Is Kelliher, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kelliher is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, Kelliher has remained a Seller's Market.

Key Takeaway

Kelliher is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kelliher, MN

How much do homes in Kelliher, MN cost?

Median Sold Price

$263,900

$157/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$30,400(+13.0%)

Key Takeaway

Homes in Kelliher have sold for 13% more than they did a year ago.

Summary: The median home sold price in Kelliher was $263,900 in November 2024, up 13% from last year, and the median price per square foot was $157.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $217K$263.9K
+21.6%
3 $397K$199.9K
-49.6%
4 -$280K
N/A
5+ --
N/A

Summary: Kelliher housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21.6%, 3 bedroom homes decreased by 49.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kelliher
+13.0%
Kelliher Township
+13.0%

Housing Supply in Kelliher, MN

How many homes are available in Kelliher, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
550.0%

Summary: The Kelliher real estate market had 5 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 11
0.0%
2 11
0.0%
3 33
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Kelliher housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
01+100.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kelliher, you could pay more than the asking price. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Kelliher in November 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Kelliher, MN

How long does it take to sell a home in Kelliher, MN?

Average Sale Time

Nov 2023Nov 2024CHANGE
69 Days40 Days-42.0%

Summary: Homes in Kelliher had an average of 40 days on market in Nov 2024, down by 42% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Kelliher has remained consistent over time.

Summary: During November 2024, 1 homes were sold in Kelliher; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Kelliher, MN

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