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HOYT LAKES, MN 55750

Real Estate Market Report
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

Data as of September 2026. Source: Realtor.com.

The HOYT LAKES, MN real estate market (55750) currently shows 18 active listings, with 6 pending sales. Homes are averaging 99 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 99 days on market compared to 31 days last year.

The median listing price has fallen 9.7% year-over-year, from $156,175 to $140,950.

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Market Context

Market Context

Population: 2,100  ·  Density: 4.6/mi²  ·  Median household income: $70,750

Typical home value: $86,107  ·  Homeownership: 92.5%

Market Overview

Active Listings
18
⇧ 20% vs 15 last year
Pending
6
33% pending ratio
Median Price
$140,950
⇩ 9.7% vs $156,175 last year
Average Price
$187,546
⇧ 8.7% vs $172,508 last year
Days on Market
99
⇧ 219.4% vs 31 days last year

Price Per Square Foot

Median $/sqft
$111
⇧ 4.7% vs $106/sqft last year
Median Home Size
1,276 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 18 this year vs 15 last year
  • Days on market: 99 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $140,950 (-9.7% YoY)
  • Average: $187,546 (+8.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 37.4 miles — 116 listings ($37,619,417 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55750Hoyt Lakes, MN 557500.0 mi7$1,968,547$168,050$281,221
55705Aurora, MN 5570512.5 mi17$3,330,113$181,950$195,889
55732Embarrass, MN 5573214.6 mi2$893,900$446,950$446,950
55763Makinen, MN 5576317.5 mi3$1,186,374$448,000$395,458
55782Soudan, MN 5578222.3 mi3$291,000$97,000$97,000
55607Isabella, MN 5560723.6 mi4$805,900$190,975$201,475
55734Eveleth, MN 5573425.5 mi17$3,018,197$149,500$177,541
55614Silver Bay, MN 5561430.0 mi26$7,065,318$171,750$271,743
55768Mountain Iron, MN 5576831.6 mi3$802,500$275,500$267,500
55710Britt, MN 5571033.5 mi2$875,000$437,500$437,500
55803Duluth, MN 5580334.6 mi24$14,521,368$595,000$605,057
55601Beaver Bay, MN 5560136.1 mi4$1,350,000$337,500$337,500
55603Finland, MN 5560337.4 mi4$1,511,200$309,000$377,800

Frequently Asked Questions

How many homes are for sale in HOYT LAKES, MN 55750?

As of September 2026, there are 18 active listings in HOYT LAKES, MN (zip code 55750), compared to 15 the prior year.

What is the median home price in HOYT LAKES, MN 55750?

The median listing price in HOYT LAKES, MN 55750 is $140,950 as of September 2026, a 9.7% decrease from $156,175 the prior year.

How long do homes stay on the market in HOYT LAKES, MN?

Homes in HOYT LAKES, MN 55750 spend an average of 99 days on the market before going under contract, compared to 31 days the prior year.

Is it a seller's or buyer's market in HOYT LAKES, MN 55750?

Based on current inventory and days-on-market data as of September 2026, HOYT LAKES, MN 55750 is currently a Buyer's Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 99 days on market compared to 31 days last year.

How much can I save on real estate commission in HOYT LAKES, MN?

With SELL123.com's maximum 3% commission, sellers in HOYT LAKES, MN 55750 save an estimated $2,819 compared to a typical 5% commission on the median listing price of $140,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.