The housing market in Hayfield, MN is steadily growing, with the median value of homes being $274,700. This is significantly lower than the US median house value of $338,100. However, home appreciation in Hayfield has seen steady growth over the last year at 6.78%, which is still slightly lower than the US 1 year House Appreciation rate of 8.27%. With its relatively low cost and increasing value, Hayfield is an attractive option for potential homeowners looking for a place to settle down.
The median home cost in Hayfield is $274,700. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Hayfield is up 11.4%.
Average Age of Homes
- The median age of Hayfield real estate is 47 years old
The Rental Market in Hayfield
- Renters make up 20.8% of the Hayfield population
- 0.0% of houses and apartments in Hayfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.