Hayward, MN housing market
The typical Hayward home is worth about $227,000, up 6.9% in a year, 35% below the Minnesota typical home.
Home values, sales, trends and how Hayward compares with the towns next door — updated as new data is published.
Hayward at a glance
Typical home value, 2016–2026
Show as a table
| January | Hayward | Minnesota |
|---|---|---|
| 2017 | $123,000 | $217,000 |
| 2018 | $131,000 | $232,000 |
| 2019 | $137,000 | $246,000 |
| 2020 | $149,000 | $259,000 |
| 2021 | $166,000 | $282,000 |
| 2022 | $186,000 | $313,000 |
| 2023 | $197,000 | $325,000 |
| 2024 | $204,000 | $331,000 |
| 2025 | $211,000 | $341,000 |
| 2026 | $223,000 | $349,000 |
| August 2026 | $227,000 | $351,000 |
Hayward and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | Median income |
|---|---|---|---|---|
| Hayward | $227K | +6.9% | $1,000 | $120,278 |
| Albert Lea | $183K | +4.6% | $970 | $75,000 |
| Shell Rock | — | +18.1%† | $1,030 | $72,500 |
| Riceland | — | +5.3%† | $970 | $91,250 |
| Glenville | $252K | +9.8% | $1,030 | $56,563 |
| Oakland | — | +8.8%† | $1,020 | $102,500 |
| Freeman | — | +15.5%† | $1,020 | $93,750 |
† 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 $1,000
HUD's Fair Market Rent for a two-bedroom in Hayward is $1,000 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Hayward pay a median of $638, so moving in tends to cost more than staying put.
Studio $690 · 4 bedrooms $1,470
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (56007, 56036, 56043; Freeborn County, MN), 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.