Hayfield, MN housing market
The typical Hayfield home is worth about $326,000, up 7.8% in a year, 7% below the Minnesota typical home.
Home values, sales, trends and how Hayfield compares with the towns next door — updated as new data is published.
Hayfield at a glance
Typical home value, 2016–2026
Show as a table
| January | Hayfield | Minnesota |
|---|---|---|
| 2017 | $164,000 | $217,000 |
| 2018 | $181,000 | $232,000 |
| 2019 | $198,000 | $246,000 |
| 2020 | $209,000 | $259,000 |
| 2021 | $233,000 | $282,000 |
| 2022 | $266,000 | $313,000 |
| 2023 | $278,000 | $325,000 |
| 2024 | $280,000 | $331,000 |
| 2025 | $292,000 | $341,000 |
| 2026 | $315,000 | $349,000 |
| August 2026 | $326,000 | $351,000 |
Hayfield and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Hayfield | $326K | +7.8% | $1,210 | $110,833 |
| Ashland | — | +5.4%† | $1,210 | $123,063 |
| Vernon | — | +5.3%† | $1,220 | $101,111 |
| Westfield | — | +1.1%† | $1,210 | $117,500 |
| Waltham | $297K | +4.1% | $1,200 | $95,000 |
† FHFA price index change, where Zillow has no home value for the town.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $1,210
HUD's Fair Market Rent for a two-bedroom in Hayfield is $1,210 a month, utilities included: roughly what a modest, recently rented unit costs.
Studio $900 · 4 bedrooms $2,030
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (55940; Rochester, MN HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.