$6,116 Closing Credit*
$515,000
1,361 SqFt
2 Beds
•1 Full Bath
Listing Office: JPW Realty
Is Isle Harbor Township, 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, Isle Harbor Township has remained a Seller's Market.
Key Takeaway
Isle Harbor Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Isle Harbor Township, MN
How much do homes in Isle Harbor Township, MN cost?
Median Sold Price
$362,250
$139/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$2,750(-0.8%)
Key Takeaway
Homes in Isle Harbor Township have sold for 0.8% less than they did a year ago.
Summary: The median home sold price in Isle Harbor Township was $362,250 in October 2024, down 0.8% from last year, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $460K | - | N/A |
| 2 Bedrooms | $285K | $437.5K | +53.5% |
| 3 Bedrooms | $355K | $195K | -45.1% |
| 4 Bedrooms | $399.9K | $635K | +58.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Isle Harbor Township 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 increased by 53.5%, 3 bedroom homes decreased by 45.1%, 4 bedroom homes increased by 58.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Isle | $260K | $260K | 0.0% |
| Isle Harbor Township | $365K | $362.2K | -0.8% |
| Wahkon | $399.9K | $320K | -20.0% |
| East Side Township | $363.2K | $271.2K | -25.3% |
Housing Supply in Isle Harbor Township, MN
How many homes are available in Isle Harbor Township, MN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Summary: The Isle Harbor Township real estate market had 5 homes for sale in October 2024, a 66.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 2 | +100.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Isle Harbor Township 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Isle Harbor Township, 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 Isle Harbor Township in October 2024, up by 100.0% month-over-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 Isle Harbor Township, MN
How long does it take to sell a home in Isle Harbor Township, MN?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 158 Days | 18 Days | -88.6% |
Summary: Homes in Isle Harbor Township had an average of 18 days on market in Oct 2024, down by 88.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Isle Harbor Township are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Isle Harbor Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
