Is Kerkhoven, MN 56252 a buyer’s or seller’s market?
Kerkhoven is a seller’s market. With about 1.1 months of supply and 33% 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 Kerkhoven housing market right now
In the three months ending August 31, 2026, 33% of homes in Kerkhoven, MN 56252 sold above their list price, the typical home went under contract in 17 days and there were 1.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. 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 rose from 0%, homes sold faster (61 days then) and the median sale price rose 18% to $244,894. Overall, Kerkhoven is more competitive than a year ago, so tougher for buyers.
Nearby, buyers who want less competition could look at Appleton 56208 (0% sold over asking) or Benson 56215 (13% sold over asking).
Run the numbers for 56252
Nearby markets
Appleton 56208Buyer’s market $114 /sq ftBenson 56215Seller’s market $99 /sq ftHolloway 56249 — /sq ftMurdock 56271 — /sq ft Browse all markets →Towns like Kerkhoven nearby
Find towns like Kerkhoven in other states →Where Kerkhoven is
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Questions about Kerkhoven real estate
Is Kerkhoven a buyer’s or seller’s market?
A seller’s market: there were 1.1 months of supply in Kerkhoven, MN 56252 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 Kerkhoven?
The typical home went under contract in 17 days in the latest three months.
Do homes in Kerkhoven sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Kerkhoven?
About 0.86% of a home’s value a year in Swift County, or roughly $3,440 on a $400,000 home.
What is the median home price in Kerkhoven?
The median sale price was $244,894 in the three months ending August 31, 2026, about $128 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