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Hawley, MN—56549

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$405,000
5.6% YoY Growth
Household Income
$100,000
26.7% YoY Growth
Days on Market
42
67.0% Longer YoY
Home Price Forecast
0.0%
Median Rent
$1,010
39.3% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,010
39.3% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hawley, MN

As of May '26, the median home price in Hawley, MN is $405,000, with a year-over-year change of 5.6%. This indicates that home prices in Hawley, MN are increasing. According to Zillow, the 1-year price projection is 0.0%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$405,0005.6%
Single Family $405,0005.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.5%
    1 Bedroom
    8.4%
    2 Bedrooms
    16.9%
    3 Bedrooms
    36.6%
    4 Bedrooms
    22.9%
    5+ Bedrooms
    14.6%

    Rental Trends — Hawley, MN

    As of July '25, Rentcast reports the average rent in Hawley, MN is $1,010, with a year-over-year rent change of 39.3%. Per bedroom, the median rent as of July '25 in Hawley, MN is 2-bedrooms: $1,010. The most common rental property sizes in Hawley, MN are 1-bedroom and 2-bedroom, accounting for 37.1% and 31.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$1,010$1,010
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,010$1,010
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    3.1%
    1 Bedroom
    37.1%
    2 Bedrooms
    31.8%
    3 Bedrooms
    23.4%
    4 Bedrooms
    3.1%
    5+ Bedrooms
    1.4%

    Property Listings — Hawley, MN

    As of May '26, Realtor.com reports that the median days on market for a home in Hawley, MN is 42. This is a increase of 67.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 31.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$496,00038.0%
    Listing Count
    		2616.0%
    Listings as % of Homes0.6%16.0%
    Days on Market
    		4267.0%
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    Demographics — Hawley, MN

    As of the latest ACS Survey released in 2023, Hawley, MN has a population of 4,660, which has decreased by -3.5% over the past 5 years. Hawley, MN is a popular place for families, as children make up 28.6% of the population. The area has a moderately educated workforce, with 35.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 14.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		4,660-3.5%
    % Under 18
    		28.6%1.4%
    % Seniors
    		18.4%36.3%
    % WFH
    		14.3%58.9%
    % w/ College Degree
    		35.9%30.1%
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    As of the latest ACS Survey released in 2023, Hawley, MN is a predominantly white area, with 96.8% of the population identifying as white. The white population has grown by 2.8% in the last 5 years. The second most common race or ethnicity in Hawley, MN is hispanic, making up 1.4% of the population. Foreign-born residents account for 0.2% of the population in Hawley, MN, and this percentage has decreased by 80.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		96.8%2.8%
    % Black
    		0.4%0.0%
    % Hispanic
    		1.4%-22.2%
    % Asian
    		0.2%-50.0%
    % Foreign Born
    		0.2%-80.0%
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    Mortgage and Risk — Hawley, MN

    According to HUD data as of 2023, there were 137 mortgage originations in Hawley, MN, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 55.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Hawley, MN. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		137
    % Conventional Loans
    		88.0%
    % Government Loans
    		12.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		4.0%
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    Rentals and Section 8 — Hawley, MN

    Hawley, MN lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		50
    Total Units Section 8
    		50
    % Rentals under Section 8
    		16.4%
    % Occupied Section 8
    		81.4%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$770
    2 Bedroom-$80$1,010$930
    3 BedroomN/AN/A$1,310
    4 BedroomN/AN/A$1,580

    Affordability — Hawley, MN

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$405,000
    Median Household Income$100,000

    Hawley, MN — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Hitterdal, MN

    56552

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    56554

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    56514

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    56547

    Ulen, MN

    56585

    Frequently Asked Questions