$1,398 Closing Credit*
$117,700
776 SqFt
2 Beds
•1 Full Bath
Listing Office: Jane Vikse Real Estate
Is Kandiyohi County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Kandiyohi County has remained a Seller's Market.
Key Takeaway
Kandiyohi County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kandiyohi County, MN
How much do homes in Kandiyohi County, MN cost?
Median Sold Price
$284,925
$148/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$34,925(+14.0%)
Key Takeaway
Homes in Kandiyohi County have sold for 14% more than they did a year ago.
Summary: The median home sold price in Kandiyohi County was $284,925 in October 2024, up 14% from last year, and the median price per square foot was $148.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $247.5K | $379.9K | +53.5% |
| 2 Bedrooms | $164K | $275K | +67.7% |
| 3 Bedrooms | $230K | $237K | +3.0% |
| 4 Bedrooms | $275K | $325K | +18.2% |
| 5+ Bedrooms | $340K | $480K | +41.2% |
Summary: Kandiyohi County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 53.5%, 2 bedroom homes increased by 67.7%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 18.2%, and 5+ bedroom homes increased by 41.2%.
Median Sold Price Compared To Nearby Counties
| Renville County | $147K | $169.7K | +15.5% |
| Kandiyohi County | $250K | $284.9K | +14.0% |
| Meeker County | $252K | $267.5K | +6.2% |
| Stearns County | $266.6K | $279.9K | +5.0% |
| Swift County | $140K | $145K | +3.6% |
Housing Supply in Kandiyohi County, MN
How many homes are available in Kandiyohi County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 189 | 184 | -2.6% |
Summary: The Kandiyohi County real estate market had 184 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 1 | -75.0% |
| 2 Bedrooms | 27 | 30 | +11.1% |
| 3 Bedrooms | 77 | 75 | -2.6% |
| 4 Bedrooms | 57 | 53 | -7.0% |
| 5+ Bedrooms | 24 | 25 | +4.2% |
Summary: The Kandiyohi County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 75%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 7%, and 5+ bedroom homes increased by 4.2%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 53 | 35 | -34.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kandiyohi County, you may be able to get a good deal. 62.9% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Kandiyohi County in October 2024, down by 34.0% month-over-month. Of the 35 sold homes, 63% were sold under asking, 17% were sold at asking, and 20% were sold over asking.
Days on Market for Kandiyohi County, MN
How long does it take to sell a home in Kandiyohi County, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 34 Days | 33 Days | -1.2% |
Summary: Homes in Kandiyohi County had an average of 33 days on market in Oct 2024, down by 1.2% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kandiyohi County are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 35 homes were sold in Kandiyohi County; 60% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
