$3,266 Closing Credit*
$275,000
2,610 SqFt
3 Beds
•2 Full Baths
Listing Office: eXp Realty
Is Kerkhoven, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Kerkhoven was a Seller's Market.
Key Takeaway
Kerkhoven is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Kerkhoven, MN
How much do homes in Kerkhoven, MN cost?
Median Sold Price
$203,500
$107/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$57,050(+39.0%)
Key Takeaway
Homes in Kerkhoven have sold for 39% more than they did a year ago.
Summary: The median home sold price in Kerkhoven was $203,500 in October 2024, up 39% from last year, and the median price per square foot was $107.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $225K | N/A |
| 3 Bedrooms | $133K | $203.5K | +53.0% |
| 4 Bedrooms | - | $225K | N/A |
| 5+ Bedrooms | $190K | $133K | -30.0% |
Summary: Kerkhoven housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 53%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 30%.
Housing Supply in Kerkhoven, MN
How many homes are available in Kerkhoven, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 9 | -10.0% |
Summary: The Kerkhoven real estate market had 9 homes for sale in October 2024, a 10.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 6 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kerkhoven housing inventory by bedroom type for October 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 decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 1 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kerkhoven, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Kerkhoven in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Kerkhoven, MN
How long does it take to sell a home in Kerkhoven, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 3 Days | 53 Days | +1666.7% |
Summary: Homes in Kerkhoven had an average of 53 days on market in Oct 2024, up by 1666.7% 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
Key Takeaway
Avg time on Rocket Homes in Kerkhoven has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Kerkhoven; 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.
