$4,749 Closing Credit*
$399,900
2,932 SqFt
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Edina Realty, Inc.
Is Kenyon, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
Since last year, Kenyon has remained a Seller's Market.
Key Takeaway
Kenyon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kenyon, MN
How much do homes in Kenyon, MN cost?
Median Sold Price
$257,250
$162/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
+$58,300(+29.3%)
Key Takeaway
Homes in Kenyon have sold for 29.3% more than they did a year ago.
Summary: The median home sold price in Kenyon was $257,250 in August 2024, up 29.3% from last year, and the median price per square foot was $162.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $70K | N/A |
| 2 Bedrooms | $225K | $262.4K | +16.6% |
| 3 Bedrooms | $195K | $215K | +10.3% |
| 4 Bedrooms | $183.8K | $239.9K | +30.5% |
| 5+ Bedrooms | $505.5K | $309.9K | -38.7% |
Summary: Kenyon housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 16.6%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 30.5%, and 5+ bedroom homes decreased by 38.7%.
Median Sold Price Compared To Nearby Cities
| Kenyon Township | $198K | $257.2K | +29.9% |
| Kenyon | $198.9K | $257.2K | +29.3% |
Housing Supply in Kenyon, MN
How many homes are available in Kenyon, MN?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Summary: The Kenyon real estate market had 17 homes for sale in August 2024, a 30.8% increase compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 2 | 6 | +200.0% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Kenyon housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes increased by 200%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kenyon, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Kenyon in August 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.
Days on Market for Kenyon, MN
How long does it take to sell a home in Kenyon, MN?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 44 Days | 6 Days | -85.1% |
Summary: Homes in Kenyon had an average of 6 days on market in Aug 2024, down by 85.1% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Kenyon are selling fast, if you're buying plan to act quickly.
Summary: During August 2024, 3 homes were sold in Kenyon; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
