There are currently 992 real estate properties in Hoyt Lakes, MN, with a median automated valuation model (AVM) price of $106,471.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hoyt Lakes, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hoyt Lakes, MN, is $117,972.00, with the most expensive house in Hoyt Lakes, MN, topping out at $589,000.00 and the cheapest home in Hoyt Lakes, MN, clocking in at $25,842.00. In other words, there’s something for every potential homebuyer or savvy investor in Hoyt Lakes, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hoyt Lakes, MN, is on a rollercoaster ride. The average rent price in Hoyt Lakes, MN, is $996.00. Indeed, when looking to rent in Hoyt Lakes, MN, you can expect to pay as little as $660.00 or as much as $2,030.00, with the average rent median estimated to be $950.00. The good news is that finding an affordable and desirable property to rent in Hoyt Lakes, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
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