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 6.49% for the week of 2025-04-10, compared to the national average of 6.62% for the same period.

The average rate for the prior week (2025-04-03) was 6.61% and one month ago for the week of 2025-03-06, the average rate was 6.6%.

Hutchinson's average rate one year ago was 6.79%.

For refis of the same type during the week of 2025-04-10, the average rate was 6.62%.

Loan Type Date Rate
US 30 Year Fixed Rate 2025-04-10 6.62%
Hutchinson 30 Year Fixed Rate 2025-04-10 6.49%
Hutchinson 30 Year Fixed Rate Refi 2025-04-10 6.62%
Hutchinson 15 Year Fixed Rate 2025-04-10 5.92%
Hutchinson 15 Year Fixed Rate Refi 2025-04-10 6.42%
Hutchinson 30 Year FHA 2025-04-10 6.53%
Hutchinson 30 Year FHA Refi 2025-04-10 6.53%
Hutchinson 30 Year USDA 2025-04-10 6.25%
Hutchinson 30 Year USDA Refi 2025-04-10 6.45%
Hutchinson 30 Year VA 2025-04-10 6.29%
Hutchinson 30 Year VA Refi 2025-04-10 6.39%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Hutchinson, MN.

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, MN 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 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
CORTRUST MORTGAGE, INC. 52 6.24% $5,505
Summit Mortgage Corporation 22 6.66% $5,202
UNITED WHOLESALE MORTGAGE, LLC 16 6.95% $5,122
BROKER SOLUTIONS, INC. 16 6.76% $6,483
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 15 7.05% $6,044
Bell Bank 14 6.55% $5,935
CROSSCOUNTRY MORTGAGE, LLC 11 6.73% $6,745
QUICKEN LOANS, LLC 11 6.50% $6,019
Tradition Mortgage, LLC 6 6.73% $4,324
NEWREZ LLC 6 7.00% $4,739
WINGS FINANCIAL 5 6.18% $3,986
HomeTown Bank 5 6.60% $3,780
U.S. Bank 4 6.66% $3,518
Alerus Financial 4 6.78% $4,118
Wells Fargo Bank 3 6.33% $5,320
LOANDEPOT.COM, LLC 3 6.83% $6,513
PLAZA HOME MORTGAGE, INC. 3 7.17% $5,304
PENNYMAC LOAN SERVICES, LLC 3 6.45% $5,598
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 7.25% $8,106
AFFINITY PLUS 2 6.75% $5,204
American Mortgage & Equity Consultants, Inc. 2 6.38% $8,109
Cambria Financial Group, LLC 2 6.69% $7,955
CARDINAL FINANCIAL 2 6.88% $3,844
CHURCHILL MORTGAGE CORPORATION 2 7.13% $5,155
COMPEER FINANCIAL, FLCA 2 8.31% $4,581
Granite Community Bank 2 6.94% $4,332
MOVEMENT MORTGAGE, LLC 2 6.68% $6,561
Old National Bank 2 6.00% $3,480
PREMIER LENDING, INC. 2 7.00% $7,337
Prosperity Home Mortgage, LLC 2 7.13% $4,912
Royal Credit Union 2 6.56% $4,830
Sierra Pacific Mortgage Company, Inc. 2 6.38% $2,870
TRUSTONE FINANCIAL FEDERAL CREDIT UNION 2 6.63% $4,518
University of Wisconsin Credit Union 2 5.94% $3,236
Morgan Stanley Private Bank 1 6.50% $2,557
MORTGAGE ACCESS CORP. 1 7.13% $8,314
CENTRAL MINNESOTA Credit Union 1 6.88% $3,390
Mr. Cooper ( Nationstar Mortgage ) 1 7.49% $7,471
GREENSTATE CREDIT UNION 1 6.63% $4,207
NexBank 1 7.13% $1,449
AMERICAN FINANCING CORPORATION 1 7.63% $7,314
Park State Bank 1 7.56% $9,512
Flagstar Bank, FSB 1 5.63% $6,233
First National Bank of America 1 8.25% $11,257
BAY EQUITY LLC 1 6.99% $3,613
ZILLOW HOME LOANS, LLC 1 5.63% $12,048
EVERETT FINANCIAL, INC. 1 6.99% $5,406
AXIA FINANCIAL, LLC 1 6.99% $4,367
Associated Bank 1 6.38% $2,652
SPIRE Credit Union 1 5.75% $3,966
Cornerstone State Bank 1 6.25% $2,613
The Huntington National Bank 1 7.00% $4,164
GUILD MORTGAGE COMPANY 1 7.75% $3,246
HOMEOWNERS FINANCIAL GROUP USA, LLC 1 7.38% $5,527
GUARANTEED RATE AFFINITY, LLC 1 6.13% $8,194
JPMorgan Chase Bank 1 6.49% $500
GSF Mortgage Corporation 1 7.13% $8,547
MASON MCDUFFIE MORTGAGE CORPORATION 1 6.88% $5,950
MEMBERS COOPERATIVE 1 8.38% $5,237
Minnwest Bank 1 6.88% $4,961

Hutchinson Average Closing Costs & Other Stats

Hutchinson, MN's 60 lenders originated 646 loans during 2024. The total origination value was $127,870,000, with an average loan value of $197,941.

Hutchinson's average closing costs are $5,055.

The top Hutchinson lender as defined by loan originations is CORTRUST MORTGAGE, INC., with 52 loans originated. Their average total fees are $5,505, which is $304 higher than the next largest lender, Summit Mortgage Corporation.

The lowest fee Hutchinson lenders (with over 10 loans originated) are UNITED WHOLESALE MORTGAGE, LLC ($5,122), Summit Mortgage Corporation ($5,202), CORTRUST MORTGAGE, INC. ($5,505), Bell Bank ($5,935) and QUICKEN LOANS, LLC ($6,019).

The lowest rate Hutchinson lenders (with over 10 loans originated) are CORTRUST MORTGAGE, INC. (6.24%), QUICKEN LOANS, LLC (6.50%), Bell Bank (6.55%), Summit Mortgage Corporation (6.66%) and CROSSCOUNTRY MORTGAGE, LLC (6.73%).

Hutchinson, MN 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 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
CORTRUST MORTGAGE, INC. $10,490,000 $15,190,000 44.8% 11.9%
Security Bank & Trust Company $3,430,000 $10,660,000 210.8% 8.3%
UNITED WHOLESALE MORTGAGE, LLC $10,845,000 $8,855,000 -18.3% 6.9%
Summit Mortgage Corporation $7,870,000 $7,250,000 -7.9% 5.7%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $8,085,000 $7,135,000 -11.8% 5.6%
BROKER SOLUTIONS, INC. $4,490,000 $4,665,000 3.9% 3.6%
Bell Bank $4,260,000 $4,255,000 -0.1% 3.3%
QUICKEN LOANS, LLC $6,295,000 $3,915,000 -37.8% 3.1%
CROSSCOUNTRY MORTGAGE, LLC $3,595,000 $3,220,000 -10.4% 2.5%
SOUTHPOINT FINANCIAL $3,340,000 $2,665,000 -20.2% 2.1%
CorTrust Bank $3,390,000 $2,575,000 -24.0% 2.0%
PENNYMAC LOAN SERVICES, LLC $2,395,000 $2,535,000 5.8% 2.0%
LOANDEPOT.COM, LLC $895,000 $2,190,000 144.7% 1.7%
Mortgage Research Center, LLC $2,225,000 $2,170,000 -2.5% 1.7%
Old National Bank $1,495,000 $1,765,000 18.1% 1.4%
WINGS FINANCIAL $340,000 $1,695,000 398.5% 1.3%
Tradition Mortgage, LLC $95,000 $1,645,000 1,631.6% 1.3%
NOVATION CREDIT UNION $975,000 $1,440,000 47.7% 1.1%
NEWREZ LLC $480,000 $1,425,000 196.9% 1.1%
COMPEER FINANCIAL, FLCA $620,000 $1,410,000 127.4% 1.1%
NEW DAY FINANCIAL, LLC $700,000 $1,365,000 95.0% 1.1%
TRUSTONE FINANCIAL FEDERAL CREDIT UNION $985,000 $1,255,000 27.4% 1.0%
U.S. Bank $2,425,000 $1,240,000 -48.9% 1.0%
HomeTown Bank $655,000 $1,210,000 84.7% 0.9%
Prosperity Home Mortgage, LLC $3,685,000 $1,145,000 -68.9% 0.9%
American Mortgage & Equity Consultants, Inc. $380,000 $1,125,000 196.1% 0.9%
PREMIER LENDING, INC. $1,100,000 n/a 0.9%
PLAZA HOME MORTGAGE, INC. $1,060,000 n/a 0.8%
EVERETT FINANCIAL, INC. $640,000 $1,045,000 63.3% 0.8%
Alerus Financial $270,000 $1,040,000 285.2% 0.8%
FREEDOM MORTGAGE CORPORATION $440,000 $1,025,000 133.0% 0.8%
ZILLOW HOME LOANS, LLC $995,000 n/a 0.8%
The Huntington National Bank $1,455,000 $975,000 -33.0% 0.8%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $1,270,000 $745,000 -41.3% 0.6%
Florida Capital Bank $730,000 n/a 0.6%
Kensington Bank $490,000 $705,000 43.9% 0.6%
Citizens Alliance Bank $25,000 $700,000 2,700.0% 0.5%
CARDINAL FINANCIAL $165,000 $685,000 315.2% 0.5%
University of Wisconsin Credit Union $640,000 n/a 0.5%
Royal Credit Union $585,000 $625,000 6.8% 0.5%
Granite Community Bank $620,000 n/a 0.5%
AFFINITY PLUS $270,000 $610,000 125.9% 0.5%
Park State Bank $605,000 n/a 0.5%
GUARANTEED RATE AFFINITY, LLC $600,000 n/a 0.5%
Wells Fargo Bank $1,585,000 $600,000 -62.1% 0.5%
GUARANTEED RATE, INC. $1,115,000 $530,000 -52.5% 0.4%
MOVEMENT MORTGAGE, LLC $825,000 $525,000 -36.4% 0.4%
MASON MCDUFFIE MORTGAGE CORPORATION $520,000 n/a 0.4%
Mr. Cooper ( Nationstar Mortgage ) $1,210,000 $515,000 -57.4% 0.4%
CHURCHILL MORTGAGE CORPORATION $275,000 $510,000 85.5% 0.4%
Equity Prime Mortgage LLC $500,000 n/a 0.4%
South Story Bank & Trust $265,000 $495,000 86.8% 0.4%
LAKEVIEW LOAN SERVICING, LLC $745,000 $490,000 -34.2% 0.4%
MORTGAGE ACCESS CORP. $455,000 n/a 0.4%
Discover Bank $590,000 $430,000 -27.1% 0.3%
Coulee Bank $420,000 n/a 0.3%
Cedar Rapids Bank and Trust Company $415,000 n/a 0.3%
GREENSTATE CREDIT UNION $405,000 n/a 0.3%
Figure Lending LLC $60,000 $395,000 558.3% 0.3%
VILLAGE CAPITAL MORTGAGE $395,000 n/a 0.3%
HOMEOWNERS FINANCIAL GROUP USA, LLC $390,000 n/a 0.3%
Cambria Financial Group, LLC $340,000 $380,000 11.8% 0.3%
MORTGAGE SOLUTIONS OF COLORADO, LLC $375,000 $370,000 -1.3% 0.3%
Sierra Pacific Mortgage Company, Inc. $360,000 n/a 0.3%
SPIRE Credit Union $445,000 $350,000 -21.3% 0.3%
First National Bank of America $175,000 $345,000 97.1% 0.3%
Carrington Mortgage Services, LLC $55,000 $335,000 509.1% 0.3%
First National Bank Minnesota $335,000 n/a 0.3%
AXIA FINANCIAL, LLC $370,000 $315,000 -14.9% 0.2%
RiverWood Bank $295,000 n/a 0.2%
AMERICAN PACIFIC MORTGAGE CORPORATION $1,035,000 $285,000 -72.5% 0.2%
Bremer Bank $1,625,000 $275,000 -83.1% 0.2%
Ixonia Bank $235,000 $275,000 17.0% 0.2%
Frandsen Bank & Trust $235,000 $260,000 10.6% 0.2%
PRIMELENDING, A PLAINSCAPITAL COMPANY $255,000 n/a 0.2%
SUCCESS MORTGAGE PARTNERS, INC. $245,000 n/a 0.2%
Barrington Bank & Trust Company, N.A. $890,000 $225,000 -74.7% 0.2%
Coastal Community Bank $240,000 $225,000 -6.3% 0.2%
MEMBERS COOPERATIVE $225,000 n/a 0.2%
Plains Commerce Bank $225,000 n/a 0.2%
Flagstar Bank, FSB $875,000 $220,000 -74.9% 0.2%
Bank Midwest $205,000 n/a 0.2%
Minnwest Bank $205,000 n/a 0.2%
Merchants Bank $195,000 n/a 0.2%
GUILD MORTGAGE COMPANY $190,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $35,000 $190,000 442.9% 0.1%
Arvest Bank $185,000 n/a 0.1%
Associated Bank $715,000 $185,000 -74.1% 0.1%
GSF Mortgage Corporation $255,000 $185,000 -27.5% 0.1%
M&T Bank $185,000 n/a 0.1%
CENTRAL MINNESOTA Credit Union $285,000 $175,000 -38.6% 0.1%
Community Resource Bank $175,000 n/a 0.1%
JPMorgan Chase Bank $175,000 n/a 0.1%
TOP FLITE FINANCIAL, INC. $165,000 n/a 0.1%
BAY EQUITY LLC $2,080,000 $155,000 -92.5% 0.1%
Century Mortgage Company DBA Century Lending Company $155,000 n/a 0.1%
Morgan Stanley Private Bank $155,000 n/a 0.1%
NexBank $155,000 n/a 0.1%
PNC Bank $150,000 n/a 0.1%
AMERICAN FINANCING CORPORATION $145,000 n/a 0.1%
BANKWEST, INC. $295,000 $140,000 -52.5% 0.1%
21ST MORTGAGE CORPORATION $175,000 $120,000 -31.4% 0.1%
Northview Bank $265,000 $105,000 -60.4% 0.1%
Platinum Bank $105,000 n/a 0.1%
SPRING EQ, LLC $105,000 n/a 0.1%
VERIDIAN CREDIT UNION $105,000 n/a 0.1%
Think Mutual Bank $100,000 n/a 0.1%
Deerwood Bank $120,000 $85,000 -29.2% 0.1%
Bridgewater Bank $2,900,000 $75,000 -97.4% 0.1%
BUILDING TRADES FEDERAL CREDIT UNION $75,000 n/a 0.1%
Cornerstone State Bank $75,000 n/a 0.1%
Baxter Credit Union $35,000 $65,000 85.7% 0.1%
NAVY FEDERAL CREDIT UNION $180,000 $60,000 -66.7% 0.0%
First State Bank of Le Center $250,000 $55,000 -78.0% 0.0%
The Loan Store, Inc. $45,000 n/a 0.0%
Bank of America $65,000 $35,000 -46.2% 0.0%

Hutchinson's top lender by overall market share is CORTRUST MORTGAGE, INC., with 11.9% market share. In second place, with 8.3%, is Security Bank & Trust Company, having originated $10,660,000 in loans. In third place, with 6.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $8,855,000 in loans. In fourth place, with 5.7%, is Summit Mortgage Corporation, having originated $7,250,000 in loans. In fifth place, with 5.6%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $7,135,000 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 $183,450 (9.6%) $196,951 (0.4%) 0.00 69
2018-02-01 $179,900 (-2.1%) $203,128 (0.2%) 0.00 68
2018-03-01 $202,900 (10.0%) $217,164 (8.9%) 0.00 60
2018-04-01 $189,800 (11.7%) $216,940 (10.4%) 0.00 57
2018-05-01 $197,425 (14.5%) $222,967 (13.6%) 0.00 65
2018-06-01 $218,350 (19.0%) $235,513 (14.8%) 0.00 83
2018-07-01 $202,700 (13.4%) $228,635 (13.9%) 0.00 97
2018-08-01 $209,925 (17.3%) $224,212 (10.7%) 0.00 98
2018-09-01 $209,900 (23.5%) $223,603 (15.0%) 0.00 104
2018-10-01 $188,700 (2.5%) $222,034 (10.6%) 0.00 115
2018-11-01 $189,900 (7.4%) $220,650 (13.5%) 0.00 115
2018-12-01 $184,950 (5.7%) $217,612 (12.4%) 0.00 90
2019-01-01 $197,400 (7.6%) $215,309 (9.3%) 0.00 80
2019-02-01 $189,900 (5.6%) $227,036 (11.8%) 0.00 72
2019-03-01 $206,421 (1.7%) $232,376 (7.0%) 0.00 72
2019-04-01 $221,946 (16.9%) $236,543 (9.0%) 0.00 84
2019-05-01 $234,900 (19.0%) $247,466 (11.0%) 0.00 93
2019-06-01 $223,400 (2.3%) $239,993 (1.9%) 0.00 116
2019-07-01 $227,400 (12.2%) $241,054 (5.4%) 0.00 123
2019-08-01 $218,823 (4.2%) $238,388 (6.3%) 0.00 130
2019-09-01 $217,207 (3.5%) $242,156 (8.3%) 0.00 128
2019-10-01 $215,425 (14.2%) $239,227 (7.7%) 0.00 124
2019-11-01 $227,400 (19.8%) $240,783 (9.1%) 0.00 113
2019-12-01 $238,800 (29.1%) $246,600 (13.3%) 0.00 92
2020-01-01 $239,500 (21.3%) $248,992 (15.6%) 0.00 87
2020-02-01 $242,400 (27.7%) $249,114 (9.7%) 0.00 79
2020-03-01 $235,250 (14.0%) $239,697 (3.2%) 0.00 71
2020-04-01 $217,150 (-2.2%) $236,556 (0.0%) 0.00 68
2020-05-01 $229,900 (-2.1%) $244,539 (-1.2%) 0.00 75
2020-06-01 $225,500 (0.9%) $250,589 (4.4%) 0.00 81
2020-07-01 $229,450 (0.9%) $257,613 (6.9%) 0.00 71
2020-08-01 $229,900 (5.1%) $261,136 (9.5%) 0.00 66
2020-09-01 $228,675 (5.3%) $253,609 (4.7%) 0.00 63
2020-10-01 $232,450 (7.9%) $254,861 (6.5%) 0.00 51
2020-11-01 $225,000 (-1.1%) $254,006 (5.5%) 0.00 38
2020-12-01 $219,950 (-7.9%) $247,278 (0.3%) 0.00 31
2021-01-01 $249,950 (4.4%) $270,006 (8.4%) 0.00 30
2021-02-01 $238,700 (-1.5%) $246,379 (-1.1%) 0.00 27
2021-03-01 $251,700 (7.0%) $280,587 (17.1%) 0.00 29
2021-04-01 $262,530 (20.9%) $291,596 (23.3%) 0.00 39
2021-05-01 $256,900 (11.7%) $263,926 (7.9%) 0.00 31
2021-06-01 $267,175 (18.5%) $273,216 (9.0%) 0.00 37
2021-07-01 $253,450 (10.5%) $300,827 (16.8%) 0.00 40
2021-08-01 $272,400 (18.5%) $328,315 (25.7%) 0.00 50
2021-09-01 $255,400 (11.7%) $319,824 (26.1%) 0.00 68
2021-10-01 $264,900 (14.0%) $312,885 (22.8%) 0.00 61
2021-11-01 $259,900 (15.5%) $317,678 (25.1%) 0.00 56
2021-12-01 $256,750 (16.7%) $310,155 (25.4%) 0.00 40
2022-01-01 $259,900 (4.0%) $282,300 (4.6%) 0.00 32
2022-02-01 $278,750 (16.8%) $337,803 (37.1%) 0.00 27
2022-03-01 $272,200 (8.1%) $342,063 (21.9%) 0.00 24
2022-04-01 $299,900 (14.2%) $349,409 (19.8%) 0.00 31
2022-05-01 $305,000 (18.7%) $361,701 (37.1%) 0.00 37
2022-06-01 $312,425 (16.9%) $364,590 (33.4%) 0.00 44
2022-07-01 $314,900 (24.3%) $355,382 (18.1%) 0.00 49
2022-08-01 $297,750 (9.3%) $350,375 (6.7%) 0.00 47
2022-09-01 $258,475 (1.2%) $330,555 (3.4%) 0.00 47
2022-10-01 $249,950 (-5.6%) $314,056 (0.4%) 0.00 56
2022-11-01 $274,450 (5.6%) $315,416 (-0.7%) 0.00 55
2022-12-01 $254,950 (-0.7%) $287,538 (-7.3%) 0.00 40
2023-01-01 $269,900 (3.9%) $283,049 (0.3%) 0.00 37
2023-02-01 $317,400 (13.9%) $325,077 (-3.8%) 0.00 26
2023-03-01 $348,675 (28.1%) $364,525 (6.6%) 0.00 25
2023-04-01 $319,900 (6.7%) $372,292 (6.6%) 0.00 34
2023-05-01 $335,975 (10.2%) $376,697 (4.2%) 0.00 41
2023-06-01 $312,450 (0.0%) $365,181 (0.2%) 0.00 45
2023-07-01 $284,950 (-9.5%) $340,629 (-4.2%) 0.00 44
2023-08-01 $305,000 (2.4%) $344,152 (-1.8%) 0.00 48
2023-09-01 $309,900 (19.9%) $339,476 (2.7%) 0.00 54
2023-10-01 $317,200 (26.9%) $334,304 (6.5%) 0.00 64
2023-11-01 $300,000 (9.3%) $325,145 (3.1%) 0.00 58
2023-12-01 $279,500 (9.6%) $307,714 (7.0%) 0.00 37
2024-01-01 $294,050 (9.0%) $315,069 (11.3%) 0.00 30
2024-02-01 $310,975 (-2.0%) $337,140 (3.7%) 0.00 30
2024-03-01 $339,900 (-2.5%) $345,866 (-5.1%) 0.00 31
2024-04-01 $320,250 (0.1%) $360,010 (-3.3%) 0.00 43
2024-05-01 $337,400 (0.4%) $369,568 (-1.9%) 0.00 45
2024-06-01 $355,000 (13.6%) $397,508 (8.9%) 0.00 50
2024-07-01 $344,900 (21.0%) $386,374 (13.4%) 0.00 59
2024-08-01 $339,000 (11.2%) $381,925 (11.0%) 0.00 67
2024-09-01 $333,000 (7.5%) $376,310 (10.9%) 0.00 71
2024-10-01 $332,450 (4.8%) $375,118 (12.2%) 0.00 75
2024-11-01 $325,000 (8.3%) $371,758 (14.3%) 0.00 75
2024-12-01 $333,675 (19.4%) $373,336 (21.3%) 0.00 55
2025-01-01 $333,750 (13.5%) $369,693 (17.3%) 0.00 50
2025-02-01 $322,225 (3.6%) $371,329 (10.1%) 0.00 43
2025-03-01 $360,000 (5.9%) $388,761 (12.4%) 0.00 36
Hutchinson's median listing price for 2025-03-01 was $360,000, a difference of $20,100 (5.9%) versus the prior year and $37,775 versus the prior month.

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

Hutchinson's average listing price for 2025-03-01 was $388,761, a difference of $42,895 (12.4%) versus the prior year and $17,432 versus the prior month.

For the 2025-03-01 period, Hutchinson had 36 MLS listings, a difference of -7 listings (-16%) versus the prior month and 5 listings (16%) 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 1,765 sqft
2018-02-01 0 days 1,835 sqft
2018-03-01 0 days 1,892 sqft
2018-04-01 0 days 1,859 sqft
2018-05-01 0 days 1,880 sqft
2018-06-01 0 days 2,005 sqft
2018-07-01 0 days 1,892 sqft
2018-08-01 0 days 1,963 sqft
2018-09-01 0 days 2,020 sqft
2018-10-01 0 days 2,020 sqft
2018-11-01 0 days 2,045 sqft
2018-12-01 0 days 1,921 sqft
2019-01-01 0 days 1,856 sqft
2019-02-01 0 days 1,941 sqft
2019-03-01 0 days 1,928 sqft
2019-04-01 0 days 1,936 sqft
2019-05-01 0 days 1,900 sqft
2019-06-01 0 days 1,939 sqft
2019-07-01 0 days 1,950 sqft
2019-08-01 0 days 1,939 sqft
2019-09-01 0 days 1,922 sqft
2019-10-01 0 days 1,907 sqft
2019-11-01 0 days 1,938 sqft
2019-12-01 0 days 2,039 sqft
2020-01-01 0 days 2,001 sqft
2020-02-01 0 days 2,050 sqft
2020-03-01 0 days 1,924 sqft
2020-04-01 0 days 1,873 sqft
2020-05-01 0 days 1,955 sqft
2020-06-01 0 days 1,974 sqft
2020-07-01 0 days 1,972 sqft
2020-08-01 0 days 1,823 sqft
2020-09-01 0 days 1,784 sqft
2020-10-01 0 days 1,885 sqft
2020-11-01 0 days 2,058 sqft
2020-12-01 0 days 1,934 sqft
2021-01-01 0 days 1,886 sqft
2021-02-01 0 days 1,572 sqft
2021-03-01 0 days 1,982 sqft
2021-04-01 0 days 1,845 sqft
2021-05-01 0 days 1,767 sqft
2021-06-01 0 days 1,799 sqft
2021-07-01 0 days 1,646 sqft
2021-08-01 0 days 1,871 sqft
2021-09-01 0 days 1,831 sqft
2021-10-01 0 days 1,872 sqft
2021-11-01 0 days 1,903 sqft
2021-12-01 0 days 1,877 sqft
2022-01-01 0 days 1,706 sqft
2022-02-01 0 days 2,392 sqft
2022-03-01 0 days 2,236 sqft
2022-04-01 0 days 2,424 sqft
2022-05-01 0 days 2,108 sqft
2022-06-01 0 days 2,076 sqft
2022-07-01 0 days 2,068 sqft
2022-08-01 0 days 2,045 sqft
2022-09-01 0 days 1,828 sqft
2022-10-01 0 days 1,799 sqft
2022-11-01 0 days 1,902 sqft
2022-12-01 0 days 1,797 sqft
2023-01-01 0 days 1,686 sqft
2023-02-01 0 days 1,800 sqft
2023-03-01 0 days 2,072 sqft
2023-04-01 0 days 2,161 sqft
2023-05-01 0 days 2,192 sqft
2023-06-01 0 days 2,099 sqft
2023-07-01 0 days 1,833 sqft
2023-08-01 0 days 1,901 sqft
2023-09-01 0 days 2,123 sqft
2023-10-01 0 days 2,008 sqft
2023-11-01 0 days 1,853 sqft
2023-12-01 0 days 1,854 sqft
2024-01-01 0 days 1,719 sqft
2024-02-01 0 days 1,778 sqft
2024-03-01 0 days 1,830 sqft
2024-04-01 0 days 1,834 sqft
2024-05-01 0 days 1,936 sqft
2024-06-01 0 days 1,959 sqft
2024-07-01 0 days 1,856 sqft
2024-08-01 0 days 2,055 sqft
2024-09-01 0 days 2,096 sqft
2024-10-01 0 days 2,063 sqft
2024-11-01 0 days 2,092 sqft
2024-12-01 0 days 1,873 sqft
2025-01-01 0 days 1,855 sqft
2025-02-01 0 days 1,827 sqft
2025-03-01 0 days 1,988 sqft
Hutchinson's median listing age (time on market) for 2025-03-01 was 0 days.

Hutchinson's median square footage for active listings during the 2025-03-01 period was 1,988 sqft. One year prior, the average listing was 1,830 sqft.

Hutchinson, MN Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 402 $96,430,000 $239,876
Other 66 $4,430,000 $67,121
Cash Out Refi 64 $11,080,000 $173,125
Refi 58 $12,230,000 $210,862
Home Improvement 56 $3,700,000 $66,071

Hutchinson's most frequently cited loan purpose was Home Purchase, with 402 originations. The 2nd most popular reason was Other, with 66 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 277 $58,145,000 $209,910
7-8% 119 $24,405,000 $205,084
Over 8% 81 $7,515,000 $92,778
5-6% 57 $14,685,000 $257,632
<2.5% 19 $305,000 $16,053
4-5% 8 $2,020,000 $252,500

During 2024, Hutchinson's most frequently originated rate bucket was 6-7%, with 277 originations.

Loan Sizing (Hutchinson, MN MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 243 $64,545,000 $265,617
$100k-200k 183 $28,635,000 $156,475
$100,000 or less 182 $8,880,000 $48,791
$400k-600k 33 $15,225,000 $461,364
$600k-1000k 4 $2,710,000 $677,500
$Over $1MM 1 $7,875,000 $7,875,000

Hutchinson's loan sizing saw the bucket of loans from $200k-400k with 243 originations, totaling $64,545,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 273 $67,155,000 $245,989
60-80% 98 $22,560,000 $230,204
Under 20% 86 $3,040,000 $35,349
20-40% 64 $5,800,000 $90,625
40-60% 31 $5,505,000 $177,581
Over 100% 7 $1,845,000 $263,571

Hutchinson's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 273 originations, totaling $67,155,000 in origination value.