Market Overview
Home Prices in Hayfield, MN
The median home value in Hayfield, MN is $329,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 9.1% compared to a year ago and up 3.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Hayfield are priced20% below average. Hayfield is part of the Rochester, MN metro area.
Over the past five years, Hayfield home values have risen by approximately30.1%, reflecting strong long-term appreciation in this market.
Price History
Hayfield Home Price Trend
City Comparison
Hayfield vs. National Median
At $329,534, homes in Hayfield cost 20% below the national median of $410,000. This makes Hayfield a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Hayfield?
20% Down Payment
$65,907
on $329,534
Monthly P&I
$1,719/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,183/mo
incl. taxes & insurance
Income Needed
$87,320
gross annual (30% rule)
10% Down Option
$32,953
+ PMI applies
Loan Amount (20% dn)
$263,627
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Hayfield, MN?
The median home value in Hayfield is $329,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 9.1% year-over-year.
How much have home prices changed in Hayfield?
Over the past year, home values in Hayfield have increased by 9.1%. Over five years, prices have risen approximately 30.1%.
How much do I need to earn to buy a home in Hayfield?
To comfortably afford the median home price of $329,534 with a 20% down payment ($65,907) at today's rates (6.8%), you'd need a gross annual income of approximately $87,320. This assumes keeping total housing costs at or below 30% of gross income.
How does Hayfield compare to the national average home price?
The national median home value is approximately $410,000. At $329,534, homes in Hayfield are 20% below the national average.
What metro area is Hayfield part of?
Hayfield is part of the Rochester, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.