Is Chisago County, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Chisago County was a Seller's Market.
Key Takeaway
Chisago County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Chisago County, MN
How much do homes in Chisago County, MN cost?
Median Sold Price
$357,245
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Chisago County have sold for 2.4% more than they did a year ago.
Summary: The median home sold price in Chisago County was $357,245 in April 2024, up 2.4% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $196K | $270K | +37.8% |
| 2 Bedrooms | $299.9K | $310K | +3.4% |
| 3 Bedrooms | $345K | $349.3K | +1.2% |
| 4 Bedrooms | $390.5K | $405K | +3.7% |
| 5+ Bedrooms | $415K | $478K | +15.2% |
Summary: Chisago County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 37.8%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes increased by 15.2%.
Median Sold Price Compared To Nearby Counties
| Polk County | $275K | $301.3K | +9.6% |
| Chisago County | $348.9K | $357.2K | +2.4% |
| Isanti County | $312.6K | $315K | +0.7% |
| Washington County | $413.6K | $410.3K | -0.8% |
| Burnett County | $280K | $274.9K | -1.8% |
Housing Supply in Chisago County, MN
How many homes are available in Chisago County, MN?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 258 | 329 | +27.5% |
Summary: The Chisago County real estate market had 329 homes for sale in April 2024, a 27.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 2 | +100.0% |
| 2 Bedrooms | 52 | 56 | +7.7% |
| 3 Bedrooms | 116 | 147 | +26.7% |
| 4 Bedrooms | 70 | 98 | +40.0% |
| 5+ Bedrooms | 20 | 26 | +30.0% |
Summary: The Chisago County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 26.7%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 30%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 55 | 47 | -14.5% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
24 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Chisago County, you could pay more than the asking price. 51.1% of homes here sold above asking price last month.
Summary: A total of 47 homes were sold or pending in Chisago County in April 2024, down by 14.5% month-over-month. Of the 47 sold homes, 34% were sold under asking, 15% were sold at asking, and 51% were sold over asking.
Days on Market for Chisago County, MN
How long does it take to sell a home in Chisago County, MN?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 27 Days | -29.3% |
Summary: Homes in Chisago County had an average of 27 days on market in Apr 2024, down by 29.3% compared to last year.
Breakdown of Home Sale Times
31 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Chisago County are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 47 homes were sold in Chisago County; 66% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 6% of homes were sold over 90 days.
