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Single-family Foreclosures in Pine Island, MN 55963

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Pine Island, MN Foreclosures

How much do homes sell for in Pine Island, MN?
The average home price is currently $402,383.
In Pine Island, MN, how many homes are available?
There are currently 8 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 $1,698.
What is the most expensive home in Pine Island?
The most expensive home sold in Pine Island had a price of $2,239,743.
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 welcoming small town with strong community ties, outdoor recreational opportunities, and proximity to Rochester. Residents enjoy local parks, good schools, and a peaceful, family-oriented atmosphere. Perfect for those wanting a small-town lifestyle with easy access to city amenities.

Current Market Conditions in Pine Island, MN

The real estate market in Pine Island is currently experiencing a healthy level of activity with a trend towards increasing home values. The demand for homes has grown, primarily due to the town's desirable location and community feel. Prospective buyers are showing a preference for single-family homes with yards, and listings are moving relatively quickly, indicating a competitive market.

Home Value Estimator For Pine Island, MN

There are currently 1,929 real estate properties in Pine Island, MN, with a median automated valuation model (AVM) price of $356,010.00. 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 $402,383.00, with the most expensive house in Pine Island, MN, topping out at $2,239,743.00 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 $1,698.00. 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 55963 Single-family Homes

Market Trend for Pine Island, MN

Total Listings Available: 8

Market Values:

Home Prices from $31,587 to $2,239,743

Average Sales Price: $402,383

Rental Values:

Rental from $580 to $3,720

Average Rent Value: $1,698 / month

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