Pine Island, MN
Housing market overview · Updated weekly
$329,000median sale price
Homes sold
5
Last 12 weeks
Days on market
106
Average pace
Active listings
26
5.2 months supply
Sale-to-list
95.4%
Below asking
The Pine Island housing market is currently classified as a buyer's market with a median sale price of $329,000. Prices have risen 8.8% compared to last year, with homes spending an average of 106 days on market, indicating 5.2 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Pine Island
There are currently 26 homes listed for sale in Pine Island, Minnesota. The median listing price is $362K.
Active listings
26
Homes on market
Median list price
$362K
Avg. days on market
106
Days until sale
New this week
10
Newly listed
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Frequently asked questions
What is the average home price in Pine Island?
The median home sale price in Pine Island is $329,000, up 8.8% from last year.
How long do homes stay on market in Pine Island?
Homes typically spend 106 days on market before going under contract.
Is Pine Island a buyer's or seller's market?
With 5.2 months of supply, Pine Island is currently a buyer's market.
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