Pine Island, MN

Buyer's market+8.8% YoY

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

Price drops:15.4%of listings
Sale-to-list:95.4%

Explore nearby cities in MN

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.

Get Pine Island market alerts

Weekly updates on prices, inventory, and trends. Free forever.