$3,194 Closing Credit*
$269,000
2,572 SqFt
3 Beds
•1 Full Bath
Listing Office: Covenant Partners LLC
Is Isle, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Isle has remained a Seller's Market.
Key Takeaway
Isle is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Isle, MN
How much do homes in Isle, MN cost?
Median Sold Price
$277,500
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$22,500(+8.8%)
Key Takeaway
Homes in Isle have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Isle was $277,500 in December 2024, up 8.8% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $87.9K | $65K | -26.1% |
| 2 Bedrooms | $239.1K | $257.5K | +7.7% |
| 3 Bedrooms | $340K | $280K | -17.6% |
| 4 Bedrooms | $256K | $462.5K | +80.7% |
| 5+ Bedrooms | $455K | $600K | +31.9% |
Summary: Isle housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.1%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 17.6%, 4 bedroom homes increased by 80.7%, and 5+ bedroom homes increased by 31.9%.
Median Sold Price Compared To Nearby Cities
| Isle | $255K | $278.7K | +9.3% |
| Isle | $255K | $277.5K | +8.8% |
| East Side Township | $340K | $304.7K | -10.4% |
Housing Supply in Isle, MN
How many homes are available in Isle, MN?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 | 26 | -7.1% |
Summary: The Isle real estate market had 26 homes for sale in December 2024, a 7.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 14 | 14 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Isle housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 3 | 6 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Isle, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in Isle in December 2024, up by 100.0% month-over-month. Of the 6 sold homes, 50% were sold under asking, 33% were sold at asking, and 17% were sold over asking.
Days on Market for Isle, MN
How long does it take to sell a home in Isle, MN?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 25 Days | 37 Days | +45.5% |
Summary: Homes in Isle had an average of 37 days on market in Dec 2024, up by 45.5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Isle has remained consistent over time.
Summary: During December 2024, 6 homes were sold in Isle; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
