Hutchinson County, Texas Housing Market Prices
Hutchinson County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 79% below the Texas median Cheaper than 88% of counties in Texas$55,434
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Median rent 34% below the Texas median$931
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Hutchinson County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,434 | $258,873 | $248,835 |
| Price Trend (Annual %) | -0.8% | 9.2% | 7.5% |
| Median Gross Rent | $931 | $1,402 | $1,407 |
| Rent Trend (Annual %) | 4.0% | 5.6% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Hutchinson County is about 79% lower than in Texas. Rent is about 34% lower than the Texas average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Hutchinson County: home prices fell about 0.8% a year while rent rose about 4.0% a year. That is an unusual pattern worth watching.
Median rent in Hutchinson County rose about 34.4% between 2015 and 2024, from $693 to $931. Over the same span, rent in Texas rose about 59.1%.
Affordability
On average, housing unit costs 0.8 yearly household incomes in Hutchinson County.
Buying the median-priced home in Hutchinson County costs roughly 5.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Hutchinson County. The price-to-rent ratio in Texas is about 15.4.
| Metric | Hutchinson County | Texas Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,434 | $258,873 | $248,835 |
| Median Household Income | $68,358 | $78,939 | $80,455 |
| Price-to-Income Ratio | 0.8 | 3.3 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Hutchinson County fell about 18.9%, while median household income rose about 54.7% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Hutchinson County | Texas Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 57.3% | 56.7% | 58.5% |
| Rental Rate | 11.5% | 33.9% | 31.2% |
| Vacancy Rate | 31.2% | 9.4% | 10.2% |
| Median Tenure (years) | 17.0 | 14.0 | 15.0 |
| Median Year Moved In | 2009 | 2012 | 2011 |
Hutchinson County has a homeownership rate of 57.3%, higher than the Texas average of 56.7%. Its housing vacancy rate is 31.2%, compared with 9.4% in Texas.
Housing Stock
| Metric | Hutchinson County | Texas Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.84 people | 2.69 people | 2.53 people |
| Median Structure Built Year | 1969 | 1990 | 1978 |
| Median Number of Rooms | 5.9 | 5.4 | 5.5 |
The typical housing unit in Hutchinson County was built around 1969. On average, 2.8 people live in a home with about 5.9 rooms, staying for about 17.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Hutchinson County, Texas.
What is the median home price in Hutchinson County, Texas?
The median home price in Hutchinson County, Texas is $55,434, lower than the Texas average of $258,873.
What is the average home price in Hutchinson County, Texas?
The typical home price in Hutchinson County, Texas, reported as the median sale price, is $55,434. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Hutchinson County, Texas?
The median gross rent in Hutchinson County, Texas is $931 per month, lower than the Texas average of $1,402.
What was the median gross rent in Hutchinson County in 2020?
In 2020, the median gross rent in Hutchinson County, Texas was $817 per month.
What is the price-to-rent ratio in Hutchinson County, Texas?
The price-to-rent ratio in Hutchinson County, Texas is about 5.0, meaning it would take roughly 5.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Hutchinson County.
Are home prices or rent rising faster in Hutchinson County, Texas?
Home prices and rent are moving in opposite directions in Hutchinson County: home prices fell about 0.8% a year while rent rose about 4.0% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Hutchinson County, Texas?
57.3% of households in Hutchinson County, Texas own their home, higher than the Texas average of 56.7%.
What is the vacancy rate in Hutchinson County, Texas?
The housing vacancy rate in Hutchinson County, Texas is 31.2%, higher than the Texas average of 9.4%.
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