Hutchinson County, SD Home Values & Market Trends

The median home price in Hutchinson County, SD is $145,125. There were 36 home sales in Hutchinson County, SD over the past 12 months. The median residential Hutchinson County, SD home value for transactions over the previous year is $158,500. The number of current listings in Hutchinson County, SD is 6, and the percentage of properties for sale is 6.00%. The county has 0 foreclosures, 0 bank owned properties, 0 headed for auction, and 6 properties for sale.

Hutchinson County, SD Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Freeman

$ 149,000

$ 105/sqft

Dimock

$ --

$ --

Parkston

$ 143,000

$ 115/sqft

Olivet

$ --

$ --

Menno

$ 157,000

$ 70/sqft

Tripp

$ --

$ --

Kaylor

$ --

$ --

Housing Market Summary for Hutchinson County, SD

Apr 2023March 2024Change
Median Listing Price$210K$175.5K-16.43%
Median Sold Price$141K$175.5K24.47%
Homes For Sale3566.67%
Homes Sold2116-23.81%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Hutchinson County, SD

Hutchinson County, SD home values range from $30,000 to $591,000. Menno is the priciest city with a median listing home price of $260,000, and Freeman is most affordable with average house prices of around $182,450.

Foreclosure
There are 7 cities within Hutchinson County, SD; within these cities, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Hutchinson County, SD with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Hutchinson County, SD with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Hutchinson County, SD; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hutchinson County, SD ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Hutchinson County, SD. There are 7 cities within Hutchinson County, SD; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Hutchinson County, SD. Auction homes and other auction properties account for 0% of all properties in Hutchinson County, SD. There are 7 cities within Hutchinson County, SD; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.29% of residential properties in Hutchinson County, SD with Freeman containing 4 homes for sale, the highest number of listed properties in a single city. There are 7 cities within Hutchinson County, SD; homes for sale in those cities, have a range of median values from $157,000 in Menno to the lowest value of $99,000 in Freeman.
    Sold Homes
    The median value for recently sold homes ranges from $226,000 in Menno to the lowest price of $53,000 in Menno. There are 7 cities within Hutchinson County, SD. Parkston has 8 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 0.92% of properties in Hutchinson County, SD.

      Compare Nearby Cities

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      Guide for Hutchinson County, SD

      Market Reports
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Home Buying Guides & Tips
      South Dakota Foreclosure Laws
      Market Reports
      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      See More Articles
      2023 Review: Sioux Falls Real Estate Sees 9% Drop in Property Value, 11% Rise in Sale Price Per Square Foot
      Market Reports|posted 8 April 2024

      The Sioux Falls real estate market has seen fluctuating property values, sale prices, and sale volumes between May 2023 to March 2024, reflecting a dynamic market condition.

      South Dakota Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Dakota Foreclosure Laws

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Recently Listed Homes Hutchinson County, SD

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