Is Pennock, MN 56279 a buyer’s or seller’s market?
Pennock is a seller’s market. With about 3.2 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 Pennock housing market right now
In the three months ending August 31, 2026, 33% of homes in Pennock, MN 56279 sold above their list price, the typical home went under contract in 23 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 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 (33% then), homes sold faster (47 days then) and the median sale price rose 141% to $548,263. Overall, Pennock is more competitive than a year ago, so tougher for buyers.
Within Kandiyohi County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 80%.
Nearby, buyers who want less competition could look at Prinsburg 56281 (0% sold over asking) or Lake Lillian 56253 (0% sold over asking), while Sunburg 56289 (50% sold over asking) and Raymond 56282 (38% sold over asking) are even more competitive.
Run the numbers for 56279
Nearby markets
Atwater 56209Seller’s market $277 /sq ftBlomkest 56216Seller’s market $120 /sq ftKandiyohi 56251 $147 /sq ftLake Lillian 56253Buyer’s market $216 /sq ft Browse all markets →Towns like Pennock nearby
Find towns like Pennock in other states →Where Pennock is
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Questions about Pennock real estate
Is Pennock a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Pennock, MN 56279 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 Pennock?
The typical home went under contract in 23 days in the latest three months.
Do homes in Pennock sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 102.6% of the list price.
What are property taxes in Pennock?
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 Pennock?
The median sale price was $548,263 in the three months ending August 31, 2026, about $176 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