Hutchinson County, Texas Housing Market

In Hutchinson County, Texas, the median home value is $119,100, with a median monthly rent of $932. This places Hutchinson County at #2653 nationally out of 3134 counties by median home value, and #185 within Texas.

Median Home Value $119,100
Median Rent $932/mo
Owner Occupancy 83.3%
Price/Rent Ratio 10.6

📈 Price Trend (2017 → 2024)

📊 Recent Market Momentum (FHFA HPI)

FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025

💡 Year-over-Year Trend: Home prices in Hutchinson County rose +4.9% year-over-year as of 2025. (Source: FHFA)

📍 Economic Snapshot

💼

Employment & Wages

6,274
jobs (private sector)
  • Avg weekly wage: $1,635
  • Establishments: 397
  • BLS QCEW, 2025
🏗️

Housing Supply

2
new units authorized (2025)
  • Single-family: 2
  • Multi-family: 0
  • U.S. Census Bureau, Building Permits Survey
🚚

Migration Patterns

+455
net migration (filers, 2021-2022)
  • Inflow: 7,530 (avg $70,659)
  • Outflow: 7,075 (avg $72,199)
  • IRS Statistics of Income

📍 Sub-Market Activity

Top 1 active ZIP codes in Hutchinson County · Latest: 2025

# ZIP Code HPI YoY Change Latest Year
1 79007 251.8 +3.51% 2025

Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.

How Hutchinson County Compares

MetricHutchinson CountyTexas AverageU.S. Average
Median Home Value $119,100 $186,278 $227,706
Median Gross Rent $932 $997 $968
Owner Occupancy Rate 83.3% 73.2% 73.3%
Price/Rent Ratio 10.6 15.2 18.7

Market Analysis

The median home value in Hutchinson County is 36.1% below the Texas state average and 47.7% below the U.S. national average. The median rent of $932/month is 6.5% below the state average.

With a price-to-rent ratio of 10.6, buying a home in Hutchinson County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.

Hutchinson County has an owner-occupancy rate of 83.3%, compared to 73.2% in Texas and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.

Similar Counties by Home Value

CountyStateMedian Home ValueMedian Rent
Ellis County Oklahoma $119,100 $815
Danville city Virginia $119,100 $836
Russell County Kansas $119,000 $805
Hertford County North Carolina $119,200 $844
Pembina County North Dakota $119,200 $684

Other Counties in Texas

CountyMedian Home ValueMedian RentOwner Occ.
Trinity County $119,500 $856 79.4%
Reeves County $118,000 $981 73.7%
Coke County $117,900 $729 71.1%
Morris County $120,400 $859 73.9%
Deaf Smith County $121,300 $926 66.8%

Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).