The housing market in Hayward, MN (56043) is strong and growing. The median value for a house in this area is $162,800, which is lower than the US House Median Value of $338,100. This makes it an attractive option for people looking to buy a home. Additionally, the 1 year house appreciation rate in Hayward is 11.33%, higher than the US average of 8.27%. This indicates that buying a home here could be a smart investment decision as the value of your property can increase significantly over time. With these numbers showing so much potential for growth, Hayward is an ideal location to purchase a home.
The median home cost in Hayward (zip 56043) is $162,800. Home appreciation the last 10 years has been 70.2%. Home Appreciation in Hayward (zip 56043) is up 11.6%.
Average Age of Homes
- The median age of Hayward (zip 56043) real estate is 60 years old
The Rental Market in Hayward (zip 56043)
- Renters make up 8.3% of the Hayward (zip 56043) population
- 0.0% of houses and apartments in Hayward (zip 56043), 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.