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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Kilkenny is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Kilkenny has remained a Seller's Market.

Key Takeaway

Kilkenny is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Kilkenny, MN

How much do homes in Kilkenny, MN cost?

Median Sold Price

$317,500

$281/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$197,812(-38.4%)

Key Takeaway

Homes in Kilkenny have sold for 38.4% less than they did a month ago.

Summary: The median home sold price in Kilkenny was $317,500 in November 2024, down 38.4% from last month, and the median price per square foot was $281.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $465K$485K
+4.3%
3 $565.6K$150K
-73.5%
4 --
N/A
5+ --
N/A

Summary: Kilkenny housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.3%, 3 bedroom homes decreased by 73.5%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Kilkenny
-38.4%
Kilkenny Township
-38.4%

Housing Supply in Kilkenny, MN

How many homes are available in Kilkenny, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
42-50.0%

Summary: The Kilkenny real estate market had 2 homes for sale in November 2024, a 50.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 21
-50.0%
3 21
-50.0%
4 00
0.0%
5+ 00
0.0%

Summary: The Kilkenny 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 50%, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
220.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Kilkenny, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Kilkenny in November 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for Kilkenny, MN

How long does it take to sell a home in Kilkenny, MN?

Average Sale Time

Oct 2024Nov 2024CHANGE
7 Days98 Days+1206.7%

Summary: Homes in Kilkenny had an average of 98 days on market in Nov 2024, up by 1206.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Kilkenny are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 2 homes were sold in Kilkenny; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 2 Days Ago

Newest Listings in Kilkenny, MN