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 neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Green Isle was a Buyer's Market.

Key Takeaway

Green Isle 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 Green Isle, MN

How much do homes in Green Isle, MN cost?

Median Sold Price

$349,900

$168/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$104,950(+42.8%)

Key Takeaway

Homes in Green Isle have sold for 42.8% more than they did a month ago.

Summary: The median home sold price in Green Isle was $349,900 in November 2024, up 42.8% from last month, and the median price per square foot was $168.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 --
N/A
3 -$328.4K
N/A
4 $379.9K-
N/A
5+ $110K$406K
+269.1%

Summary: Green Isle housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes increased by 269.1%.

Median Sold Price Compared To Nearby Cities

Green Isle
+42.8%
Green Isle Township
+42.8%

Housing Supply in Green Isle, MN

How many homes are available in Green Isle, MN?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
18180.0%

Summary: The Green Isle real estate market had 18 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 12
+100.0%
3 1213
+8.3%
4 10
-100.0%
5+ 43
-25.0%

Summary: The Green Isle 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 increased by 100%, 3 bedroom homes increased by 8.3%, 4 bedroom homes decreased by 100%, and 5+ bedroom homes decreased by 25%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

1 Home Was 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. 33.3% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Green Isle in November 2024, up by 50.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% 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 2024Nov 2024CHANGE
25 Days57 Days+130.7%

Summary: Homes in Green Isle had an average of 57 days on market in Nov 2024, up by 130.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were 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 November 2024, 3 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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