Mortgage payment estimates, closing cost breakdowns, and homebuying data for Hutchinson, Kansas.
Pre-filled with Hutchinson median home price and Kansas tax/insurance rates. Adjust for your property.
Estimated closing costs based on Kansas rates and fees applied to Hutchinson prices.
The median home price in Hutchinson is $135,000, 40% below the Kansas state median of $225,000. With a population of 40,006, Hutchinson is a smaller market where home prices tend to be more accessible than in many parts of Kansas.
Property taxes in Kansas average 1.41% annually. This moderate property tax rate means a $135,000 home in Hutchinson would carry roughly $159/month in property taxes. Homeowners insurance in Kansas runs approximately $2,900 per year. This is within the normal range nationally.
Average rent in Hutchinson is $750/month. The price-to-rent ratio in Hutchinson is moderate, meaning the buy-vs-rent decision depends heavily on how long you plan to stay.
Hutchinson offers strong affordability. With median prices under $250K, first-time buyers have realistic paths to homeownership, especially combined with Kansas's KHRC First-Time Homebuyer program.