Isle, MN Foreclosures
How much do homes sell for in Isle, MN?
The average home price is currently $331,846.
In Isle, MN, how many homes are available?
There are currently 7 active home listings available in Isle.
What’s the average rental cost in Isle, MN?
The average rental price in Isle is $1,385.
What is the most expensive home in Isle?
The most expensive home sold in Isle had a price of $1,733,000.
What is currently the cheapest priced home in Isle, MN?
The cheapest home for sale in Isle is priced at $13,976.
Living in Isle, MN
Isle is a charming small town located in Mille Lacs County, Minnesota. Known for its lakes and outdoor recreational activities, Isle offers a tight-knit community atmosphere complemented by local shops and dining options. Its proximity to Mille Lacs Lake makes it a popular destination for fishing, boating, and summer activities.
Current Market Conditions in Isle, MN
The real estate market in Isle, MN is currently experiencing a steady increase in demand, particularly for properties near the lake. Given the area's natural attractions and recreational amenities, many buyers are looking for vacation homes or permanent residences. The market is characterized by a diverse range of properties, catering to various budgets, from modest cabins to larger family homes.
In the past month, housing inventory has ranged from affordable lakeside cabins to more substantial homes, signaling a healthy interest among buyers seeking second homes or primary residences. However, like many places, the availability of homes has become more constrained, leading to competitive offers. Buyers are encouraged to act quickly to secure properties in this desirable area.
Home Value Estimator For Isle, MN
There are currently 2,270 real estate properties
in Isle, MN,
with a median automated valuation model (AVM) price
of $296,522.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Isle, 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 Isle, MN,
is $331,846.00, with the most expensive house
in Isle, MN, topping out
at $1,733,000.00 and the cheapest home
in Isle, MN,
clocking in at $13,976.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Isle, MN!
Rent Prices
In Isle, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Isle, MN, is on
a rollercoaster ride. The
average rent price in Isle, MN,
is $1,385.00. Indeed, when looking to rent in
Isle, MN, you can expect to pay as little
as $500.00 or as much
as $3,200.00,
with the average rent median estimated to
be $1,410.00. The good news is that finding
an affordable and desirable property to rent in Isle, 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.
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