$5,936 Closing Credit*
$499,900
2,330 SqFt
3 Beds
•2 Full Baths
Lynn Larson, Listing Office: Century 21 Atwood
Is Kenwood, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Since last month, Kenwood has remained a Seller's Market.
Key Takeaway
Kenwood is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kenwood, MN
How much do homes in Kenwood, MN cost?
Median Sold Price
$249,000
$230/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$18,450(-6.9%)
Key Takeaway
Homes in Kenwood have sold for 6.9% less than they did a month ago.
Summary: The median home sold price in Kenwood was $249,000 in October 2024, down 6.9% from last month, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $180K | - | N/A |
| 2 Bedrooms | - | $263.2K | N/A |
| 3 Bedrooms | $377.4K | $235K | -37.7% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Kenwood housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 37.7%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Chester Park | $252.5K | $299.9K | +18.8% |
| Hunter's Park | $363.1K | $400.5K | +10.3% |
| Kenwood | $267.4K | $249K | -6.9% |
| Woodland | $415K | $262.5K | -36.7% |
Housing Supply in Kenwood, MN
How many homes are available in Kenwood, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 21 | -4.5% |
Summary: The Kenwood real estate market had 21 homes for sale in October 2024, a 4.5% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 0 | -100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 10 | 6 | -40.0% |
| 4 Bedrooms | 5 | 6 | +20.0% |
| 5+ Bedrooms | 2 | 6 | +200.0% |
Summary: The Kenwood housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 40%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 200%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kenwood, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Kenwood in October 2024, down by 42.9% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Kenwood, MN
How long does it take to sell a home in Kenwood, MN?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 15 Days | 46 Days | +190.1% |
Summary: Homes in Kenwood had an average of 46 days on market in Oct 2024, up by 190.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kenwood are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 4 homes were sold in Kenwood; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
