$4,121 Closing Credit*
$347,000
1,384 SqFt
4 Beds
•1 Full Bath
Listing Office: Red Key Realty
Is Chisago County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Chisago County was a Seller's Market.
Key Takeaway
Chisago County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chisago County, MN
How much do homes in Chisago County, MN cost?
Median Sold Price
$367,933
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$15,174(+4.3%)
Key Takeaway
Homes in Chisago County have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Chisago County was $367,933 in November 2024, up 4.3% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $247.5K | $265K | +7.1% |
| 2 Bedrooms | $312.5K | $305.4K | -2.3% |
| 3 Bedrooms | $350K | $360K | +2.9% |
| 4 Bedrooms | $399.9K | $390K | -2.5% |
| 5+ Bedrooms | $455K | $509.1K | +11.9% |
Summary: Chisago County housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.1%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes increased by 2.9%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 11.9%.
Median Sold Price Compared To Nearby Counties
| Burnett County | $274.5K | $287K | +4.6% |
| Chisago County | $352.7K | $367.9K | +4.3% |
| Polk County | $294.6K | $305.2K | +3.6% |
| Washington County | $408.5K | $419.7K | +2.7% |
| Isanti County | $315K | $316.6K | 0.5% |
Housing Supply in Chisago County, MN
How many homes are available in Chisago County, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 333 | 293 | -12.0% |
Summary: The Chisago County real estate market had 293 homes for sale in November 2024, a 12.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 74 | 65 | -12.2% |
| 3 Bedrooms | 147 | 137 | -6.8% |
| 4 Bedrooms | 83 | 62 | -25.3% |
| 5+ Bedrooms | 26 | 26 | 0.0% |
Summary: The Chisago County housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 12.2%, 3 bedroom homes decreased by 6.8%, 4 bedroom homes decreased by 25.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 102 | 48 | -52.9% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
15 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chisago County, you may be able to get a good deal. 52.1% of homes here sold below asking price last month.
Summary: A total of 48 homes were sold or pending in Chisago County in November 2024, down by 52.9% month-over-month. Of the 48 sold homes, 52% were sold under asking, 31% were sold at asking, and 17% were sold over asking.
Days on Market for Chisago County, MN
How long does it take to sell a home in Chisago County, MN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 47 Days | +50.0% |
Summary: Homes in Chisago County had an average of 47 days on market in Nov 2024, up by 50% compared to last year.
Breakdown of Home Sale Times
21 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chisago County are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 48 homes were sold in Chisago County; 44% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
