Is Green Isle, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Green Isle is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, Green Isle was a Seller's Market.

Key Takeaway

Green Isle is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Green Isle, MN

How much do homes in Green Isle, MN cost?

Median Sold Price

$305,500

$150/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,600(+1.9%)

Key Takeaway

Homes in Green Isle have sold for 1.9% more than they did a year ago.

Summary: The median home sold price in Green Isle was $305,500 in October 2024, up 1.9% from last year, and the median price per square foot was $150.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $197.5K$155K
-21.5%
3 $301.2K$170K
-43.6%
4 $478.7K$349.7K
-27.0%
5+ $315.5K$362.5K
+14.9%

Summary: Green Isle housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 21.5%, 3 bedroom homes decreased by 43.6%, 4 bedroom homes decreased by 27%, and 5+ bedroom homes increased by 14.9%.

Median Sold Price Compared To Nearby Cities

Green Isle
+1.9%
Green Isle Township
+1.9%

Housing Supply in Green Isle, MN

How many homes are available in Green Isle, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
1319+46.2%

Summary: The Green Isle real estate market had 19 homes for sale in October 2024, a 46.2% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 01
+100.0%
3 812
+50.0%
4 32
-33.3%
5+ 24
+100.0%

Summary: The Green Isle 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 100%, 3 bedroom homes increased by 50%, 4 bedroom homes decreased by 33.3%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Green Isle, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Green Isle in October 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Green Isle, MN

How long does it take to sell a home in Green Isle, MN?

Average Sale Time

Oct 2023Oct 2024CHANGE
30 Days35 Days+16.0%

Summary: Homes in Green Isle had an average of 35 days on market in Oct 2024, up by 16% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Green Isle has remained consistent over time.

Summary: During October 2024, 1 homes were sold in Green Isle; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Green Isle, MN

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