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ISLE, MN 56342

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ISLE, MN real estate market (56342) currently shows 22 active listings, with 5 pending sales. Homes are averaging 163 days on the market before going under contract.

Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.

Homes are selling faster, averaging 163 days on market compared to 195 days last year.

The median listing price has fallen 7.8% year-over-year, from $499,900 to $461,000.

Whether you are buying or selling in ISLE, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 2,692  ·  Density: 5.4/mi²  ·  Median household income: $58,750

Typical home value: $219,329  ·  Homeownership: 86.2%

Market Overview

Active Listings
22
⇧ 22.2% vs 18 last year
Pending
5
23% pending ratio
Median Price
$461,000
⇩ 7.8% vs $499,900 last year
Average Price
$521,923
⇩ 1.5% vs $530,000 last year
Days on Market
163
⇩ 16.4% vs 195 days last year

Price Per Square Foot

Median $/sqft
$290
⇧ 14.2% vs $254/sqft last year
Median Home Size
1,572 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 22 this year vs 18 last year
  • Days on market: 163 now vs 195 last year

Median & Average Pricing

Year over Year
  • Median: $461,000 (-7.8% YoY)
  • Average: $521,923 (-1.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.1 miles — 163 listings ($77,246,405 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56342Isle, MN 563420.0 mi17$8,551,221$345,500$503,013
56350McGrath, MN 5635011.8 mi1$499,000$499,000$499,000
55051Mora, MN 5505117.3 mi19$7,647,348$362,975$402,492
55007Brook Park, MN 5500719.8 mi6$1,999,902$339,000$333,317
56431Aitkin, MN 5643123.6 mi22$14,149,322$406,225$643,151
55036Henriette, MN 5503625.5 mi1$190,000$190,000$190,000
55795Willow River, MN 5579527.0 mi5$824,875$164,975$164,975
55030Grasston, MN 5503027.6 mi3$1,799,700$599,900$599,900
56353Milaca, MN 5635328.8 mi26$10,086,362$332,725$387,937
55760Mcgregor, MN 5576031.2 mi16$9,960,528$612,400$622,533
55757Kettle River, MN 5575732.0 mi3$1,553,901$599,900$517,967
56364Pierz, MN 5636433.9 mi5$2,528,665$502,400$505,733
55063Pine City, MN 5506334.1 mi39$17,455,581$380,725$447,579

Frequently Asked Questions

How many homes are for sale in ISLE, MN 56342?

As of March 2026, there are 22 active listings in ISLE, MN (zip code 56342), compared to 18 the prior year.

What is the median home price in ISLE, MN 56342?

The median listing price in ISLE, MN 56342 is $461,000 as of March 2026, a 7.8% decrease from $499,900 the prior year.

How long do homes stay on the market in ISLE, MN?

Homes in ISLE, MN 56342 spend an average of 163 days on the market before going under contract, compared to 195 days the prior year.

Is it a seller's or buyer's market in ISLE, MN 56342?

Based on current inventory and days-on-market data as of March 2026, ISLE, MN 56342 is currently a Balanced Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are selling faster, averaging 163 days on market compared to 195 days last year.

How much can I save on real estate commission in ISLE, MN?

With SELL123.com's maximum 3% commission, sellers in ISLE, MN 56342 save an estimated $9,220 compared to a typical 5% commission on the median listing price of $461,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.