Is Isanti, MN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Isanti is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Isanti has remained a Seller's Market.

Key Takeaway

Isanti is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Isanti, MN

How much do homes in Isanti, MN cost?

Median Sold Price

$331,000

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$4,000(-1.2%)

Key Takeaway

Homes in Isanti have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Isanti was $331,000 in October 2024, down 1.2% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $125K$156K
+24.8%
2 $290K$270K
-6.9%
3 $330K$343.9K
+4.2%
4 $360K$324.9K
-9.8%
5+ $380K$399.9K
+5.2%

Summary: Isanti housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.8%, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 4.2%, 4 bedroom homes decreased by 9.8%, and 5+ bedroom homes increased by 5.2%.

Median Sold Price Compared To Nearby Cities

Bradford Township
+4.2%
Isanti Township
0%
Isanti
-1.2%

Housing Supply in Isanti, MN

How many homes are available in Isanti, MN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6470+9.4%

Summary: The Isanti real estate market had 70 homes for sale in October 2024, a 9.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1818
0.0%
3 3234
+6.3%
4 810
+25.0%
5+ 56
+20.0%

Summary: The Isanti housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 20%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1612-25.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Isanti, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Isanti in October 2024, down by 25.0% month-over-month. Of the 12 sold homes, 42% were sold under asking, 42% were sold at asking, and 17% were sold over asking.

Days on Market for Isanti, MN

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days34 Days-3.9%

Summary: Homes in Isanti had an average of 34 days on market in Oct 2024, down by 3.9% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Isanti are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 12 homes were sold in Isanti; 58% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 8% 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 Isanti, MN

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