Kenyon, MN—55946
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kenyon, MN
As of Oct '25, the median home price in Kenyon, MN is $297,000, with a year-over-year change of 5.0%. This indicates that home prices in Kenyon, MN are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $297,000 | 5.0% |
| Single Family | $298,000 | 5.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $252,000 | 5.4% |
3 Bed | $287,000 | 6.3% |
4 Bed | $334,000 | 4.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kenyon, MN
As of July '25, Rentcast reports the average rent in Kenyon, MN is $1,060, with a year-over-year rent change of 54.7%. Per bedroom, the median rent as of July '25 in Kenyon, MN is 1-bedrooms: $1,060. The most common rental property sizes in Kenyon, MN are 1-bedroom and 3-bedroom, accounting for 33.7% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,060 | $1,060 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,060 | $1,060 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kenyon, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Kenyon, MN is 124. This is a increase of 158.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $288,000 | -16.0% |
Listing Count | 10 | -5.0% |
| Listings as % of Homes | 0.4% | -5.0% |
Days on Market | 124 | 158.0% |
Demographics — Kenyon, MN
As of the latest ACS Survey released in 2023, Kenyon, MN has a population of 3,370, which has decreased by -1.1% over the past 5 years. Kenyon, MN is a moderately popular place for families, as children make up 19.9% of the population. The area has a poorly educated workforce, with 22.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,370 | -1.1% |
% Under 18 | 19.9% | -10.4% |
% Seniors | 21.2% | 15.2% |
% WFH | 11.3% | 66.2% |
% w/ College Degree | 22.0% | -6.0% |
As of the latest ACS Survey released in 2023, Kenyon, MN is a predominantly white area, with 90.6% of the population identifying as white. The white population has shrunk by 1.7% in the last 5 years. The second most common race or ethnicity in Kenyon, MN is hispanic, making up 6.5% of the population. Foreign-born residents account for 0.9% of the population in Kenyon, MN, and this percentage has decreased by 73.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.6% | -1.7% |
% Black | 1.0% | -23.1% |
% Hispanic | 6.5% | 44.4% |
% Asian | 0.2% | -80.0% |
% Foreign Born | 0.9% | -73.5% |
Mortgage and Risk — Kenyon, MN
According to HUD data as of 2023, there were 58 mortgage originations in Kenyon, MN, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 66.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Kenyon, MN. Investor activity is low, as 3.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 58 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 3.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — Kenyon, MN
Kenyon, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 14 |
Total Units Section 8 | 14 |
% Rentals under Section 8 | 7.3% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$220 | $1,060 | $840 |
| 2 Bedroom | N/A | N/A | $1,090 |
| 3 Bedroom | N/A | N/A | $1,480 |
| 4 Bedroom | N/A | N/A | $1,760 |
Affordability — Kenyon, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.3 |
| Median Home Price | $297,000 |
| Median Household Income | $80,500 |