Hutchinson County, South Dakota home prices
Typical home $230,600 · +10.7% in a year · property tax 1.15%
The typical home in Hutchinson County is worth $230,600, 27% less than the South Dakota typical home ($317,874). Values changed +10.7% in the past year and +22.1% over five years. Homeowners here pay a median 1.15% of their home's value in property tax each year ($2,641 on the typical home), versus 1.04% statewide.
Mortgage on the typical Hutchinson County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $46,120 | $184,480 | $1,241 | $0 | $335 | $1,576 | $67,600 |
| 10% down | $23,060 | $207,540 | $1,396 | $86 | $335 | $1,818 | $77,900 |
| 5% down | $11,530 | $219,070 | $1,474 | $91 | $335 | $1,900 | $81,400 |
| 3.5% down (FHA) | $8,071 | $226,423 | $1,523 | $102 | $335 | $1,961 | $84,000 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.15% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in South Dakota.
South Dakota counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Roberts County | $228,684 | +12.2% | 0.97% |
| Harding County | $227,589 | +14.6% | 1.12% |
| Jerauld County | $235,678 | +4.8% | 0.84% |
| Sanborn County | $236,814 | +2.8% | 1.17% |
| Marshall County | $237,533 | +7.1% | 0.87% |
| Edmunds County | $222,665 | +5.2% | 0.8% |
| Grant County | $241,790 | +10.1% | 0.91% |
| Kingsbury County | $244,163 | +2.4% | 1.01% |
| Brown County | $244,812 | +5.3% | 1.18% |
| Potter County | $210,868 | +1.3% | 1.42% |
Frequently asked questions
What is the average home price in Hutchinson County, SD?
The typical home value in Hutchinson County is $230,600 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Hutchinson County?
About $67,600 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Hutchinson County?
The median effective rate is 1.15% of home value a year (Census ACS 2024 5-year estimates).