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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kenyon is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Kenyon was a Seller's Market.

Key Takeaway

Kenyon is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Kenyon, MN

How much do homes in Kenyon, MN cost?

Median Sold Price

$259,000

$162/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$47,000(+22.2%)

Key Takeaway

Homes in Kenyon have sold for 22.2% more than they did a year ago.

Summary: The median home sold price in Kenyon was $259,000 in November 2024, up 22.2% from last year, and the median price per square foot was $162.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $70K-
N/A
2 $246.4K$260K
+5.5%
3 $185.5K$220K
+18.6%
4 $199.4K$262.4K
+31.6%
5+ $470K$150K
-68.1%

Summary: Kenyon 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 5.5%, 3 bedroom homes increased by 18.6%, 4 bedroom homes increased by 31.6%, and 5+ bedroom homes decreased by 68.1%.

Median Sold Price Compared To Nearby Cities

Kenyon
+22.2%
Kenyon Township
+22.2%

Housing Supply in Kenyon, MN

How many homes are available in Kenyon, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
1418+28.6%

Summary: The Kenyon real estate market had 18 homes for sale in November 2024, a 28.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 89
+12.5%
4 45
+25.0%
5+ 23
+50.0%

Summary: The Kenyon housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
13+200.0%

Asking Price vs. Sold Price

2 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 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 November 2024, up by 200.0% 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

Nov 2023Nov 2024CHANGE
9 Days31 Days+248.1%

Summary: Homes in Kenyon had an average of 31 days on market in Nov 2024, up by 248.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

2 Homes Were 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 Kenyon has remained consistent over time.

Summary: During November 2024, 3 homes were sold in Kenyon; 33% of homes were sold within 30 days, 67% 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 Kenyon, MN

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