Hoyt Lakes MN Multi Family for Sale

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Hoyt Lakes Real Estate

The median home value in Hoyt Lakes, MN is $144,000. This is lower than the county median home value of $197,400. The national median home value is $338,100. The average price of homes sold in Hoyt Lakes, MN is $144,000. Approximately 89.85% of Hoyt Lakes homes are owned, compared to 6.8% rented, while 3.35% are vacant. Hoyt Lakes real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Hoyt Lakes real estate agent to arrange a tour today!

Hoyt Lakes, Minnesota has a population of 2,204. Hoyt Lakes is more family-centric than the surrounding county with 33.79% of the households containing married families with children. The county average for households married with children is 26.31%.

The median household income in Hoyt Lakes, Minnesota is $60,987. The median household income for the surrounding county is $61,213 compared to the national median of $69,021. The median age of people living in Hoyt Lakes is 42.6 years.

Hoyt Lakes Weather

The average high temperature in July is 76.6 degrees, with an average low temperature in January of -7.3 degrees. The average rainfall is approximately 29.2 inches per year, with 63.2 inches of snow per year.

Hoyt Lakes Real Estate Market Conditions

  • Median sales price

    $144,000
    13.2% change since last quarter
  • # Active listings

    9
    30-day change

Hoyt Lakes Schools and Demographics

Education near Hoyt Lakes, MN

Metric City County
High School Graduates 95.11 94.63
College Degree - 2 year 17.47 13.09
College Degree - 4 year 13.32 31.2
Graduate Degree 1.74 7.35
Expenditures per Student 16,248 16,248
Students per Teacher 15.2 15.2

Elementary Schools near Hoyt Lakes, MN

School Grades Students P/T Ratio ZIP
Mesabi East Elementary School PK - 06 500 13.8 55705

High Schools near Hoyt Lakes, MN

School Grades Students P/T Ratio ZIP
Mesabi East Secondary School 07 - 12 421 17.8 55705

Demographics near Hoyt Lakes, MN

Metric City County
Neighborhood Type Small town
Population 2,204 200,311
Population Density 39 32
Median Age 42.6 40.9
People per Household 2.5 2.2
Median Household Income 60,987 61,213
Average Income per Capita 27,835 34,816