Kerkhoven, MN—56252
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kerkhoven, MN
Kerkhoven, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $221,000 | 4.9% |
| Single Family | $221,000 | 5.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Kerkhoven, MN
As of July '25, Rentcast reports the average rent in Kerkhoven, MN is $700, with a year-over-year rent change of 27.3%. Per bedroom, the median rent as of July '25 in Kerkhoven, MN is 2-bedrooms: $700. The most common rental property sizes in Kerkhoven, MN are 2-bedroom and 3-bedroom, accounting for 66.1% and 18.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $775 | $700 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $775 | $700 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Kerkhoven, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in Kerkhoven, MN is 107. This is a decrease of -25.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $225,000 | -14.0% |
Listing Count | 5 | -24.0% |
| Listings as % of Homes | 0.2% | -24.0% |
Days on Market | 107 | -25.0% |
Demographics — Kerkhoven, MN
As of the latest ACS Survey released in 2023, Kerkhoven, MN has a population of 1,300, which has increased by 8.7% over the past 5 years. Kerkhoven, MN is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 17.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 1,300 | 8.7% |
% Under 18 | 24.8% | -12.7% |
% Seniors | 20.2% | 24.7% |
% WFH | 19.3% | 206.3% |
% w/ College Degree | 17.4% | -25.3% |
As of the latest ACS Survey released in 2023, Kerkhoven, MN is a predominantly white area, with 84.8% of the population identifying as white. The white population has grown by 1.2% in the last 5 years. The second most common race or ethnicity in Kerkhoven, MN is hispanic, making up 11.8% of the population. Foreign-born residents account for 3.4% of the population in Kerkhoven, MN, and this percentage has decreased by 47.7% 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 | 84.8% | 1.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 11.8% | -24.4% |
% Asian | 0.1% | ∞% |
% Foreign Born | 3.4% | -47.7% |
Mortgage and Risk — Kerkhoven, MN
According to HUD data as of 2023, there were 23 mortgage originations in Kerkhoven, MN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 82.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Kerkhoven, MN. Investor activity is low, as 4.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 23 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Kerkhoven, MN
Kerkhoven, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 10 |
Total Units Section 8 | 10 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $720 |
| 2 Bedroom | $155 | $775 | $930 |
| 3 Bedroom | N/A | N/A | $1,200 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Kerkhoven, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $221,000 |
| Median Household Income | $80,500 |