A+
47%
Med. Home Val. NAT. AVG.
39%
Rent NAT. AVG.
7%
Owner Occ. NAT. AVG.

Hoffman Housing Information

IndexHoffmanMinnesotaNational
Median home price$172,330$339,061$326,622
Median rent asked$875$1,332$1,444
Avg. people per household2.22.42.6
Owner occupied households67.9%71.4%63.6%
Renter occupied households32.1%28.6%36.4%
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Housing Quick Facts

  • The median home price in Hoffman is 47% lower than the national average.
  • The median rent asked in Hoffman is 39% lower than the national average.
  • The average number of people per household in Hoffman is 15% lower than the national average.
  • The number of owner occupied households in Hoffman is 7% higher than the national average.
  • The number of renter occupied households in Hoffman is 12% lower than the national average.

Most Affordable Places to Live in and Around Hoffman

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Compare Hoffman, MN Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Elbow Lake CDP, MN70$0100%
      Wendell, MN134$101,02369%
      Barrett, MN379$128,03661%
      Kensington, MN234$139,30057%
      Elbow Lake, MN1,197$145,70555%
      Hoffman, MN598$172,33047%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Yankeetown, FL598$311,3115%
      Tacna, AZ598$169,73248%
      East Freedom, PA598$169,69648%
      Sulphur Rock, AR598$195,05140%
      Richmond Dale, OH598$230,83829%
      Hoffman, MN598$172,33047%
      Source: The Hoffman, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.