Is Hutchinson, MN 55350 a buyer’s or seller’s market?

The Hutchinson housing market right now

In the three months ending August 31, 2026, 30% of homes in Hutchinson, MN 55350 sold above their list price, the typical home went under contract in 29 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 79 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (31% then), homes sold more slowly (17 days then) and the median sale price rose 3% to $299,870. Overall, Hutchinson is less competitive than a year ago, which gives buyers more room.

Within McLeod County, homes here sell more slowly than in 71% of the county’s ZIP codes, and sell less often over asking than in 57%. On our competition score, Hutchinson ranks #128 of 296 MN ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Stewart 55385 (20% sold over asking) or Silver Lake 55381 (20% sold over asking), while Plato 55370 (100% sold over asking) and Brownton 55312 (50% sold over asking) are even more competitive.