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Businesses in Isle, MinnesotaPhoto: Myotus · CC BY 4.0
Housing in Isle

27 homes sold in Isle in the last year, at a typical $289K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Isle homes are listed.

Homes sold
27
June 2025 to May 2026
Typical sale price
$289K
median, weighted by sales
Price per square foot
$192
Minnesota $190
Paid vs. asking
97.7%
15% sold over asking
For sale now
8
May 2026 · 2 sold that month
What sold · last 12 months

Houses are 96% of Isle’s sales, at a typical $288K

27 homes sold in the year to May 2026.

Houses$288K

typical sale · 26 sold in 12 months

Per square foot
$192MN $191
Days to sell
71
Sold over asking
15%
Listings with a price cut
31%
Fewer sales

Multi-family (2–4 units): 1 sold, typical $310K

Too few sales in 12 months for reliable figures.

6 years of sales

More homes sell than most years, at 2.4 times the 2017 price

27 sales in the last year, against 28 in 2018 and a low of 17 in 2014. The typical sale went from $121K in 2017 to $289K.

Homes soldTypical sale price
012253750$175K$250K$325K$400K2014: 17 sold, typical $124K’142017: 18 sold, typical $121K2018: 28 sold, typical $162K’182020: 27 sold, typical $224K2022: 23 sold, typical $223K’222025: 23 sold, typical $283KLast 12 months: 27 sold, typical $289KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Isle

Houseat $192 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Isle homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 6 years of sales

Bidding wars in Isle are back to pre-pandemic levels, and more homes are for sale

We read every month of Isle’s home sales since 2014 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 27 sales.

If you’re buying in Isle

  • Shop in May. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
  • You can negotiate. 31% of listings have cut their price, against 21% before the pandemic.
  • Offer under asking. Buyers paid 97.7% of the list price on average; 15% paid over.
  • You’ll usually have time. Only 19% of homes go under contract within two weeks; the typical one takes 66 days.
Best time to buy

Spring brings the homes; summer brings the bidding wars

May has the most new listings (about 5 a month), but June is the most competitive: 27% of June sales close over asking. March has the least competition (0%) but only about 1 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 1 new listings a month, 8% sold over asking, 137 days to sellJFeb: 2 new listings a month, 25% sold over asking, 116 days to sellFMar: 1 new listings a month, 0% sold over asking, 43 days to sellMApr: 3 new listings a month, 15% sold over asking, 84 days to sellAMay: 5 new listings a month, 17% sold over asking, 55 days to sellMJun: 4 new listings a month, 27% sold over asking, 45 days to sellJJul: 4 new listings a month, 21% sold over asking, 107 days to sellJAug: 3 new listings a month, 16% sold over asking, 73 days to sellASep: 2 new listings a month, 15% sold over asking, 128 days to sellSOct: 2 new listings a month, 12% sold over asking, 101 days to sellONov: 2 new listings a month, 6% sold over asking, 84 days to sellNDec: 1 new listings a month, 10% sold over asking, 90 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Minnesota

Isle now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price15%12%32%33%
Gone within two weeksShare of homes under contract within 14 days19%21%55%42%
Listings with a price cutShare of homes for sale that cut their price31%21%29%28%
Price paid vs. askingAverage sale price ÷ list price97.7%95.1%98.3%99.2%
Days to sellMedian days from listing to contract661193135
Supply

12 homes for sale on a typical day

That’s 3 times the 2022 low (4), 16% more than in 2017–19 and well under 2014’s 19.

2014: 19 for sale’142017: 10 for sale2018: 9 for sale2020: 6 for sale’202022: 4 for sale2025: 11 for saleLast 12 months: 12 for saleNow
Room to negotiate

1 in 3 listings has cut its price

31% in the last year, against 21% in 2017–19 and 28% across Minnesota. More sellers are pricing high and coming down.

2017: 21%’172018: 19%2020: 23%2022: 45%’222025: 31%Last 12 months: 31%Now

Source: Redfin Data Center, city market tracker, January 2014 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Isle home costs about $1,782 a month

Mortgage
Property tax
Insurance
Rent

Price: Isle’s typical sale, last 12 months. Property tax at Isle’s 1.1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Isle is affordable on local pay is on Cost of living.

Before you buy in Isle

Five things worth knowing

5

New listings in May

The month with the most choice. December has the fewest, about 1.

Best time to buy
1.1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $289K home, about $3,290 a year.

Taxes vs. neighbors
31 min

Typical commute

The average one-way trip to work for people who live in Isle.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Isle, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Isle. People who follow the town see it, and so do people comparing Isle with their own town. No commission, no listing fee.

Questions about buying a home in Isle

What do homes sell for in Isle, MN?

27 homes sold in the year to May 2026 at a typical $289K, $192 a square foot.

Is Isle a buyer’s or seller’s market?

A balanced market: 8 homes were for sale in May 2026 and 2 sold, about 4 months of supply. Buyers paid 97.7% of asking on average, and 31% of listings cut their price.

When is the best time to buy in Isle?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Isle?

About 1.1% of a home’s value a year. On a $289K home that’s near $3,290.

Where can I see homes for sale in Isle?

Zillow, Redfin, Realtor.com and Homes.com all carry Isle’s MLS listings; the search links above open each one filtered to Isle.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).