Commercial Real Estate Market in Hutchinson, MN
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 581 off-market properties in Hutchinson, MN.
Market Trends
Hutchinson, MN spans 159.9 square miles in McLeod County, Minnesota. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hutchinson, MN runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Hutchinson, MN runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Hutchinson, MN runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Hutchinson, MN runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 59.8%
- Industrial 22.5%
- Commercial 13.1%
- Planned_development 4.3%
- Mixed use 0.3%
Largest Zones share of zoned land by district
Medium Density Residential District
Single Family Residential
Light Industrial Park
Industrial And Commercial
Fringe Commercial
Hutchinson, MN zones 5,420 acres across 20 districts. Commercial zoning covers 13.1% of zoned land, residential 59.8% and industrial 22.5%. The largest single district is Medium Density Residential District at 29.2%. For commercial buyers the practical constraint is that only 35.6% of land carries a commercial or industrial designation.
Fringe Commercial (C-4)
C-4 Conditionally permitted Conditionally permitted Conditionally permitted I/C Conditionally permitted Not permitted Conditionally permitted I-1 and I-2 Conditionally permitted Conditionally permitted Conditionally permitted GT Conditionally permitted Not permitted Conditionally permitted R-1, R-2 Conditionally permitted Not permitted Conditionally permitte…
Market overview
Demographics & Economy
Hutchinson, MN has 18,669 residents in 8,276 households. Density runs 117 people per square mile. Median household income here is $78,663 and median gross rent $934 a month.
18,669
Population
8,276
Households
2.3
Avg Household Size
42
Median Age
26%
College-Educated
96%
High-School Grad
159.9 sq mi
ZIP Area
117
Density / Sq Mi
$78,663
Median Household Income
$46,775
Median Earnings
$934
Median Rent
$238,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Biscay | — | — |
| Cedar Mills | — | — |
| Buffalo Lake | — | — |
| Brownton | — | — |
Commercial property in Hutchinson, MN asks $1,367/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hutchinson?
Commercial property in Hutchinson, MN asks an average of $1,367 per square foot.
What zoning applies to commercial property in Hutchinson?
Hutchinson, MN zones 5,420 acres across 20 districts, of which 13.1% is commercial and 22.5% industrial. The largest single district is Medium Density Residential District at 29.2% of zoned land. Residential zoning covers 59.8% and open space 0%.
Where does Realmo's Hutchinson market data come from?
Realmo compiles Hutchinson, MN figures from 6 recent recorded sales, 17 active sale listings, 2 active lease listings, 581 tracked off-market properties, the current Hutchinson zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 2 active for-lease listings in Hutchinson, MN. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 5,420 zoned acres across 20 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
