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 November 2021

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.

How much do homes in Isanti, MN cost?

Median Sold Price

$300,000

$158/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2021

+$33,540(+12.6%)

Key Takeaway

Homes in Isanti have sold for 12.6% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSNov 2021Nov 2022%
1 $124.7K$179K
+43.5%
2 $245K$257.5K
+5.1%
3 $270K$295K
+9.3%
4 $298K$315K
+5.7%
5+ $295K$349K
+18.3%

Median Sold Price Compared To Nearby Cities

Isanti
+12.6%
Bradford Township
+7.9%

How many homes are available in Isanti, MN?

Number of Homes For Sale

Oct 2022Nov 2022%
3730-18.9%

Homes For Sale By Bedroom Count

# BEDSOct 2022Nov 2022%
1 00
0.0%
2 67
+16.7%
3 1514
-6.7%
4 147
-50.0%
5+ 22
0.0%

Number of Homes Sold

Oct 2022Nov 2022%
119-18.2%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

3 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Isanti, you could pay more than the asking price. 55.6% of homes here sold above asking price last month.

Average Sale Time

Nov 2021Nov 2022%
14 Days17 Days+18.5%

Breakdown of Home Sale Times

8 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

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

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

About Isanti, MN

Isanti, MN has 30 homes on the market. Between October 2022 and November 2022, Isanti, MN real estate market has seen decrease in the number of listings by 18.9%. In November 2022, listings were on the market for 17 days. During the same period, the median list price in this real estate market was $300,000. Real estate listing prices changed between October 2022 and November 2022: the cost of 1 bedroom properties went up by 43.5%, 2 bedrooms properties prices increased by 5.1%, the cost of 3 bedrooms properties went up by 9.3%, 4 bedrooms properties became 5.7% more expensive, the cost of 5 bedrooms properties went up by 18.3%. Volume of homes for sale changed: the quantity of 1 bedroom homes have not changed, number of 2 bedrooms homes increased by 16.7%, 3 bedrooms homes became 6.7% less available, number of 4 bedrooms homes decreased by 50%, 5 bedrooms homes inventory did not change. While more than 5 listings in Isanti, MN in November 2022 were sold above asking price, there were more than 3 listings sold at asking price, and more than 1 were sold below.

Related Housing Market Reports