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Cheap Homes in Hayfield, MN 55940

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Hayfield, MN Foreclosures

How much do homes sell for in Hayfield, MN?
The average home price is currently $441,222.
What’s the average rental cost in Hayfield, MN?
The average rental price in Hayfield is $1,521.
What is the most expensive home in Hayfield?
The most expensive home sold in Hayfield had a price of $3,826,832.
What is currently the cheapest priced home in Hayfield, MN?
The cheapest home for sale in Hayfield is priced at $25,489.

Living in Hayfield, MN

Hayfield, MN is a quaint rural town offering a serene lifestyle and a close-knit community. Residents enjoy easy access to outdoor activities and local amenities, making it a perfect place for families and individuals who value tranquility and community engagement. The town has strong local schools and hosts annual events that promote community spirit.

Current Market Conditions in Hayfield, MN

Hayfield's real estate market is currently stable, with a mix of affordable single-family homes and newer construction options. While the demand for homes has seen a modest increase, buyers are still finding good deals compared to more urban markets.

Refinancing and mortgage rates have played a role in shaping the market, attracting first-time buyers and families looking to settle in a peaceful environment. The market in Hayfield remains competitive, but it is manageable compared to larger urban areas.

Home Value Estimator For Hayfield, MN

There are currently 927 real estate properties in Hayfield, MN, with a median automated valuation model (AVM) price of $316,532.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hayfield, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hayfield, MN, is $441,222.00, with the most expensive house in Hayfield, MN, topping out at $3,826,832.00 and the cheapest home in Hayfield, MN, clocking in at $25,489.00. In other words, there’s something for every potential homebuyer or savvy investor in Hayfield, MN!

Rent Prices In Hayfield, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hayfield, MN, is on a rollercoaster ride. The average rent price in Hayfield, MN, is $1,521.00. Indeed, when looking to rent in Hayfield, MN, you can expect to pay as little as $700.00 or as much as $3,460.00, with the average rent median estimated to be $1,480.00. The good news is that finding an affordable and desirable property to rent in Hayfield, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Cheap Homes in Hayfield, MN 55940

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