Isanti, MN
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Isanti Neighborhoods Since 2000




Isanti, MN Real Estate Data


Isanti Housing Market Information

With a population of 5,464, 2,251 total housing units (homes and apartments), and a median house value of $173,040, Isanti real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Isanti, accounting for 68.83% of the city's housing units. Other types of housing that are prevalent in Isanti include large apartment complexes or high rise apartments ( 24.73%), row houses and other attached homes ( 3.80%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 2.64%).

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 69.82% of Isanti's homes, and 53.65% 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. 53.18% 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 ( 38.46%), and before 1939 ( 4.48%). There's also some housing in Isanti built between 1940-1969 ( 3.88%).

Isanti Home Appreciation Rates

Homes have actually lost value in Isanti over the last then years, as home values have seen a decline of 24.41% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Isanti home appreciation rates at 2.70%, which equates to an annual appreciation rate of 11.26%.

NeighborhoodScout's data show that during the latest twelve months, Isanti's appreciation rate, at 4.44%, has been at or slightly above the national average. In the latest quarter, Isanti's appreciation rate has been 2.70%, which annualizes to a rate of 11.26%.

Importantly, this makes Isanti one of the highest appreciating communities in the nation for the latest quarter, and may signal the city's near-future real estate investment strength.

Relative to Minnesota, our data show that Isanti's latest annual appreciation rate is lower than 70% of the other cities and towns in Minnesota.

Average Home Values

 

Median Home Value:
$173,040

Isanti, MN HOME PRICES

Value Range
> $1,188,000 0.0
$891,001 - $1,188,000 0.0
$594,001 - $891,000 0.0
$475,001 - $594,000 0.0
$356,001 - $475,000 4.4
$237,001 - $356,000 9.7
$119,001 - $237,000 71.5
$59,001 - $119,000 13.2
$0 - $59,000 1.2

Average for MN
Average for Nation

Value Relative to Nation Value Relative to State
41.5763892955437 56.4681724845996

Number Of Homes And Apartments:
2,251

Rent & Ownership

 

Average Market Rent:
$928 / per month

Homeownership Rate

Homeownership
Owners 69.82
Renters 30.18
Vacant 4.01

Housing Market Details

 

Age of Homes

AGE OF Isanti HOMES
2000 or Newer 53.2
1970 - 1999 38.5
1940 - 1969 3.9
1939 or Older 4.5

Types of Homes

TYPE OF Isanti HOMES
Single-Family 68.8
Townhomes 3.8
Small Apt. Buildings 2.6
Apt. Complexes 24.7
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Isanti HOMES
No Bedroom 0.00
1 Bedroom 13.94
2 Bedrooms 30.53
3 Bedrooms 35.22
4 Bedrooms 18.42
5 or more bedrooms 1.88

Isanti Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
MN*
Compared To
America*
Latest Quarter:
2016 Q2 - 2016 Q3
Last 12 Months:
2015 Q4 - 2016 Q3
Last 2 Years:
2014 Q4 - 2016 Q3
Last 5 Years:
2011 Q4 - 2016 Q3
Last 10 Years:
2006 Q4 - 2016 Q3
Since 2000:
2000 Q1 - 2016 Q3
12.44% 0.69% 1 1
* 10 is highest