Housing Prices in Hoyt Lakes, MN

How much do homes in Hoyt Lakes, MN cost?

Median List Price

$139,500

$87/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

+$14,500(+11.6%)

Key Takeaway

The list price of homes in Hoyt Lakes has increased by 11.6% since last year.

Summary: The median home list price in Hoyt Lakes was $139,500 in October 2024, up 11.6% from the previous year, and the median price per square foot was $87.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $107K$127K
+18.7%
3 $131.2K$134.4K
+2.5%
4 $420K$164.9K
-60.7%
5+ --
N/A

Summary: Hoyt Lakes housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 60.7%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Babbitt
+16.4%
Hoyt Lakes
+11.6%
Embarrass
0%

Housing Supply in Hoyt Lakes, MN

How many homes are available in Hoyt Lakes, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
68+33.3%

Summary: The Hoyt Lakes real estate market had 8 homes for sale in October 2024, a 33.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 23
+50.0%
3 02
+100.0%
4 43
-25.0%
5+ 00
0.0%

Summary: The Hoyt Lakes housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 100%, 4 bedroom homes decreased by 25%, and 5+ bedroom homes remained the same.

Days on Market for Hoyt Lakes, MN

How long does it take to sell a home in Hoyt Lakes, MN?

Average Listing Age

Oct 2023Oct 2024CHANGE
101 Days40 Days-59.9%

Summary: Homes in Hoyt Lakes had an average listing age of 40 days in Oct 2024, down by 59.9% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in Hoyt Lakes, MN

Nearby Markets to Hoyt Lakes, MN

What housing markets are near Hoyt Lakes, MN?