Pine River, MN Foreclosures
Current Market Conditions in in Pine River, MN As of February 2026?
In the past month, Pine River has seen a minor uptick in home listings, which has fostered a more competitive environment among buyers. While prices have remained relatively stable, a few listings have sold quickly, showcasing the demand for affordable homes in this picturesque area. The increase in inventory suggests a potential shift in market dynamics, offering buyers a wider range of options without drastically inflating prices.
How much do homes sell for in Pine River, MN?
The average home price is currently $476,799.
What’s the average rental cost in Pine River, MN?
The average rental price in Pine River is $1,393.
What is the most expensive home in Pine River?
The most expensive home sold in Pine River had a price of $5,771,131.
What is currently the cheapest priced home in Pine River, MN?
The cheapest home for sale in Pine River is priced at $17,033.
Living in Pine River, MN
Pine River, MN, is a charming small town nestled in central Minnesota, surrounded by nature's beauty, including lakes and forests. It boasts a friendly community atmosphere, making it a great place for families and outdoor enthusiasts alike. With local amenities such as cafes and shops, residents enjoy a relaxed yet fulfilling lifestyle.
Buyer vs Seller Market in Pine River, MN
The real estate market in Pine River, MN, remains stable, catering mainly to families and retirees seeking a peaceful environment. As of this month, there has been a slight increase in housing inventory, leading to more options for potential buyers. Local housing prices have also been consistent, drawing interest from both locals and those moving from urban areas looking for a quieter lifestyle.
Interest in Pine River's real estate market has grown steadily over recent months, with several homes receiving multiple offers and closing above asking price, reflecting a competitive but healthy market. The influx of people looking for second homes or vacation spots has also contributed to this trend.
Home Value Estimator For Pine River, MN
There are currently 2,771 real estate properties
in Pine River, MN,
with a median automated valuation model (AVM) price
of $287,976.00. 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 River, 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 River, MN,
is $476,799.00, with the most expensive house
in Pine River, MN, topping out
at $5,771,131.00 and the cheapest home
in Pine River, MN,
clocking in at $17,033.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Pine River, MN!
Rent Prices
In Pine River, MN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Pine River, MN, is on
a rollercoaster ride. The
average rent price in Pine River, MN,
is $1,393.00. Indeed, when looking to rent in
Pine River, MN, you can expect to pay as little
as $460.00 or as much
as $3,260.00,
with the average rent median estimated to
be $1,350.00. The good news is that finding
an affordable and desirable property to rent in Pine River, 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.