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Featured local agent — Kimball, MN
Sarah Mitchell
Compass Real Estate · Kimball, MN
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Kimball, MN Housing Market & Real Estate
Housing market overview · Updated monthly ·
$350,000median sale price
How is the Kimball, MN housing market right now?
The median home sale price in Kimball, MN is $350,000, up 17.4% year-over-year. Homes sell in an average of 53 days with 10 active listings. The market is currently a buyer's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Kimball a buyer's or seller's market?
Kimball, MN is currently a buyer's market, based on 10.0 months of supply and homes selling in about 53 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
53
Average pace
Active listings
10
10.0 months supply
Sale-to-list
97.3%
Below asking
What does the Kimball housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $350,000 |
| Median list price | $299,950 |
| Year-over-year price change | +17.4% |
| Average days on market | 53 days |
| Active inventory | 10 listings |
| Months of supply | 10.0 months |
| Sale-to-list price ratio | 97.3% |
| Median price per sq ft | $157/sq ft |
| Homes sold (latest month) | 1 |
| New listings (latest month) | 6 |
| Listings with a price cut | 20.0% |
| Market condition | Buyer's market |
Source: Redfin · Updated monthly
How much do homes cost in Kimball by property type?
How the Kimball, MN market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $350,000 | $157/sq ft | 1 | 53 days |
| Townhouse | $250,000 | $111/sq ft | 1 | 40 days |
Source: Redfin · Updated monthly
The Kimball housing market is currently classified as a buyer's market with a median sale price of $350,000. Prices have risen 17.4% compared to last year, with homes spending an average of 53 days on market, indicating 10.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.The price-to-income ratio of 3.8x provides context for how home values compare to local earning capacity.
Homes for sale in Kimball
There are currently 10 homes listed for sale in Kimball, Minnesota. The median listing price is $300K.
Active listings
10
Homes on market
Median list price
$300K
Avg. days on market
53
Days until sale
New this week
6
Newly listed
Who lives in Kimball?
Population
644
Median income
$69,271/yr
Median age
39.1 years
Owner-occupied
70.3%
College grads
16.4%
Avg commute
26.8 min
Source: U.S. Census Bureau ACS
What are homes worth in Kimball?
Zillow home value
$266,639
Price-to-income
3.8x
Source: Zillow Research
What is it like to live in Kimball?
Kimball is a community of approximately 1K residents with a median age of 39.1 years.The median household income is $69,271, which represents a working-class community with solid middle-income opportunities. 16.4% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 70.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 26.8 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Kimball offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Kimball?
3 schools tracked · 748 students
The largest public schools serving Kimball, MN by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
KIMBALL SECONDARY
Grades 6-12 · 425 students
KIMBALL ELEMENTARY
Grades PK-5 · 323 students
ALC - Kimball
Grades 7-12
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Kimball, MN?
Want a head-to-head view? Compare Kimball side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Kimball?
The median home sale price in Kimball is $350,000, up 17.4% from last year.
How long do homes stay on market in Kimball?
Homes typically spend 53 days on market before going under contract.
What is the median income in Kimball?
The median household income is $69,271 per year.
Is Kimball a buyer's or seller's market?
With 10.0 months of supply, Kimball is currently a buyer's market.
What is the Zillow home value estimate for Kimball?
The Zillow Home Value Index (ZHVI) for Kimball is $266,639, representing the typical home value in the area.
How much does a single-family home cost in Kimball?
The median single-family home price in Kimball, MN is $350,000 (about $157 per square foot).
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