Isabella, MN Foreclosures
How much do homes sell for in Isabella, MN?
The average home price is currently $237,210.
What’s the average rental cost in Isabella, MN?
The average rental price in Isabella is $1,181.
What is the most expensive home in Isabella?
The most expensive home sold in Isabella had a price of $1,647,954.
What is currently the cheapest priced home in Isabella, MN?
The cheapest home for sale in Isabella is priced at $15,716.
Living in Isabella, MN
Isabella, MN, is a peaceful community surrounded by natural beauty, ideal for outdoor activities such as hiking, fishing, and snowmobiling. The area fosters a close-knit atmosphere, encouraging a supportive lifestyle among neighbors. Embraced by Superior National Forest, Isabella offers both charm and adventure.
Current Market Conditions in Isabella, MN
The real estate market in Isabella, MN, has shown moderate activity over the past year, with a good balance between supply and demand. Home prices have increased slightly as interest in rural properties rises, particularly among buyers looking for vacation homes and seasonal retreats. Limited inventory coupled with the area's natural attractions continues to draw attention from prospective buyers.
In recent months, the housing market appears to stabilize, as the number of homes for sale has seen a slight increase, offering more options for buyers without causing dramatic price fluctuations. This stability may promote more cautious investment in the area as buyers evaluate long-term value.
Home Value Estimator For Isabella, MN
There are currently 380 real estate properties
in Isabella, MN,
with a median automated valuation model (AVM) price
of $201,043.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Isabella, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Isabella, MN,
is $237,210.00, with the most expensive house
in Isabella, MN, topping out
at $1,647,954.00 and the cheapest home
in Isabella, MN,
clocking in at $15,716.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Isabella, MN!
Rent Prices
In Isabella, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Isabella, MN, is on
a rollercoaster ride. The
average rent price in Isabella, MN,
is $1,181.00. Indeed, when looking to rent in
Isabella, MN, you can expect to pay as little
as $520.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Isabella, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.