Isanti, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Isanti Neighborhoods Since 2000




Isanti, MN Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Isanti Housing Market Information

With 5,464 people, 2,170 houses or apartments, and a median cost of homes of $180,381, Isanti real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Isanti, accounting for 72.39% of the city's housing units. Other types of housing that are prevalent in Isanti include large apartment complexes or high rise apartments ( 20.59%), row houses and other attached homes ( 3.95%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 3.06%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Isanti. Owner-occupied housing accounts for 70.41% of Isanti's homes, and 57.57% have either three or four bedrooms, which is average sized relative to America.

Isanti homes and real estate are some of the newest in America. 47.58% of Isanti's housing was built since 2000, making the city have a very new look and feel. If you like the amenities of newer homes and subdivisions, then you will probably like what the Isanti real estate market has to offer. Quite a bit of the housing here was also built between 1970-1999 ( 46.47%), and before 1939 ( 3.91%). There's also some housing in Isanti built between 1940-1969 ( 2.04%).

Isanti Home Appreciation Rates

Isanti's appreciation rate notably has been below the national average for the last ten years. The average annual home appreciation rate in Isanti during the period has been just -1.71%, which is lower than 80% of US communities.

Appreciation rates are so strong in Isanti that despite a nationwide downturn in the housing market, Isanti real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Isanti appreciation rates continue to be some of the highest in America, at 11.98%, which is higher than appreciation rates in 97.41% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Isanti. Isanti appreciation rates in the latest quarter were at 1.44%, which equates to an annual appreciation rate of 5.89%.

Relative to Minnesota, our data show that Isanti's latest annual appreciation rate is higher than 90% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$180,381

Isanti, MN HOME PRICES

Value Range
> $1,270,000 0.0
$952,001 - $1,270,000 0.0
$635,001 - $952,000 0.0
$508,001 - $635,000 0.0
$381,001 - $508,000 0.7
$254,001 - $381,000 8.8
$127,001 - $254,000 77.9
$63,001 - $127,000 11.4
$0 - $63,000 1.2

Average for MN
High for Nation

Value Relative to Nation Value Relative to State
37.993671627798 49.8973305954826

Number Of Homes And Apartments:
2,170

Isanti Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
21.44% 1.13% 2 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$977 / per month

Homeownership Rate

Homeownership
Owners 70.41
Renters 29.59
Vacant 3.68

Housing Market Details

 

Age of Homes

AGE OF Isanti HOMES
2000 or Newer 47.6
1970 - 1999 46.5
1940 - 1969 2.0
1939 or Older 3.9

Types of Homes

TYPE OF Isanti HOMES
Single-Family 72.4
Townhomes 4.0
Small Apt. Buildings 3.1
Apt. Complexes 20.6
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Isanti HOMES
No Bedroom 0.84
1 Bedroom 12.56
2 Bedrooms 26.81
3 Bedrooms 32.36
4 Bedrooms 25.21
5 or more bedrooms 2.22