The housing market in Pine River, MN is booming. The median value of homes in the area is $200,500, which is significantly lower than the US median value of $338,100. However, over the past year, house appreciation in Pine River has been even higher than the national average at 12.38%, compared to 8.27% across the country. This hot housing market shows no signs of cooling off anytime soon and provides a great opportunity for those looking to invest in the area.
The median home cost in Pine River is $200,500. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Pine River is up 20.4%.
Average Age of Homes
- The median age of Pine River real estate is 44 years old
The Rental Market in Pine River
- Renters make up 41.9% of the Pine River population
- 0.0% of houses and apartments in Pine River, 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.