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Hoffman Real Estate Market Facts

  • $85,400Median home price
    55% lower than Minnesota
  • $528Median rent asked
    40% lower than Minnesota
  • 69.8%Home owners
    2% lower than Minnesota
  • 2.1People per home
    15% lower than Minnesota

Hoffman Home Affordability

  • $85,400Median home price
    55% lower than Minnesota
  • $41,705Median home income
    34% lower than Minnesota
  • 2.0xHome price to income ratio
    32% lower than Minnesota

Hoffman Affordability Calculator

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Hoffman Mortgage Calculator

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Hoffman Demographics

  • 667Population
  • 310People / sq mile
  • 41.1Median age
  • 0.9:1Male/Female ratio

Nearby cities with low home prices

City, StatePopulationHome PriceNational Avg.
Elbow Lake CDP, MN69$0100%
Farwell, MN39$40,00078%
Wendell, MN97$66,40064%
Kensington, MN302$67,80063%
Elbow Lake, MN1,261$74,60060%
Hoffman, MN667$85,40054%

Cities with similar population

City, StatePopulationHome PriceNational Avg.
Neosho, WI667$158,60014%
Fontanelle, IA667$65,50065%
Stuart, NE667$112,50039%
Cloudcroft, NM667$170,7008%
Iron River, WI667$134,40027%
Hoffman, MN667$85,40054%
Source: The Hoffman, MN housing data displayed above is derived from the 2016 United States Census Bureau American Community Survey (ACS).
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