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HOYT LAKES, MN 55750

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The HOYT LAKES, MN real estate market (55750) currently shows 12 active listings, with 2 pending sales. Homes are averaging 16 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 16 days on market compared to 39 days last year.

The median listing price has risen 16.3% year-over-year, from $132,400 to $153,950.

Whether you are buying or selling in HOYT LAKES, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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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
12
vs 12 last year
Pending
2
17% pending ratio
Median Price
$153,950
⇧ 16.3% vs $132,400 last year
Average Price
$206,537
⇧ 17.6% vs $175,629 last year
Days on Market
16
⇩ 59% vs 39 days last year

Price Per Square Foot

Median $/sqft
$97
⇧ 15.5% vs $84/sqft last year
Median Home Size
1,685 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 16 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $153,950 (+16.3% YoY)
  • Average: $206,537 (+17.6% 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 March 2026, there are 12 active listings in HOYT LAKES, MN (zip code 55750), compared to 12 the prior year.

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

The median listing price in HOYT LAKES, MN 55750 is $153,950 as of March 2026, a 16.3% increase from $132,400 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 16 days on the market before going under contract, compared to 39 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 March 2026, HOYT LAKES, MN 55750 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 16 days on market compared to 39 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 $3,079 compared to a typical 5% commission on the median listing price of $153,950. 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.