Zip lookup · MN

55940
Hayfield, Minnesota.

Hayfield, Dodge County, MN · Rochester, MN metro · population 2,791

What it costs per month · 55940 $1,706/mo

to buy the typical home at today's mortgage rate — +$961 (+129%) since Jan 2020.

What the home itself did
1 year
Up $23,246 +8%
$301,715$324,961 since Sep 2025
5 years
Up $70,128 +28%
$254,833$324,961 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 2002 2006 2010 2014 2018 2022 2026 55940 $1,706 United States $1,922
$500 $1,000 $1,500 $2,000 2002 2010 2018 2026
  • 55940$1,706
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 14 years.

Typical home values in zip 55940 rose 7.7% over the past year — faster than the nation's +1.2%.

This zip spans 3 counties: Dodge County, MN 90% · Olmsted County, MN 9% · Mower County, MN 1%

Zillow also publishes an index for the city itself: Hayfield, MN — measured over the city limits, which is a different area from this zip.

Typical home value $324,961 as of Sep 2026
+7.7%year on year

Typical home value — 55940

Mid-tier homes, smoothed and seasonally adjusted.

$200,000 $250,000 $300,000 $350,000 2018 2020 2022 2024 2026 55940 $324,961 Rochester $338,327 United States $366,157
$200,000 $250,000 $300,000 $350,000 2018 2022 2026
  • 55940$324,961
  • Rochester$338,327
  • United States$366,157

Within 20 miles

Miles sorted ascending, activate to sort descending Zip activate to sort by Zip City activate to sort by City Population activate to sort by Population Rent activate to sort by Rent Home value activate to sort by Home value
6.2 55973 Sargeant 251 — $306,542
6.7 55982 Waltham 551 — $287,505
7.3 55944 Kasson 8,161 $1,075 $335,589
10.2 55927 Dodge Center 4,297 — $294,260
10.7 55918 Brownsdale 1,084 — $202,794
11.6 55926 Dexter 799 — $291,614
12.4 55920 Byron 9,271 — $402,067
13.2 55917 Blooming Prairie 3,410 — $268,896
14.1 55955 Mantorville 2,605 — $475,774
14.3 55924 Claremont 1,170 — $307,435
15.4 55902 Rochester 26,464 $1,668 $469,445
16.2 55967 Racine 1,001 — $354,233
16.3 55976 Stewartville 8,509 — $333,996
16.9 55936 Grand Meadow 1,785 — $262,821
17.2 55912 Austin 29,632 $1,161 $189,158
18.7 55985 West Concord 1,759 — $287,335
19.8 55901 Rochester 58,495 $1,554 $325,408

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.