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Preforeclosure Homes in Pine River, MN

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Pine River, MN Foreclosures

How much do homes sell for in Pine River, MN?
The average home price is currently $476,975.
In Pine River, MN, how many homes are available?
There are currently 3 active home listings available in Pine River.
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 $5,823,921.
What is currently the cheapest priced home in Pine River, MN?
The cheapest home for sale in Pine River is priced at $17,051.

Living in Pine River, MN

Pine River is a charming small town nestled in central Minnesota, known for its beautiful natural surroundings and serene atmosphere. It boasts a close-knit community, excellent recreational opportunities, and is the gateway to a myriad of lakes and forests. With a rich history and an inviting ambiance, Pine River is perfect for those seeking a peaceful lifestyle with easy access to outdoor activities.

Current Market Conditions in Pine River, MN

The real estate market in Pine River has been bustling, reflecting a growing interest in rural living. With an increase in demand for single-family homes, buyers looking for a place with ample outdoor space and a slower pace of life are drawn to the town. Recent years have seen a steady rise in property values, driven by both local residents and out-of-state buyers seeking vacation homes or retirement properties.

Inventory remains tight, which means that homes are selling quickly when they hit the market, often at prices slightly above asking. The popularity of the area is marked by an upswing in renovations and new constructions, indicating a bullish sentiment among investors and developers alike.

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 $288,235.00. 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 $476,975.00, with the most expensive house in Pine River, MN, topping out at $5,823,921.00 and the cheapest home in Pine River, MN, clocking in at $17,051.00. 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.

Pine River, MN Preforeclosure Homes


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