The housing market in Isle Harbor, MN is prosperous and growing. The median value of a house in the area is $244,800, which is significantly lower than the median value across the US at $338,100. Despite this difference, the 1 year appreciation rate of houses in Isle Harbor is only slightly lower than the national rate at 7.75%, compared to 8.27%. This shows that the area has potential for long-term growth and stability when it comes to housing.
The median home cost in Isle Harbor is $244,800. Home appreciation the last 10 years has been 77.8%. Home Appreciation in Isle Harbor is up 13.6%.
Average Age of Homes
- The median age of Isle Harbor real estate is 38 years old
The Rental Market in Isle Harbor
- Renters make up 8.4% of the Isle Harbor population
- 0.0% of houses and apartments in Isle Harbor, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.