Analytics built by:
Raw data sources: American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.
Methodology: Ä¢¹½ÊÓÆµ uses over 600 characteristics to build a neighborhood profile…
With a population of 7,370, 2,544 total housing units (homes and apartments), and a median house value of $358,247, 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 72.70% of the city's housing units. Other types of housing that are prevalent in Isanti include large apartment complexes or high rise apartments ( 18.35%), row houses and other attached homes ( 8.25%).
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 80.27% of Isanti's homes, and 49.67% 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. 55.42% 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 ( 36.92%), and before 1939 ( 4.24%). There's also some housing in Isanti built between 1940-1969 ( 3.43%).
Appreciation rates for homes in Isanti have been tracking above average for the last ten years, according to Ä¢¹½ÊÓÆµ data. The cumulative appreciation rate over the ten years has been 100.80%, which ranks in the top 40% nationwide. This equates to an annual average Isanti house appreciation rate of 7.22%.
Over the last year, Isanti appreciation rates have trailed the rest of the nation. In the last twelve months, Isanti's appreciation rate has been 0.46%, which is lower than appreciation rates in most communities in America. In the latest quarter, Ä¢¹½ÊÓÆµ's data show that house appreciation rates in Isanti were at 0.58%, which equates to an annual appreciation rate of 2.32%.
Relative to Minnesota, our data show that Isanti's latest annual appreciation rate is lower than 50% of the other cities and towns in Minnesota.
$358,247
for Minnesota
for nation
2,544
$1,825 / per month