Pine Springs, MN is an attractive area with an impressive median housing value of $534,700. This is substantially higher than the national median value at $338,100 and it is clear that Pine Springs is a desirable location to live. Fortunately for potential buyers, the appreciation rates on homes in Pine Springs have been modest over the past year at 4.70%, compared to the US average of 8.27%. This shows that although prices may be slightly higher here than other places they are not rising drastically year after year, making Pine Springs an excellent option for those looking for a stable market with strong values.
The median home cost in Pine Springs is $534,700. Home appreciation the last 10 years has been 85.8%. Home Appreciation in Pine Springs is up 9.2%.
Average Age of Homes
- The median age of Pine Springs real estate is 37 years old
The Rental Market in Pine Springs
- Renters make up 4.4% of the Pine Springs population
- 0.0% of houses and apartments in Pine Springs, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.