$2,969 Closing Credit*
$250,000
728 SqFt
1 Bed
•1 Bath
Listing Office: All-Star Realty, Inc.
Is Kerkhoven Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kerkhoven Township has remained a Seller's Market.
Key Takeaway
Kerkhoven Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kerkhoven Township, MN
How much do homes in Kerkhoven Township, MN cost?
Median Sold Price
$225,000
$126/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$73,500(+48.5%)
Key Takeaway
Homes in Kerkhoven Township have sold for 48.5% more than they did a year ago.
Summary: The median home sold price in Kerkhoven Township was $225,000 in November 2024, up 48.5% from last year, and the median price per square foot was $126.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $225K | N/A |
| 3 Bedrooms | $114K | $201K | +76.3% |
| 4 Bedrooms | $170K | $270K | +58.8% |
| 5+ Bedrooms | $190K | $216.5K | +13.9% |
Summary: Kerkhoven Township 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 did not change, 3 bedroom homes increased by 76.3%, 4 bedroom homes increased by 58.8%, and 5+ bedroom homes increased by 13.9%.
Housing Supply in Kerkhoven Township, MN
How many homes are available in Kerkhoven Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 9 | 7 | -22.2% |
Summary: The Kerkhoven Township real estate market had 7 homes for sale in November 2024, a 22.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 1 | 0 | -100.0% |
| 3 Bedrooms | 6 | 5 | -16.7% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kerkhoven Township 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 decreased by 100%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 2 | 3 | +50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Kerkhoven Township, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Kerkhoven Township in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Kerkhoven Township, MN
How long does it take to sell a home in Kerkhoven Township, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 4 Days | 109 Days | +2625.0% |
Summary: Homes in Kerkhoven Township had an average of 109 days on market in Nov 2024, up by 2625% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Kerkhoven Township are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in Kerkhoven Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
