Market Overview
Home Prices in Kenyon, MN
The median home value in Kenyon, MN is $308,899 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.6% compared to a year ago and up 4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Kenyon are priced25% below average. Kenyon is part of the Red Wing, MN metro area.
Over the past five years, Kenyon home values have risen by approximately26.3%, reflecting strong long-term appreciation in this market.
Price History
Kenyon Home Price Trend
City Comparison
Kenyon vs. National Median
At $308,899, homes in Kenyon cost 25% below the national median of $410,000. This makes Kenyon a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Kenyon?
20% Down Payment
$61,780
on $308,899
Monthly P&I
$1,611/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,046/mo
incl. taxes & insurance
Income Needed
$81,840
gross annual (30% rule)
10% Down Option
$30,890
+ PMI applies
Loan Amount (20% dn)
$247,119
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Kenyon, MN?
The median home value in Kenyon is $308,899 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.6% year-over-year.
How much have home prices changed in Kenyon?
Over the past year, home values in Kenyon have increased by 3.6%. Over five years, prices have risen approximately 26.3%.
How much do I need to earn to buy a home in Kenyon?
To comfortably afford the median home price of $308,899 with a 20% down payment ($61,780) at today's rates (6.8%), you'd need a gross annual income of approximately $81,840. This assumes keeping total housing costs at or below 30% of gross income.
How does Kenyon compare to the national average home price?
The national median home value is approximately $410,000. At $308,899, homes in Kenyon are 25% below the national average.
What metro area is Kenyon part of?
Kenyon is part of the Red Wing, MN metropolitan area. Home prices and market conditions can vary across the broader metro region.