A typical Isle home is worth about $309,000
Up 3.9% in a year, 12% below the Minnesota typical home.
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Isle?
Read from the numbers below. The page puts what stands out first.
65% of Isle households own their home
Half of Isle’s homes were built before 1981.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
Up 25.6% in five years
Faster than Minnesota (14.1%).
Show as a table
| January | Isle | Minnesota |
|---|---|---|
| 2017 | $161,000 | $217,000 |
| 2018 | $172,000 | $232,000 |
| 2019 | $182,000 | $246,000 |
| 2020 | $193,000 | $259,000 |
| 2021 | $219,000 | $282,000 |
| 2022 | $253,000 | $313,000 |
| 2023 | $269,000 | $325,000 |
| 2024 | $279,000 | $331,000 |
| 2025 | $292,000 | $341,000 |
| 2026 | $300,000 | $349,000 |
| August 2026 | $309,000 | $351,000 |
A typical Isle home worth $158K in September 2016 is worth about $309K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
A typical home costs 5.6 years of income
More than across Minnesota (3.9 years). Try your own numbers below.
That’s $101K short of a typical Isle home.
A two-bedroom rents for about $990 a month here, $920 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Isle’s typical property tax (1.14% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
A two-bedroom rents for about $990
Renters already here pay a median of $791, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Mille Lacs County, MN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
1 new home permitted in 2025
Builders were permitted 1 new home in Isle in 2025. Over the past 10 years, Isle has permitted 27 homes in all.
Between the 2010 and 2020 censuses, Isle gained 52 residents while 38 new homes were permitted: about 1.4 new residents per new home. Building outpaced population growth, which usually means smaller households or homes used part of the year. 27% of Isle's homes are seasonal or vacation homes, which adds housing without adding residents. Across Minnesota: 2.2 new residents per new home.
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 1 | 1 | 0 | $367,000 |
| 2025 | 1 | 1 | 0 | $367,000 |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 2 | 2 | 0 | $400,000 |
| 2022 | 2 | 2 | 0 | $460,000 |
| 2021 | 1 | 1 | 0 | $125,000 |
| 2020 | 8 | 2 | 6 | $969,000 |
| 2019 | 7 | 7 | 0 | $640,000 |
| 2018 | 0 | 0 | 0 | — |
| 2017 | 1 | 1 | 0 | $250,000 |
| 2016 | 5 | 5 | 0 | $800,000 |
| 2015 | 6 | 6 | 0 | $970,000 |
| 2014 | 5 | 5 | 0 | $655,000 |
| 2013 | 5 | 5 | 0 | $655,000 |
| 2012 | 3 | 3 | 0 | $2.5 million |
| 2011 | 3 | 3 | 0 | $420,000 |
| 2010 | 3 | 3 | 0 | $420,000 |
| 2009 | 3 | 3 | 0 | $420,000 |
| 2008 | 3 | 3 | 0 | $483,000 |
| 2007 | 8 | 6 | 2 | $1 million |
| 2006 | 10 | 8 | 2 | $1.3 million |
| 2005 | 13 | 9 | 4 | $1.6 million |
| 2004 | 18 | 6 | 12 | $1.6 million |
| 2003 | 11 | 11 | 0 | $1.4 million |
| 2002 | 16 | 8 | 8 | $1.3 million |
| 2001 | 6 | 6 | 0 | $671,000 |
| 2000 | 16 | 16 | 0 | $1.7 million |
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
Isle vs. its neighbors
The towns that share a border with Isle. Tap one to see its housing page.
Compare more
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Isle | $309K | +3.9% | $990 | 1 | $54,773 |
| Isle Harbor | $263K* | — | $1,020 | — | $62,232 |
Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.
Neighbors talk housing
What Isle buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.