Island Lake Township Housing Market Report January 2025•Mahnomen County, Minnesota

hero building illustration for mobile

Housing Prices in Island Lake Township, MN

How much do homes in Island Lake Township, MN cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$624,499$377/SqFt

Based on all homes listed in January 2025

Insight

The list price of homes in Island Lake Township has remained the same since December.

Summary: The median home list price in Island Lake Township was $624,499 in January 2025, the same as the previous month, and the median price per square foot was $377.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Lengby
0.0%
Island Lake Township
0.0%
Popple Township
-23.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2024Jan 2025Change YoY
1--
N/A
2--
N/A
3$599K$599K
0.0%
4$649.9K$649.9K
0.0%
5--
N/A

Summary: Island Lake Township housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes did not change. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.

Housing supply in Island Lake Township, MN

How many homes are available in Island Lake Township, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
2Last MonthJan 2025
22 months agoDec 2024
0.0 %
Change MoMDec – Jan

Summary: The Island Lake Township real estate market had 2 homes for sale in Jan 2025, the same as Dec 2024

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
200
0.0%
311
0.0%
411
0.0%
500
0.0%

Summary: Island Lake Township housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes remained the same. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Island Lake Township, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price1 Home

Insight

If you're buying a home in Island Lake Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Island Lake Township in January 2025, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Island Lake Township, MN

How long does it take to sell a home in Island Lake Township, MN?

Breakdown of Home Sale Times

Under 30 Days1 Home

30 – 90 Days0 Home

Over 90 Days0 Home

Insight

Many homes in Island Lake Township are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 1 homes were sold in Island Lake Township; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
Last Month1 month agoChange MoM
121 DaysLast MonthJan 2025
105 Days1 month agoDec 2024
+14.7 %
Change MoMDec – Jan

Summary: Homes in Island Lake Township had an average listing age of 121 days in Jan 2025, up by 14.7% compared to the previous month.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Island Lake Township, MN

What homes are available in Island Lake Township, MN?

See More Listings

Nearby markets

Nearby markets aren't available for Island Lake Township, MN

Popular Cities with Homes for Sale in Minnesota

MLS Disclaimers and Copyright

Based on information from Fargo Moorhead MLS, for the period 12/01/2024 - 02/01/2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity program of the RMLS. Real estate listings other than this broker are marked with the Broker Reciprocity logo and the view of detailed information about them includes the name of the listing broker. Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All property listing data is Copyright 2001-2025 Fargo-Moorhead Area Association of REALTORS®. No reproduction, compilation, retransmission or distribution of this data is permitted in any manner without the express, written permission of the Fargo-Moorhead Area Association of REALTORS® RMLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/1/2024, 10:10:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.