Is Isanti Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Isanti Township has remained a Seller's Market.
Key Takeaway
Isanti Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Isanti Township, MN
How much do homes in Isanti Township, MN cost?
Median Sold Price
$330,000
$186/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Isanti Township have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in Isanti Township was $330,000 in March 2024, up 4.8% from last year, and the median price per square foot was $186.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.5K | $175K | -21.3% |
| 2 Bedrooms | $274.9K | $295K | +7.3% |
| 3 Bedrooms | $305K | $336.4K | +10.3% |
| 4 Bedrooms | $345K | $340K | -1.4% |
| 5+ Bedrooms | $345K | $380K | +10.1% |
Summary: Isanti Township housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 21.3%, 2 bedroom homes increased by 7.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes decreased by 1.4%, and 5+ bedroom homes increased by 10.1%.
Housing Supply in Isanti Township, MN
How many homes are available in Isanti Township, MN?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 78 | 74 | -5.1% |
Summary: The Isanti Township real estate market had 74 homes for sale in March 2024, a 5.1% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 18 | 19 | +5.6% |
| 3 Bedrooms | 39 | 38 | -2.6% |
| 4 Bedrooms | 13 | 12 | -7.7% |
| 5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Isanti Township housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 5.6%, 3 bedroom homes decreased by 2.6%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 20 | 16 | -20.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
9 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Isanti Township, you could pay more than the asking price. 56.3% of homes here sold above asking price last month.
Summary: A total of 16 homes were sold or pending in Isanti Township in March 2024, down by 20.0% month-over-month. Of the 16 sold homes, 25% were sold under asking, 19% were sold at asking, and 56% were sold over asking.
Days on Market for Isanti Township, MN
How long does it take to sell a home in Isanti Township, MN?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 40 Days | 38 Days | -4.2% |
Summary: Homes in Isanti Township had an average of 38 days on market in Mar 2024, down by 4.2% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Isanti Township are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 16 homes were sold in Isanti Township; 63% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
