$5,938 Closing Credit*
$500,000
1,202 SqFt
3 Beds
•1 Full Bath
Listing Office: LaBelle Real Estate Group Inc
Is Chisago County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Chisago County has remained a Seller's Market.
Key Takeaway
Chisago County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Chisago County, MN
How much do homes in Chisago County, MN cost?
Median Sold Price
$365,100
$205/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$14,400(+4.1%)
Key Takeaway
Homes in Chisago County have sold for 4.1% more than they did a year ago.
Summary: The median home sold price in Chisago County was $365,100 in October 2024, up 4.1% from last year, and the median price per square foot was $205.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $280K | +30.2% |
| 2 Bedrooms | $312.7K | $305K | -2.5% |
| 3 Bedrooms | $349.8K | $358.4K | +2.5% |
| 4 Bedrooms | $398K | $390K | -2.0% |
| 5+ Bedrooms | $442.5K | $509.1K | +15.1% |
Summary: Chisago County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 30.2%, 2 bedroom homes decreased by 2.5%, 3 bedroom homes increased by 2.5%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Counties
| Burnett County | $265.8K | $290.7K | +9.4% |
| Chisago County | $350.7K | $365.1K | +4.1% |
| Polk County | $293.5K | $305.2K | +4.0% |
| Washington County | $409.9K | $419.1K | +2.2% |
| Isanti County | $317.3K | $313.2K | -1.3% |
Housing Supply in Chisago County, MN
How many homes are available in Chisago County, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 359 | 386 | +7.5% |
Summary: The Chisago County real estate market had 386 homes for sale in October 2024, a 7.5% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 75 | 84 | +12.0% |
| 3 Bedrooms | 165 | 172 | +4.2% |
| 4 Bedrooms | 87 | 95 | +9.2% |
| 5+ Bedrooms | 29 | 32 | +10.3% |
Summary: The Chisago County housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 4.2%, 4 bedroom homes increased by 9.2%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 78 | 95 | +21.8% |
Asking Price vs. Sold Price
42 Homes Were Sold
Under Asking
29 Homes Were Sold
At Asking
24 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. 44.2% of homes here sold below asking price last month.
Summary: A total of 95 homes were sold or pending in Chisago County in October 2024, up by 21.8% month-over-month. Of the 95 sold homes, 44% were sold under asking, 31% were sold at asking, and 25% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 33 Days | 33 Days | +1.0% |
Summary: Homes in Chisago County had an average of 33 days on market in Oct 2024, up by 1% compared to last year.
Breakdown of Home Sale Times
61 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
8 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 October 2024, 95 homes were sold in Chisago County; 64% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
