Pine City, MN Foreclosures
How much do homes sell for in Pine City, MN?
The average home price is currently $332,149.
In Pine City, MN, how many homes are available?
There are currently 24 active home listings available in Pine City.
What’s the average rental cost in Pine City, MN?
The average rental price in Pine City is $1,470.
What is the most expensive home in Pine City?
The most expensive home sold in Pine City had a price of $4,289,931.
What is currently the cheapest priced home in Pine City, MN?
The cheapest home for sale in Pine City is priced at $18,670.
Living in Pine City, MN
Pine City, Minnesota, is a serene small town renowned for its beautiful outdoor landscapes and friendly community atmosphere. Residents enjoy an array of recreational activities, including fishing, hiking, and boating along the Snake River. With quality schools and proximity to the Twin Cities, Pine City offers a balanced lifestyle between rural tranquility and urban convenience.
Current Market Conditions in Pine City, MN
The real estate market in Pine City has shown steady growth, with an increase in home values over the past year. Buyers are attracted to the area's affordability and its appeal for outdoor activities. As more families look to settle in quieter, scenic locations post-pandemic, Pine City has seen a significant uptick in home sales, particularly in single-family homes. The average days on market has decreased, indicating a competitive atmosphere for homes.
In the last month, there has been an increased interest in Pine City real estate, with more listings coming onto the market. This influx has created a balanced market, where buyers still have a variety of options without overwhelming pressure. Homes in good condition are receiving multiple offers, particularly those near the water or within close proximity to parks. This trend is expected to continue as more people discover Pine City as an ideal place to live.
Home Value Estimator For Pine City, MN
There are currently 4,450 real estate properties
in Pine City, MN,
with a median automated valuation model (AVM) price
of $294,221.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Pine City, MN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Pine City, MN,
is $332,149.00, with the most expensive house
in Pine City, MN, topping out
at $4,289,931.00 and the cheapest home
in Pine City, MN,
clocking in at $18,670.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pine City, MN!
Rent Prices
In Pine City, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pine City, MN, is on
a rollercoaster ride. The
average rent price in Pine City, MN,
is $1,470.00. Indeed, when looking to rent in
Pine City, MN, you can expect to pay as little
as $580.00 or as much
as $2,860.00,
with the average rent median estimated to
be $1,430.00. The good news is that finding
an affordable and desirable property to rent in Pine City, MN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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