728 sqft
2018-08-01 0 days 1,721 sqft
2018-09-01 0 days 1,728 sqft
2018-10-01 0 days 1,787 sqft
2018-11-01 0 days 1,730 sqft
2018-12-01 0 days 1,698 sqft
2019-01-01 0 days 1,697 sqft
2019-02-01 0 days 1,707 sqft
2019-03-01 0 days 1,717 sqft
2019-04-01 0 days 1,721 sqft
2019-05-01 0 days 1,779 sqft
2019-06-01 0 days 1,770 sqft
2019-07-01 0 days 1,678 sqft
2019-08-01 0 days 1,661 sqft
2019-09-01 0 days 1,686 sqft
2019-10-01 0 days 1,725 sqft
2019-11-01 0 days 1,717 sqft
2019-12-01 0 days 1,660 sqft
2020-01-01 0 days 1,664 sqft
2020-02-01 0 days 1,644 sqft
2020-03-01 0 days 1,709 sqft
2020-04-01 0 days 1,766 sqft
2020-05-01 0 days 1,783 sqft
2020-06-01 0 days 1,752 sqft
2020-07-01 0 days 1,823 sqft
2020-08-01 0 days 1,858 sqft
2020-09-01 0 days 1,792 sqft
2020-10-01 0 days 1,654 sqft
2020-11-01 0 days 1,549 sqft
2020-12-01 0 days 1,653 sqft
2021-01-01 0 days 1,484 sqft
2021-02-01 0 days 1,523 sqft
2021-03-01 0 days 1,768 sqft
2021-04-01 0 days 1,696 sqft
2021-05-01 0 days 1,728 sqft
2021-06-01 0 days 1,720 sqft
2021-07-01 0 days 1,761 sqft
2021-08-01 0 days 1,724 sqft
2021-09-01 0 days 1,629 sqft
2021-10-01 0 days 1,536 sqft
2021-11-01 0 days 1,468 sqft
2021-12-01 0 days 1,432 sqft
2022-01-01 0 days 1,534 sqft
2022-02-01 0 days 1,458 sqft
2022-03-01 0 days 1,481 sqft
2022-04-01 0 days 1,498 sqft
2022-05-01 0 days 1,505 sqft
2022-06-01 0 days 1,554 sqft
2022-07-01 0 days 1,585 sqft
2022-08-01 0 days 1,528 sqft
2022-09-01 0 days 1,510 sqft
2022-10-01 0 days 1,454 sqft
2022-11-01 0 days 1,386 sqft
2022-12-01 0 days 1,436 sqft
2023-01-01 0 days 1,496 sqft
2023-02-01 0 days 1,579 sqft
2023-03-01 0 days 1,562 sqft
2023-04-01 0 days 1,607 sqft
2023-05-01 0 days 1,765 sqft
2023-06-01 0 days 1,636 sqft
2023-07-01 0 days 1,757 sqft
2023-08-01 0 days 1,545 sqft
Hutchinson's median listing age (time on market) for 2023-08-01 was 0 days.

Hutchinson's median square footage for active listings during the 2023-08-01 period was 1,545 sqft. One year prior, the average listing was 1,528 sqft.

Hutchinson, KS Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 626 $95,050,000 $151,837
Refi 145 $21,905,000 $151,069
Cash Out Refi 120 $14,420,000 $120,167
Home Improvement 53 $2,345,000 $44,245
Other 33 $1,775,000 $53,788

Hutchinson's most frequently cited loan purpose was Home Purchase, with 626 originations. The 2nd most popular reason was Refi, with 145 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
5-6% 246 $38,930,000 $158,252
4-5% 198 $27,110,000 $136,919
3-4% 177 $23,165,000 $130,876
6-7% 121 $14,435,000 $119,298
2.5-3% 38 $5,860,000 $154,211
7-8% 37 $3,425,000 $92,568
Over 8% 9 $515,000 $57,222
<2.5% 8 $1,060,000 $132,500

During 2022, Hutchinson's most frequently originated rate bucket was 5-6%, with 246 originations.

Loan Sizing (Hutchinson, KS MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 420 $25,680,000 $61,143
$100k-200k 377 $52,135,000 $138,289
$200k-400k 161 $42,845,000 $266,118
$400k-600k 13 $6,195,000 $476,538
$Over $1MM 4 $7,200,000 $1,800,000
$600k-1000k 2 $1,440,000 $720,000

Hutchinson's loan sizing saw the bucket of loans from $100,000 or less with 420 originations, totaling $25,680,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 464 $69,290,000 $149,332
60-80% 208 $32,080,000 $154,231
40-60% 58 $5,270,000 $90,862
20-40% 48 $3,210,000 $66,875
Under 20% 39 $1,335,000 $34,231
Over 100% 10 $2,180,000 $218,000

Hutchinson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 464 originations, totaling $69,290,000 in origination value.