Much like its surrounding areas, it is a lot less expensive compared to the rest of the nation. Compared to the city of Minneapolis, it is significantly less expensive.
Home prices
Hayfield's median home cost is $117,200. Compared to its surrounding areas it is about $4,780 (3%) lower.Compared to the entire country it is approximately $100,300 (46%) lower, and compared to the city of Minneapolis it is roughly $134,400 (53%) lower.
Rents
Hayfield's median monthly rent is $555. Compared to the surrounding areas this is about $110 (16%) lower.Compared to the United States as a whole it is about $507 (47%) lower, and it is approximately $472 (45%) lower in comparison to the city of Minneapolis.
Nearby places
Dodge Center
Dodge Center is about 8 miles north of Hayfield. The real estate prices there are a little more expensive. The median home in Dodge Center is valued at $140,300, which is $23,100 (16%) higher than Hayfield. Rents there are somewhat more expensive. The median rent in Dodge Center is $663 a month, which comes out to $108 (16%) higher than Hayfield.
Blooming Prairie
Blooming Prairie is approximately 8 miles west from Hayfield. Its real estate prices are a bit more expensive. The median home in Blooming Prairie is valued at $127,400, which works out to $10,200 (8%) higher than Hayfield. The rent there is somewhat more expensive. Blooming Prairie's median rent is $704 a month, which is $149 (21%) higher than Hayfield.
Brownsdale
Brownsdale is approximately 9 miles south from Hayfield. Its housing prices are somewhat less expensive. The median home in Brownsdale is valued at $89,400, which works out to $27,800 (31%) lower than Hayfield. Its rents are a little more expensive. Brownsdale's median rent is $613 per month, which comes out to $58 (9%) higher than Hayfield.
Kasson
Kasson is approximately 10 miles northeast from Hayfield. The housing prices there are substantially more expensive. The price of the median home in Kasson is $180,300, which works out to $63,100 (34%) higher than Hayfield. The rent there is a little more expensive. The median rent in Kasson is $635 per month, which works out to $80 (12%) higher than Hayfield.
Claremont
Claremont is roughly 11 miles northwest from Hayfield. Real estate prices there are a lot less expensive. The value of the median home in Claremont is $72,500, which is $44,700 (61%) lower than Hayfield. Rents there are a bit more expensive. Claremont's median rent is $709 a month, which comes out to $154 (21%) higher than Hayfield.
