Pine River, MN Home Values & Market Trends

Real estate market trends reflect that there have been 75 transactions over the past year in Pine River. The median value for residential home transactions that occurred over the previous year is $221,183.55. The number of current listings in Pine River is 8, and the percentage of properties for sale in the city is 8.00%. Pine River, MN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 8 properties for sale.

Pine River, MN Real Estate Market Overview

ZipMedian Est. Value
56474

$ 295,272

$ 186/sqft

Housing Market Summary for Pine River, MN

Apr 2023March 2024Change
Median Listing Price$275K$198.5K-27.81%
Median Sold Price$191.1K$198.5K3.89%
Homes For Sale36100.00%
Homes Sold3232-
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Pine River, MN

Pine River home values range from $18,958 to $3,512,783. The median estimated value of a home in Pine River is $221,183.55. The median list price of a home is 319,450, and the total count of properties in the city is 1,696.

Foreclosure
There is 1 zips within Pine River, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $181,795 in 56474 to the lowest value of $181,795 in 56474. Foreclosure homes account for 0.00% of properties in Pine River, MN with 56474 containing 1 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Pine River, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Pine River, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Pine River, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Pine River, MN. There is 1 zips within Pine River, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    56474 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Pine River, MN. Auction homes and other auction properties account for 0.06% of all properties in Pine River, MN. There is 1 zips within Pine River, MN; of that zips, the median estimated home value for homes going to auction ranges from $181,795 in 56474 to the lowest value of $181,795 in 56474.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.47% of residential properties in Pine River, MN with 56474 containing 8 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Pine River, MN; homes for sale in that zips, have a range of median values from $849,900 in 56474 to the lowest value of $128,526 in 56474.
    Sold Homes
    The median value for recently sold homes ranges from $530,910 in 56474 to the lowest price of $82,626 in 56474. There is 1 zips within Pine River, MN. 56474 has 27 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.59% of properties in Pine River, MN.

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      Guide for Pine River, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Investment Financing
      A Guide to Foreclosure Financing and Refinancing
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      A Guide to Foreclosure Financing and Refinancing
      Investment Financing|posted 17 April 2024

      Information on foreclosure financing, refinancing, and foreclosure mortgages.

      Recently Listed Homes Pine River, MN

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