Is Kelliher, MN 56650 a buyer’s or seller’s market?

The Kelliher housing market right now

In the three months ending August 31, 2026, 50% of homes in Kelliher, MN 56650 sold above their list price, the typical home went under contract in 87 days and there were 8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. 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 (50% then), homes sold more slowly (35 days then) and the median sale price fell 19% to $274,781. Overall, Kelliher is less competitive than a year ago, which gives buyers more room.

Within Beltrami County, homes here sell more slowly than in 75% of the county’s ZIP codes, and sell more often over asking than in 88%.

Nearby, buyers who want less competition could look at Waskish 56685 (0% sold over asking) or Solway 56678 (0% sold over asking), while Hines 56647 (100% sold over asking) is even more competitive.