Is Kerrick, MN 55756 a buyer’s or seller’s market?
Kerrick is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Kerrick housing market right now
In the three months ending August 31, 2026, 0% of homes in Kerrick, MN 55756 sold above their list price, the typical home went under contract in 159 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (15 days then) and the median sale price fell 40% to $243,395. Overall, Kerrick is less competitive than a year ago, which gives buyers more room.
Within Pine County, homes here sell more slowly, and less often over asking, than in any other ZIP code in the county.
Nearby, Hinckley 55037 (35% sold over asking) and Pine City 55063 (35% sold over asking) are even more competitive.
Run the numbers for 55756
Nearby markets
Askov 55704Buyer’s market $208 /sq ftBruno 55712Buyer’s market $205 /sq ftFinlayson 55735Balanced $284 /sq ftGrasston 55030Seller’s market $209 /sq ft Browse all markets →Where Kerrick is
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Questions about Kerrick real estate
Is Kerrick a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Kerrick, MN 55756 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Kerrick?
The typical home went under contract in 159 days in the latest three months.
Do homes in Kerrick sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Kerrick?
About 0.86% of a home’s value a year in Pine County, or roughly $3,440 on a $400,000 home.
What is the median home price in Kerrick?
The median sale price was $243,395 in the three months ending August 31, 2026, about $234 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology