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HAYFIELD, MN 55940

Real Estate Market Report  ·  Dodge County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The HAYFIELD, MN real estate market (55940) currently shows 2 active listings, with 1 pending sales. Homes are averaging 115 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 115 days on market compared to 180 days last year.

The median listing price has risen 7.3% year-over-year, from $297,400 to $319,000.

Whether you are buying or selling in HAYFIELD, 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: 2,818  ·  Density: 11.7/mi²  ·  Median household income: $79,310

Typical home value: $215,515  ·  Homeownership: 77.5%

Market Overview

Active Listings
2
⇩ 60% vs 5 last year
Pending
1
50% pending ratio
Median Price
$319,000
⇧ 7.3% vs $297,400 last year
Average Price
$305,150
⇧ 2.6% vs $297,400 last year
Days on Market
115
⇩ 36.1% vs 180 days last year

Price Per Square Foot

Median $/sqft
$155
⇧ 9.2% vs $142/sqft last year
Median Home Size
2,052 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 2 this year vs 5 last year
  • Days on market: 115 now vs 180 last year

Median & Average Pricing

Year over Year
  • Median: $319,000 (+7.3% YoY)
  • Average: $305,150 (+2.6% 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 23.7 miles — 545 listings ($291,171,132 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55940Hayfield, MN 559400.0 mi5$1,597,250$319,450$319,450
55927Dodge Center, MN 5592710.2 mi12$4,473,312$317,500$372,776
55926Dexter, MN 5592611.6 mi1$335,000$335,000$335,000
55950Lansing, MN 5595013.1 mi1$195,000$195,000$195,000
55955Mantorville, MN 5595514.1 mi5$2,356,125$471,225$471,225
55902Rochester, MN 5590215.4 mi138$133,996,068$845,000$970,986
55976Stewartville, MN 5597616.3 mi20$10,511,260$448,700$525,563
55912Austin, MN 5591217.3 mi83$25,805,945$235,475$310,915
55901Rochester, MN 5590119.7 mi165$71,314,980$387,450$432,212
55963Pine Island, MN 5596321.5 mi32$11,490,752$356,150$359,086
56045Hollandale, MN 5604522.1 mi2$1,104,900$552,450$552,450
56046Hope, MN 5604623.5 mi1$319,900$319,900$319,900
55060Owatonna, MN 5506023.7 mi80$27,670,640$354,850$345,883

Frequently Asked Questions

How many homes are for sale in HAYFIELD, MN 55940?

As of March 2026, there are 2 active listings in HAYFIELD, MN (zip code 55940), compared to 5 the prior year.

What is the median home price in HAYFIELD, MN 55940?

The median listing price in HAYFIELD, MN 55940 is $319,000 as of March 2026, a 7.3% increase from $297,400 the prior year.

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

Homes in HAYFIELD, MN 55940 spend an average of 115 days on the market before going under contract, compared to 180 days the prior year.

Is it a seller's or buyer's market in HAYFIELD, MN 55940?

Based on current inventory and days-on-market data as of March 2026, HAYFIELD, MN 55940 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 115 days on market compared to 180 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HAYFIELD, MN 55940 save an estimated $6,380 compared to a typical 5% commission on the median listing price of $319,000. 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.