Is Kandiyohi, MN 56251 a buyer’s or seller’s market?
Kandiyohi is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Kandiyohi housing market right now
In the three months ending August 31, 2026, 0% of homes in Kandiyohi, MN 56251 sold above their list price and the typical home went under contract in 25 days. With only 3 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 (0 days then) and the median sale price rose 52% to $174,824. Overall, Kandiyohi is less competitive than a year ago, which gives buyers more room.
Within Kandiyohi County, homes here sell faster than in 70% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Sunburg 56289 (50% sold over asking) and Raymond 56282 (38% sold over asking) are even more competitive.
Run the numbers for 56251
Nearby markets
Atwater 56209Seller’s market $277 /sq ftBlomkest 56216Seller’s market $120 /sq ftLake Lillian 56253Buyer’s market $216 /sq ftNew London 56273Seller’s market $170 /sq ft Browse all markets →Where Kandiyohi is
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Questions about Kandiyohi real estate
How fast do homes sell in Kandiyohi?
The typical home went under contract in 25 days in the latest three months.
Do homes in Kandiyohi sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Kandiyohi?
About 1.02% of a home’s value a year in Kandiyohi County, or roughly $4,080 on a $400,000 home.
What is the median home price in Kandiyohi?
The median sale price was $174,824 in the three months ending August 31, 2026, about $147 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