Current Market Snapshot
Hutchinson’s for-sale inventory runs 100 to 115 active listings across the major portals in any given week, with 9 to 10 homes typically closing per month. Redfin’s market data puts the average time on market near 13 days, with homes it labels “hot” moving in about 5. A separate stat block on Homes.com reports 36 days against a 57-day national average for the same city. The gap likely reflects how each service defines a completed listing cycle rather than a real difference in how fast homes here actually move.
Why do median home price figures for Hutchinson vary so much between sites? Because “median” gets measured against different things: a single month of closed sales, a snapshot of current asking prices, or a rolling multi-month window, and Hutchinson closes few enough sales that any one of those measures can swing sharply from the next.
What It Costs to Own a Home Here
A $150,000 home financed at 20% down and the current 6.49% rate runs about $758 a month in principal and interest on the resulting $120,000 loan.
Property Tax on Top of the Mortgage
Kansas assesses residential property at 11.5% of appraised value, a ratio fixed by the state constitution and explained by Sedgwick County’s property-tax primer. A $150,000 Hutchinson home is therefore taxed on $17,250 of assessed value. Reno County’s adopted 2026 mill levy is 37.767 mills. The City of Hutchinson’s 2026 mill levy is 42.095 mills. Neither figure includes the school district or the state’s own levy, both of which also appear on the final bill.
| Cost component | Monthly amount | Basis |
|---|---|---|
| Principal and interest | $758 | $120,000 loan, 6.49%, 30-year term |
| Reno County property tax | $54 | $17,250 assessed value × 37.767 mills |
| City of Hutchinson property tax | $61 | $17,250 assessed value × 42.095 mills |
| Homeowners insurance | Not published for this market | Get a quote before closing; no reliable Hutchinson-specific average was found |
County and city tax together add $115 to the monthly payment on a $150,000 home, before school-district and state portions and before insurance, bringing the county-and-city-inclusive baseline to roughly $873 a month.
What’s the property tax on a median-priced Hutchinson home? County plus city alone runs about $115 a month on a $150,000 home; the full bill, once the school district and the state’s own levy are added, runs higher than that.
Where in Hutchinson: Zip-Code Differences
Zip code moves the price more than any city-wide median suggests. 67501, the older core, carries a current median listing price under $84,000. 67502, home to newer construction and the fairgrounds corridor, runs above $190,000.
| Zip | Median listing price | Character |
|---|---|---|
| 67501 | $83,469 | Oldest housing stock, largely built in the 1940s or earlier |
| 67502 | $191,154 | Newer construction, includes the fairgrounds corridor |
| 67505 | $133,195 | South Hutchinson-adjacent |
| 67522 | $170,654 | Newer suburban-style subdivisions |
Source: Zillow’s Hutchinson listings by zip code. A buyer working with $80,000 to $135,000 is realistically shopping 67501 or 67505 stock; a budget above $170,000 opens up 67502 and 67522.
Is 67501 or 67502 the better zip code to buy in? Neither is universally better: 67501 buys older core housing for roughly $110,000 less than 67502’s newer stock, so the right answer depends on whether you’re pricing in renovation costs against a lower purchase price.
Risks and Limits Worth Knowing
Hutchinson carries a mixed hazard profile that none of the leading listing pages state plainly on the URL that actually ranks for this search. Flood risk is rated minor citywide, but a meaningful share of individual properties still sit inside the 30-year severe-flood projection.
| Hazard | City rating | Share of properties affected | Trend |
|---|---|---|---|
| Flood | Minor | 31% over 30 years | Rising slower than the national average |
| Wildfire | Major | 94% carry some exposure | Elevated statewide grassland risk |
| Wind | Minor | 100% carry minor exposure | Consistent with typical central-Kansas exposure |
| Extreme heat | Major | 99% of homes rated Major Heat Factor | Days above 105°F projected to rise 171% over 30 years |
Source: First Street Foundation’s Hutchinson climate risk report. Heat and wildfire carry the two highest ratings here, both worth raising with an insurer before you write an offer, not after.
Does Hutchinson flood or face wildfire risk? Flood risk is rated minor citywide, while wildfire and extreme heat are both rated major.
Fair Season and the City’s Tax Trajectory
The Kansas State Fair runs September 11 to 20, 2026, drawing more than 300,000 visitors to the fairgrounds inside 67502, worth weighing for showing logistics and short-term rental demand that month. On March 3, 2026, Hutchinson voters approved a 0.75% city sales tax in a special election held at Memorial Hall, chosen because the fairgrounds’ usual Meadowlark Building polling site was already booked for the date. The tax takes effect October 1, 2026, brings the city’s non-food sales tax rate to 9%, and eliminates the $4.75-a-month residential stormwater utility fee that every homeowner currently pays.
Filtering the Listings
Search results labeled “homes for sale in Hutchinson” mix in properties most buyers don’t want. Redfin’s Hutchinson land search alone lists 37 vacant-lot parcels priced up to $177,000, and Homes.com’s general listing feed has included a fully-leased 10-unit apartment complex marketed as an investment property inside the same “homes for sale” count. Filter explicitly by property type before trusting any portal’s headline number.
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