Pine Island township, MN has a housing median value of $488,600 which is substantially higher than the US median value of $338,100. This makes it an attractive place to live for those looking for more expensive homes. However, the house appreciation rate in Pine Island township over the past year has only been 6.78%, lower than the national average of 8.27%. Despite this slower appreciation rate in Pine Island township, the housing values remain high and are sure to continue rising in the near future.
The median home cost in Pine Island township is $488,600. Home appreciation the last 10 years has been 78.4%. Home Appreciation in Pine Island township is up 11.4%.
Average Age of Homes
- The median age of Pine Island township real estate is 58 years old
The Rental Market in Pine Island township
- Renters make up 10.2% of the Pine Island township population
- 0.0% of houses and apartments in Pine Island township, 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.