Housing in 55750 Hoyt Lakes, MN is much more affordable than the average US housing market with a median value of $100,700. Despite this lower price point, homes in 55750 Hoyt Lakes have seen a 13.08% appreciation in value over the past year, which is greater than the 8.27% appreciation rate observed in the US housing market during the same period. Overall, living in 55750 Hoyt Lakes presents an ideal opportunity for those looking to purchase an affordable home with strong potential for future growth.
The median home cost in Hoyt Lakes (zip 55750) is $100,700. Home appreciation the last 10 years has been 60.0%. Home Appreciation in Hoyt Lakes (zip 55750) is up 13.2%.
Average Age of Homes
- The median age of Hoyt Lakes (zip 55750) real estate is 57 years old
The Rental Market in Hoyt Lakes (zip 55750)
- Renters make up 10.0% of the Hoyt Lakes (zip 55750) population
- 0.0% of houses and apartments in Hoyt Lakes (zip 55750), 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.