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Foreclosure Homes in Pine Island, MN

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Pine Island, MN Foreclosures

How much do homes sell for in Pine Island, MN?
The average home price is currently $420,588.
In Pine Island, MN, how many homes are available?
There are currently 16 active home listings available in Pine Island.
What’s the average rental cost in Pine Island, MN?
The average rental price in Pine Island is $1,697.
What is the most expensive home in Pine Island?
The most expensive home sold in Pine Island had a price of $2,223,497.
What is currently the cheapest priced home in Pine Island, MN?
The cheapest home for sale in Pine Island is priced at $31,587.

Living in Pine Island, MN

Pine Island, MN, is a quaint town offering a blend of rural charm and modern conveniences. With its excellent schools and strong sense of community, it’s a wonderful place for families and retirees. Just a short drive from Rochester, residents enjoy the benefits of both peaceful living and urban accessibility.

Current Market Conditions in Pine Island, MN

Pine Island's real estate market is currently experiencing consistent growth, characterized by a steady demand for homes as more people seek tranquil living environments away from city stress. Homes in the area are selling relatively quickly, indicating a competitive market.

New developments and expanding amenities have contributed to the increasing property values in Pine Island. The market remains favorable for both buyers and sellers, with a variety of options available, from historic homes to newer constructions.

Home Value Estimator For Pine Island, MN

There are currently 2,306 real estate properties in Pine Island, MN, with a median automated valuation model (AVM) price of $365,943.00. 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 Island, 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 Island, MN, is $420,588.00, with the most expensive house in Pine Island, MN, topping out at $2,223,497.00 and the cheapest home in Pine Island, MN, clocking in at $31,587.00. In other words, there’s something for every potential homebuyer or savvy investor in Pine Island, MN!

Rent Prices In Pine Island, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pine Island, MN, is on a rollercoaster ride. The average rent price in Pine Island, MN, is $1,697.00. Indeed, when looking to rent in Pine Island, MN, you can expect to pay as little as $580.00 or as much as $3,720.00, with the average rent median estimated to be $1,640.00. The good news is that finding an affordable and desirable property to rent in Pine Island, 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.

Pine Island, MN Foreclosures


Market Trend for Pine Island, MN

Total Listings Available: 16

Market Values:

Home Prices from $31,587 to $2,223,497

Average Sales Price: $420,588

Rental Values:

Rental from $580 to $3,720

Average Rent Value: $1,697 / month

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