The story of this market
The typical home in ZIP 55040 sells for about $379,899, or $217 per square foot.
Prices are up +6.82% from a year ago, so sellers still have some momentum. Homes take about 65 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,264 a month.
ZIP 55040 — Isanti
The Isanti housing market remains stable with steady price appreciation and a competitive pace of sales. Demand is driven by families seeking suburban value, though inventory remains tight, keeping upward pressure on prices.
This ZIP is ideal for family buyers and commuters seeking more space and a quieter lifestyle while remaining within reach of the Twin Cities metropolitan area.
Median prices moved up 6.8% year over year.
Homes spend a median of 65 days on market with 4.2 months of supply — a balanced-paced market.
9% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.8% · poverty 6.2% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 55040, Isanti County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Isanti are generally lower than the national average, with the area maintaining a reputation as a safe, family-oriented community within the exurban Twin Cities region.
Schools serving the area are primarily part of the Cambridge-Isanti School District, which is generally regarded as providing stable, community-focused public education.
The area faces standard Midwestern climate risks, including severe thunderstorms and winter weather, with flood risks primarily concentrated near the Rum River corridor.
Isanti has experienced steady residential growth as a bedroom community for the Twin Cities, supported by infrastructure improvements along the Highway 65 corridor.
Property taxes are assessed at the county level based on market value, with rates influenced by local school district levies and municipal service requirements.
Residents primarily commute via Highway 65, which serves as the main arterial route connecting Isanti to the northern suburbs and the Minneapolis-St. Paul employment core.
The area features significant outdoor amenities including the Rum River for water activities, various local parks, and proximity to regional trail systems.
The rental market is characterized by low vacancy pressure and rising rents, driven by limited supply and steady demand from residents seeking suburban living.
The local economy is a mix of small businesses, retail, and services, with many residents employed in the broader Twin Cities metropolitan area.
Transportation is heavily reliant on private vehicles, with Highway 65 serving as the primary transit corridor for the region.
Development is focused on managed residential expansion and the enhancement of local commercial services to support the growing population.
The Isanti County Assessor's office manages property valuations, conducting regular assessments to ensure tax equity across the county.
Parcels are subject to school district levies, county taxes, and municipal service fees typical of Minnesota townships and cities.
Property insurance premiums are influenced by regional weather patterns, with standard coverage for wind and hail being essential for homeowners.
Data retrieved from US Census Bureau ZCTA 55040 profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Provides recreational opportunities including kayaking, fishing, and scenic trails.
A central community park featuring sports fields, playgrounds, and event spaces.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.