Is Hoyt Lakes, MN 55750 a buyer’s or seller’s market?
Hoyt Lakes is a balanced market. With about 4.4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 40% of U.S. ZIP codes, and #268 of 307 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending July 31, 2026. See the breakdown
The Hoyt Lakes housing market right now
In the three months ending August 31, 2026, 18% of homes in Hoyt Lakes, MN 55750 sold above their list price, the typical home went under contract in 66 days and there were 4.4 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 11 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 13%, homes sold more slowly (42 days then) and the median sale price rose 4% to $145,937. Overall, Hoyt Lakes is about as competitive as it was a year ago.
Within St. Louis County, homes here sell more slowly than in 92% of the county’s ZIP codes, and sell less often over asking than in 56%.
Nearby, buyers who want less competition could look at Soudan 55782 (0% sold over asking) or Orr 55771 (0% sold over asking), while Angora 55703 (100% sold over asking) and Buhl 55713 (100% sold over asking) are even more competitive.
Run the numbers for 55750
Nearby markets
Alborn 55702 — /sq ftAngora 55703Buyer’s market $121 /sq ftAurora 55705Balanced $129 /sq ftBabbitt 55706Seller’s market $91 /sq ft Browse all markets →Towns like Hoyt Lakes nearby
Find towns like Hoyt Lakes in other states →Where Hoyt Lakes is
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Questions about Hoyt Lakes real estate
Is Hoyt Lakes a buyer’s or seller’s market?
A balanced market: there were 4.4 months of supply in Hoyt Lakes, MN 55750 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Hoyt Lakes?
The typical home went under contract in 66 days in the latest three months.
Do homes in Hoyt Lakes sell over asking?
18% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.
What are property taxes in Hoyt Lakes?
About 1.03% of a home’s value a year in St. Louis County, or roughly $4,120 on a $400,000 home.
What is the median home price in Hoyt Lakes?
The median sale price was $145,937 in the three months ending August 31, 2026, about $98 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology