Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$285,215+1.9% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 18% have cut their price
Income needed to buy, per year$61,829About 0.8× the local median income ($76,575): affordable for a typical household
Days on market62 daysSlower than a year ago: buyers have time to negotiate
The typical home in Kandiyohi County, MN is worth $285,215, up 1.9% from a year ago. That is slightly above what local incomes have historically supported: fair value is about $269,032, so the area is 6.0% overvalued. It is a buyer's market: homes take about 62 days to sell, listings are up 45% from a year ago, 18% of listings have had a price cut. A household needs about $61,829 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,575. Typical rent is $909 a month. In the latest IRS figures, 327 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$285,215
Change in 1 year
+1.9%
Overvalued %
+6.0%
Show 6 more
Fair home value
$269,032
Change in 5 years
+23.9%
Home value to income
3.7×
Monthly mortgage payment (20% down)
$1,546
Income needed to afford it
$61,829
Property tax rate
1.02%
Rent and investing
Typical rent
$909
Price-to-rent ratio
26.2×
HUD Fair Market Rent, 2 bedrooms
$1,026
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Gross rental yield
3.82%
Cap rate (estimate)
2.49%
Market activity
Listings vs a year ago
+45.4%
Days on market
62
Listings with a price cut
18.3%
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Homes for sale
173
Pending sales per 100 listings
20
Asking price per sq ft
$159
People and jobs
Median household income
$76,575
Population change (1 year)
−0.1%
Unemployment rate
3.6%
Show 4 more
Population
44,720
Income adjusted for cost of living
$89,144
Net moves in (IRS)
−327
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
5.5
FEMA hazard risk score (0 to 100)
51.4
Flood risk score
52.2
Show 3 more
Wildfire risk score
50.0
Walkability (1 to 20)
7.1
Road, rail and air noise
52 dB
Questions people ask
Is Kandiyohi County, MN overvalued?
Home prices in Kandiyohi County, MN are slightly above what local incomes have historically supported: fair value is about $269,032, so the area is 6.0% overvalued.
Is Kandiyohi County, MN a buyer's or seller's market?
Kandiyohi County, MN is a buyer's market: homes take about 62 days to sell, listings are up 45% from a year ago, 18% of listings have had a price cut.
Are home prices going down in Kandiyohi County, MN?
Home values in Kandiyohi County, MN are up 1.9% over the last year.
How much do you need to earn to buy a home in Kandiyohi County, MN?
A household needs about $61,829 a year to afford the typical home in Kandiyohi County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $76,575.