The Spurs left-back, who spent a time on loan with Sunderland last season, had looked to be heading out of White Hart Lane during the summer transfer window with former club Glasgow Rangers heading the queue for his signature.
However, Hutton has indicated that should he be sold he would prefer to remain in England.
"It has been tough for me. I was looking at options in the summer but nothing came off," he told the Sunday Mail.
"I moved to Spurs for big money and if I leave, the club will be wanting that. But it's tough to get someone to pay that kind of cash when you haven't been playing.
"It's not a great situation to be in. I just need to keep my head up at the moment and keep going.
"There was a lot of speculation but I have a family now and my oldest child is at school. So I can't be going here, there and everywhere on loan and unsettling them. It's a hard decision.
"I heard the Rangers rumour but whether it's true or not I don't know," added Hutton.
"At the moment I'd like to stay down in England. I have a lot to prove and a lot to offer down there - so my heart is set on doing well down south.
"I have a massive amount of unfinished business. Even at Spurs, I feel that way.
"I had a really good first six months then got injured and went through a change of manager. It was tough.
"It has been a rocky road down there but while I believe I have a lot to offer I'll just keep plugging away.
"But I want something sorted, one way or another, as soon as possible.
"In this day and age you're not going to get clubs paying that sort of money for a right-back.
"But if it gets to January and I haven't played a lot then how can they ask so much? So surely it has to drop. Hopefully it will be in my favour then.
"No way is there that kind of money going around just now - unless it's Man City or Chelsea. So I have to hope the asking price will drop."