55940 Real Estate Details

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55940 Zip Code Real Estate Statistics

Total Properties
21
Avg. Size in Sq. Ft.
2,006
Avg. Age in Years
1.2
Average Days on Site
435
Minimum Price
$67,900
Maximum Price
$899,900
Avg. Price
$268,310
Avg. Price per Sq. Ft.
$203
Recently Listed in 55940 Zip Code
$77,900
NorthstarMLS IDX Logo
0.51 acre lot$152,745/AcreActive
404 3rd Street Se, Hayfield, MN 55940
MLS #: 6610217
South East Minnesota Realty, Inc
$76,900
NorthstarMLS IDX Logo
0.53 acre lot$145,094/AcreActive
406 3rd Street Se, Hayfield, MN 55940
MLS #: 6610221
South East Minnesota Realty, Inc
$77,900
NorthstarMLS IDX Logo
0.46 acre lot$169,348/AcreActive
408 3rd Street Se, Hayfield, MN 55940
MLS #: 6610227
South East Minnesota Realty, Inc
$67,900
NorthstarMLS IDX Logo
0.37 acre lot$183,514/AcreActive
502 4th Street Se, Hayfield, MN 55940
MLS #: 6610228
South East Minnesota Realty, Inc
$72,900
NorthstarMLS IDX Logo
0.37 acre lot$197,027/AcreActive
506 4th Street Se, Hayfield, MN 55940
MLS #: 6610229
South East Minnesota Realty, Inc
$69,900
NorthstarMLS IDX Logo
0.40 acre lot$174,750/AcreActive
508 4th Street Se, Hayfield, MN 55940
MLS #: 6610231
South East Minnesota Realty, Inc
$73,900
NorthstarMLS IDX Logo
0.40 acre lot$184,750/AcreActive
511 4th Street Se, Hayfield, MN 55940
MLS #: 6610232
South East Minnesota Realty, Inc
$74,900
NorthstarMLS IDX Logo
0.36 acre lot$208,056/AcreActive
509 4th Street Se, Hayfield, MN 55940
MLS #: 6610234
South East Minnesota Realty, Inc
$74,900
NorthstarMLS IDX Logo
0.39 acre lot$192,051/AcreActive
505 4th Street Se, Hayfield, MN 55940
MLS #: 6610237
South East Minnesota Realty, Inc
$74,900
NorthstarMLS IDX Logo
0.39 acre lot$192,051/AcreActive
503 4th Street Se, Hayfield, MN 55940
MLS #: 6610238
South East Minnesota Realty, Inc
$90,000
NorthstarMLS IDX Logo
0.37 acre lot$243,243/AcreActive
405 4th Street Se, Hayfield, MN 55940
MLS #: 6738468
South East Minnesota Realty, Inc
$899,900
NorthstarMLS IDX Logo
114.16 acre lot$7,883/AcrePending
Tbd County Road 149, Hayfield, MN 55940
MLS #: 7006380
Midwest Home and Farm Realty

Demographic Information

Olmsted County

163,425

Populations as of 2026

90,275

Total Labor Force

$93,494

Median Household Income

$52,059

Per Capita Income

38

Median Age

2

Average Household Size

11.8%

High School Graduate

18.5%

Bachelor Degree Or Higher

Population

2026 Estimate (V2026) 163,425

Age Distribution (Years Old)

0 to 4 6.4%
5 to 17 17.9%
18 to 64 59.5%
65 and Older 16.3%

Gender

Male 49%
Female 51%

Computer and Internet Use

Households with a computer 40.8%
Households with a broadband Internet subscription 40.8%

Language

English or Second Language, Age 5+ 13.9%
English is First Language, Age 5+ 79.7%

Veterans

Veterans 7,442

Housing

Total Housing Units 70,255
Households 66,629
Average Household Size 2 people
Owner-Occupied 28.8%
Multi-Family 1.9%
Owner-Occupied Median Value $304,500
Median selected monthly owner costs - with a mortgage $1,878
Median selected monthly owner costs - without a mortgage $684
Median Gross Rent $1,283

Year at Residence

1 Year or More 15%
Less Than 1 Year 85%

Business and Employment

Private non-farm Establishments -
Private non-farm Employment -
Nonemployer Establishments 11,402
Number of Firms -

Business Production

Value of Shipments -
Wholesale Trade -
Retail Trade -
Retail Sales Per Capita -
Accommodation and Food Services -
The American Community Survey (ACS) is an ongoing survey that provides data every year - giving communities the current information they need to plan investments and services. The ACS covers a broad range of topics about social, economic, demographic, and housing characteristics of the U.S. population. Much of the ACS data provided on the Census Bureau's Web site are available separately by age group, race, Hispanic origin, and sex. Summary files, Subject tables, Data profiles, and Comparison Summary read more