Market Summary

Hoffman, Grant County, MN

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Median Home Price Price

$206,974 $207K

Median Monthly Rent Rent

$1,029 $1K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Grant County

Region Price Rent GRM Display
$188,363 $911 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Grant County

Region Price Rent GRM Display
$183,711 $972 16.0x
$297,377 $890 28.0x
$171,148 $1,175 12.0x
$192,457 $1,000 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$150,517 $937 13.0x
$211,210 $1,179 15.0x
$173,401 $963 15.0x
$295,815 $1,070 23.0x
$182,953 $925 16.0x
$287,960 $1,645 15.0x
$214,333 $1,070 17.0x
$164,391 $930 15.0x
$260,440 $1,096 20.0x
$262,494 $938 23.0x
$180,104 $1,217 12.0x
$251,686 $1,095 19.0x
$205,247 $1,043 16.0x
$290,233 $929 26.0x
$213,634 $1,057 17.0x
$134,839 $1,030 11.0x
$132,570 $833 13.0x
$192,797 $968 17.0x
$154,565 $929 14.0x
$272,136 $880 26.0x
$332,497 $1,388 20.0x
$208,776 $971 18.0x
$179,820 $982 15.0x
$188,651 $1,000 16.0x
$202,614 $802 21.0x
$232,669 $1,033 19.0x
$136,169 $887 13.0x
$168,656 $1,509 9.0x
$163,083 $818 17.0x
$228,325 $1,009 19.0x
$137,962 $835 14.0x

Home prices

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Monthly rent

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GRM

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Hoffman

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Trend Insights

Median Rent in Hoffman, MN is $1,029, with MoM change +$10 and YoY change +$80 pointing to positive momentum while volatility is low (std $20).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Hoffman, MN.

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Metric
Base market Hoffman, MN
Compare market Select a market
Delta vs base
Median rent
$1,029
N/A
Median price
$206,974
N/A
YoY change
+$80
N/A
Price-to-rent
16.8x
Data unavailable
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