Hutchinson Mortgage Rates & Closing Costs

  • JUMP TO:
  • Trends
  • Rates vs. Fees
  • Top Lenders
  • Market Share
  • Market Conditions & Pricing
  • Time on Market/Property Size
  • Loan Attributes
    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Hutchinson averaged 6.74% for the week of 2024-11-14, compared to the national average of 6.78% for the same period.

    The average rate for the prior week (2024-11-07) was 6.85% and one month ago for the week of 2024-10-10, the average rate was 6.48%.

    Hutchinson's average rate one year ago was 7.76%.

    For refis of the same type during the week of 2024-11-14, the average rate was 7.08%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2024-11-14 6.78%
    Hutchinson 30 Year Fixed Rate 2024-11-14 6.74%
    Hutchinson 30 Year Fixed Rate Refi 2024-11-14 7.08%
    Hutchinson 15 Year Fixed Rate 2024-11-14 5.99%
    Hutchinson 15 Year Fixed Rate Refi 2024-11-14 6.49%
    Hutchinson 30 Year FHA 2024-11-14 -0.05%
    Hutchinson 30 Year FHA Refi 2024-11-14 -0.1%
    Hutchinson 30 Year USDA 2024-11-14 0.2%
    Hutchinson 30 Year USDA Refi 2024-11-14 -0.2%
    Hutchinson 30 Year VA 2024-11-14 0.2%
    Hutchinson 30 Year VA Refi 2024-11-14 0%
    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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
    HEARTLAND CREDIT UNION 61 7.15% $2,987
    PRIMARY RESIDENTIAL MORTGAGE, INC. 27 6.94% $4,296
    OPEN MORTGAGE, LLC 17 6.92% $3,910
    QUICKEN LOANS, LLC 16 6.73% $5,279
    CREDIT UNION OF AMERICA 9 7.01% $2,796
    UNITED WHOLESALE MORTGAGE, LLC 8 6.92% $5,677
    Commerce Bank 7 6.66% $2,874
    FLAT BRANCH MORTGAGE, INC. 5 6.84% $3,565
    Envista Credit Union 5 6.53% $2,755
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 4 7.34% $6,533
    MERITRUST Federal Credit Union 4 6.25% $3,580
    Regent Financial Group, Inc. 4 6.94% $4,432
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 3 6.75% $3,769
    MID AMERICAN 2 8.13% $3,206
    ZILLOW HOME LOANS, LLC 2 7.19% $3,738
    Equity Bank 2 6.43% $3,232
    Mr. Cooper ( Nationstar Mortgage ) 2 7.18% $7,178
    NAVY FEDERAL CREDIT UNION 2 6.13% $1,581
    First Savings Bank 2 6.69% $6,044
    Flagstar Bank, FSB 2 7.31% $4,162
    BROKER SOLUTIONS, INC. 2 7.50% $4,400
    PENTAGON FEDERAL CREDIT UNION 2 5.94% $1,965
    Gateway First Bank 2 6.81% $1,713
    RCB Bank 2 6.20% $2,443
    Sierra Pacific Mortgage Company, Inc. 2 7.13% $3,884
    BOKF 2 7.06% $3,310
    U.S. Bank 2 7.31% $3,183
    The Huntington National Bank 1 7.50% $3,509
    US MORTGAGE CORPORATION 1 6.38% $4,080
    Wells Fargo Bank 1 7.13% $3,515
    Neighborhood Loans, Inc. 1 6.13% $7,898
    AMERICAN FINANCING CORPORATION 1 6.00% $5,020
    Bankers' Bank 1 6.75% $7,017
    Bank of America 1 7.38% $2,074
    Capitol Federal Savings Bank 1 7.38% $2,726
    Central National Bank 1 6.88% $1,189
    COMMUNITYAMERICA 1 6.63% $2,487
    Community National Bank & Trust 1 7.75% $1,756
    DAS Acquisition Company, LLC 1 7.50% $3,819
    Discover Bank 1 8.49% $0
    FREEDOM MORTGAGE CORPORATION 1 7.13% $9,255
    Great Plains Federal Credit Un 1 6.62% $3,126
    GUARANTEED RATE, INC. 1 7.48% $1,736
    JPMorgan Chase Bank 1 7.88% $2,982
    Landmark National Bank 1 6.25% $2,627
    MAINSTREET FEDERAL CREDIT UNION 1 6.50% $2,550
    Mortgage Research Center, LLC 1 7.38% $2,092
    NBH Bank 1 6.75% $2,325
    Ally Bank 1 8.00% $2,239
    North American Savings Bank, F.S.B. 1 7.00% $3,103
    PANHANDLE FEDERAL CREDIT UNION 1 5.59% $1,874
    PENNYMAC LOAN SERVICES, LLC 1 6.00% $7,058
    Plains Commerce Bank 1 6.99% $4,584
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.63% $5,168
    Simmons Bank 1 6.50% $1,632
    Sunflower Bank 1 6.49% $2,679
    The Federal Savings Bank 1 6.25% $3,549

    Hutchinson Average Closing Costs & Other Stats

    Hutchinson, KS's 57 lenders originated 893 loans during 2023. The total origination value was $111,325,000, with an average loan value of $124,664.

    Hutchinson's average closing costs are $3,696.

    The top Hutchinson lender as defined by loan originations is HEARTLAND CREDIT UNION, with 61 loans originated. Their average total fees are $2,987, which is $1,309 lower than the next largest lender, PRIMARY RESIDENTIAL MORTGAGE, INC..

    The lowest fee Hutchinson lenders (with over 10 loans originated) are HEARTLAND CREDIT UNION ($2,987), OPEN MORTGAGE, LLC ($3,910), PRIMARY RESIDENTIAL MORTGAGE, INC. ($4,296), QUICKEN LOANS, LLC ($5,279) and .

    The lowest rate Hutchinson lenders (with over 10 loans originated) are QUICKEN LOANS, LLC (6.73%), OPEN MORTGAGE, LLC (6.92%), PRIMARY RESIDENTIAL MORTGAGE, INC. (6.94%), HEARTLAND CREDIT UNION (7.15%) and .

    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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
    PRIMARY RESIDENTIAL MORTGAGE, INC. $17,550,000 $11,500,000 -34.5% 10.3%
    HEARTLAND CREDIT UNION $17,040,000 $11,145,000 -34.6% 10.0%
    QUICKEN LOANS, LLC $7,275,000 $5,110,000 -29.8% 4.6%
    OPEN MORTGAGE, LLC $7,175,000 $3,595,000 -49.9% 3.2%
    Mortgage Research Center, LLC $2,810,000 $3,405,000 21.2% 3.1%
    RCB Bank $5,235,000 $2,790,000 -46.7% 2.5%
    CREDIT UNION OF AMERICA $7,890,000 $2,380,000 -69.8% 2.1%
    UNITED WHOLESALE MORTGAGE, LLC $2,270,000 $2,050,000 -9.7% 1.8%
    FLAT BRANCH MORTGAGE, INC. $1,325,000 $1,660,000 25.3% 1.5%
    The Citizens State Bank $455,000 $1,660,000 264.8% 1.5%
    Gateway First Bank $2,470,000 $1,570,000 -36.4% 1.4%
    MERITRUST Federal Credit Union $1,280,000 $1,275,000 -0.4% 1.1%
    Commerce Bank $1,110,000 $1,265,000 14.0% 1.1%
    Flagstar Bank, FSB $485,000 $1,185,000 144.3% 1.1%
    Envista Credit Union $1,285,000 $1,030,000 -19.8% 0.9%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $970,000 n/a 0.9%
    Sierra Pacific Mortgage Company, Inc. $440,000 $850,000 93.2% 0.8%
    NAVY FEDERAL CREDIT UNION $935,000 $795,000 -15.0% 0.7%
    USAA Federal Savings Bank $550,000 $785,000 42.7% 0.7%
    FREEDOM MORTGAGE CORPORATION $1,935,000 $745,000 -61.5% 0.7%
    PENNYMAC LOAN SERVICES, LLC $665,000 $735,000 10.5% 0.7%
    Exchange Bank of Missouri $285,000 $705,000 147.4% 0.6%
    Capitol Federal Savings Bank $1,260,000 $575,000 -54.4% 0.5%
    Mr. Cooper ( Nationstar Mortgage ) $1,570,000 $545,000 -65.3% 0.5%
    Central National Bank $510,000 n/a 0.5%
    Emprise Bank $1,310,000 $505,000 -61.5% 0.5%
    Regent Financial Group, Inc. $655,000 $470,000 -28.2% 0.4%
    PENTAGON FEDERAL CREDIT UNION $450,000 n/a 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $855,000 $435,000 -49.1% 0.4%
    U.S. Bank $120,000 $435,000 262.5% 0.4%
    ZILLOW HOME LOANS, LLC $405,000 n/a 0.4%
    Wells Fargo Bank $1,410,000 $400,000 -71.6% 0.4%
    Bankers' Bank $395,000 n/a 0.4%
    CROSSCOUNTRY MORTGAGE, LLC $230,000 $380,000 65.2% 0.3%
    Community National Bank & Trust $1,045,000 $375,000 -64.1% 0.3%
    Plains Commerce Bank $450,000 $350,000 -22.2% 0.3%
    Equity Bank $335,000 n/a 0.3%
    LOANDEPOT.COM, LLC $805,000 $335,000 -58.4% 0.3%
    BOKF $330,000 n/a 0.3%
    Neighborhood Loans, Inc. $330,000 n/a 0.3%
    Garden Plain State Bank $1,090,000 $320,000 -70.6% 0.3%
    Members Mortgage Services, L.L.C. $2,430,000 $305,000 -87.4% 0.3%
    LEADERONE FINANCIAL CORPORATION $230,000 $285,000 23.9% 0.3%
    NBH Bank $415,000 $285,000 -31.3% 0.3%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $515,000 $285,000 -44.7% 0.3%
    First Savings Bank $280,000 n/a 0.3%
    US MORTGAGE CORPORATION $105,000 $280,000 166.7% 0.3%
    VALLEY STATE BANK $85,000 $270,000 217.6% 0.2%
    NEWREZ LLC $275,000 $260,000 -5.5% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $330,000 $255,000 -22.7% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $430,000 $250,000 -41.9% 0.2%
    The Bennington State Bank $160,000 $250,000 56.3% 0.2%
    Andover State Bank $245,000 n/a 0.2%
    MAINSTREET FEDERAL CREDIT UNION $235,000 n/a 0.2%
    LOANPAL, LLC $230,000 n/a 0.2%
    MORTGAGE SOLUTIONS OF COLORADO, LLC $230,000 n/a 0.2%
    21ST MORTGAGE CORPORATION $180,000 $225,000 25.0% 0.2%
    FINANCE OF AMERICA REVERSE LLC $225,000 n/a 0.2%
    DAS Acquisition Company, LLC $105,000 $215,000 104.8% 0.2%
    Mid-America Bank $215,000 n/a 0.2%
    PANHANDLE FEDERAL CREDIT UNION $215,000 n/a 0.2%
    AmRes Corporation $205,000 n/a 0.2%
    GUILD MORTGAGE COMPANY $205,000 n/a 0.2%
    Bank of America $630,000 $200,000 -68.3% 0.2%
    BMO Harris Bank $200,000 n/a 0.2%
    MID AMERICAN $85,000 $200,000 135.3% 0.2%
    BM Real Estate Services, Inc. $185,000 n/a 0.2%
    CORNERSTONE HOME LENDING, INC. $185,000 n/a 0.2%
    MID AMERICA MORTGAGE, INC. $105,000 $185,000 76.2% 0.2%
    United Fidelity Funding Corp. $185,000 n/a 0.2%
    Legacy Bank $75,000 $180,000 140.0% 0.2%
    Wichita Federal Credit Union $370,000 $165,000 -55.4% 0.1%
    CARDINAL FINANCIAL $155,000 n/a 0.1%
    AMERISAVE MORTGAGE CORPORATION $955,000 $145,000 -84.8% 0.1%
    BROKER SOLUTIONS, INC. $75,000 $140,000 86.7% 0.1%
    Simmons Bank $520,000 $140,000 -73.1% 0.1%
    GSF Mortgage Corporation $135,000 n/a 0.1%
    GUARANTEED RATE, INC. $135,000 n/a 0.1%
    SPRING EQ, LLC $45,000 $130,000 188.9% 0.1%
    The Halstead Bank $355,000 $130,000 -63.4% 0.1%
    Deere Employees Credit Union $25,000 $125,000 400.0% 0.1%
    PLANET HOME LENDING, LLC $125,000 n/a 0.1%
    Citizens State Bank of Cheney $105,000 n/a 0.1%
    COMMUNITYAMERICA $105,000 n/a 0.1%
    The Federal Savings Bank $105,000 n/a 0.1%
    Coastal Community Bank $100,000 n/a 0.1%
    Discover Bank $260,000 $100,000 -61.5% 0.1%
    AMERICAN FINANCIAL NETWORK, INC. $95,000 n/a 0.1%
    ANGEL OAK MORTGAGE SOLUTIONS LLC $95,000 n/a 0.1%
    Ally Bank $85,000 n/a 0.1%
    Sunflower Bank $125,000 $85,000 -32.0% 0.1%
    The Union State Bank $360,000 $85,000 -76.4% 0.1%
    Great Plains Federal Credit Un $75,000 n/a 0.1%
    Honor Credit Union $75,000 n/a 0.1%
    LIMA ONE CAPITAL, LLC $75,000 n/a 0.1%
    North American Savings Bank, F.S.B. $245,000 $75,000 -69.4% 0.1%
    ROYAL UNITED MORTGAGE LLC $65,000 $75,000 15.4% 0.1%
    Landmark National Bank $1,615,000 $65,000 -96.0% 0.1%
    Peoples Bank & Trust Company of Pointe Coupee Parish, Inc $65,000 n/a 0.1%
    Figure Lending LLC $60,000 n/a 0.1%
    Bank of Commerce and Trust Company $55,000 n/a 0.0%
    NBKC BANK $55,000 n/a 0.0%
    The Huntington National Bank $55,000 n/a 0.0%
    AMERICAN FINANCING CORPORATION $275,000 $45,000 -83.6% 0.0%
    COMMUNICATION $45,000 n/a 0.0%
    Fidelity Bank $645,000 $45,000 -93.0% 0.0%
    GNBank $45,000 n/a 0.0%
    JPMorgan Chase Bank $180,000 $45,000 -75.0% 0.0%
    KS StateBank $440,000 $45,000 -89.8% 0.0%
    QUANTUM CREDIT UNION $45,000 n/a 0.0%
    Signature Federal Credit Union $45,000 n/a 0.0%
    Citizens Bank of Kansas $675,000 $15,000 -97.8% 0.0%

    Hutchinson's top lender by overall market share is PRIMARY RESIDENTIAL MORTGAGE, INC., with 10.3% market share. In second place, with 10.0%, is HEARTLAND CREDIT UNION, having originated $11,145,000 in loans. In third place, with 4.6%, is QUICKEN LOANS, LLC, having originated $5,110,000 in loans. In fourth place, with 3.2%, is OPEN MORTGAGE, LLC, having originated $3,595,000 in loans. In fifth place, with 3.1%, is Mortgage Research Center, LLC, having originated $3,405,000 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%) $167,752 (-2.5%) 0.00 73
    2023-06-01 $140,425 (6.8%) $173,964 (-6.4%) 0.00 93
    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
    2023-09-01 $142,450 (20.5%) $175,126 (10.3%) 0.00 90
    2023-10-01 $145,450 (26.6%) $188,396 (26.0%) 0.00 99
    2023-11-01 $134,900 (26.0%) $186,966 (24.9%) 0.00 105
    2023-12-01 $149,800 (22.4%) $199,466 (37.1%) 0.00 98
    2024-01-01 $146,725 (7.7%) $189,885 (17.1%) 0.00 73
    2024-02-01 $139,500 (-4.8%) $187,408 (11.8%) 0.00 76
    2024-03-01 $140,000 (-1.7%) $210,689 (28.6%) 0.00 76
    2024-04-01 $154,450 (14.4%) $256,199 (50.8%) 0.00 77
    2024-05-01 $156,675 (10.0%) $248,568 (48.2%) 0.00 84
    2024-06-01 $159,250 (13.4%) $264,890 (52.3%) 0.00 90
    2024-07-01 $148,825 (4.5%) $253,504 (46.4%) 0.00 99
    2024-08-01 $169,450 (41.2%) $261,057 (57.6%) 0.00 115
    2024-09-01 $164,675 (15.6%) $250,862 (43.3%) 0.00 127
    2024-10-01 $177,850 (22.3%) $249,351 (32.4%) 0.00 136
    Hutchinson's median listing price for 2024-10-01 was $177,850, a difference of $32,400 (22.3%) versus the prior year and $13,175 versus the prior month.

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

    Hutchinson's average listing price for 2024-10-01 was $249,351, a difference of $60,955 (32.4%) versus the prior year and $-1,511 versus the prior month.

    For the 2024-10-01 period, Hutchinson had 136 MLS listings, a difference of 9 listings (7%) versus the prior month and 37 listings (37%) 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 1,720 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 1,772 sqft
    2023-06-01 0 days 1,656 sqft
    2023-07-01 0 days 1,760 sqft
    2023-08-01 0 days 1,545 sqft
    2023-09-01 0 days 1,722 sqft
    2023-10-01 0 days 1,752 sqft
    2023-11-01 0 days 1,737 sqft
    2023-12-01 0 days 1,677 sqft
    2024-01-01 0 days 1,645 sqft
    2024-02-01 0 days 1,714 sqft
    2024-03-01 0 days 1,648 sqft
    2024-04-01 0 days 1,652 sqft
    2024-05-01 0 days 1,637 sqft
    2024-06-01 0 days 1,678 sqft
    2024-07-01 0 days 1,630 sqft
    2024-08-01 0 days 1,816 sqft
    2024-09-01 0 days 1,816 sqft
    2024-10-01 0 days 1,816 sqft
    Hutchinson's median listing age (time on market) for 2024-10-01 was 0 days.

    Hutchinson's median square footage for active listings during the 2024-10-01 period was 1,816 sqft. One year prior, the average listing was 1,752 sqft.

    Hutchinson, KS Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 569 $82,905,000 $145,703
    Refi 133 $15,265,000 $114,774
    Cash Out Refi 71 $7,635,000 $107,535
    Home Improvement 64 $2,750,000 $42,969
    Other 56 $2,770,000 $49,464

    Hutchinson's most frequently cited loan purpose was Home Purchase, with 569 originations. The 2nd most popular reason was Refi, with 133 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 293 $41,655,000 $142,167
    7-8% 196 $25,340,000 $129,286
    Over 8% 141 $9,535,000 $67,624
    5-6% 61 $9,585,000 $157,131
    4-5% 5 $1,045,000 $209,000
    2.5-3% 3 $145,000 $48,333
    3-4% 1 $135,000 $135,000

    During 2023, Hutchinson's most frequently originated rate bucket was 6-7%, with 293 originations.

    Loan Sizing (Hutchinson, KS MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 439 $23,435,000 $53,383
    $100k-200k 308 $43,440,000 $141,039
    $200k-400k 126 $32,560,000 $258,413
    $400k-600k 14 $6,160,000 $440,000
    $600k-1000k 4 $2,970,000 $742,500
    $Over $1MM 2 $2,760,000 $1,380,000

    Hutchinson's loan sizing saw the bucket of loans from $100,000 or less with 439 originations, totaling $23,435,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 366 $54,630,000 $149,262
    60-80% 151 $19,065,000 $126,258
    40-60% 66 $6,780,000 $102,727
    20-40% 56 $3,320,000 $59,286
    Under 20% 54 $1,970,000 $36,481
    Over 100% 7 $1,675,000 $239,286

    Hutchinson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 366 originations, totaling $54,630,000 in origination value.