Zip 56474 (Pine River, MN) Housing

The city of Pine River, MN (56474) has a median housing value of $232,400, which is lower than the US median of $338,100. However, the rate of appreciation for homes in Pine River has been higher than the national level over the past year. The 1 year house appreciation in Pine River is 12.38%, which is much higher than the national average 8.27%. As a result, homeowners in Pine River are seeing their properties increase in value at a faster rate than most other areas across the country.

The median home cost in Pine River (zip 56474) is $232,400. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Pine River (zip 56474) is up 20.4%.

Average Age of Homes

- The median age of Pine River (zip 56474) real estate is 37 years old

The Rental Market in Pine River (zip 56474)

- Renters make up 13.2% of the Pine River (zip 56474) population
- 0.3% of houses and apartments in Pine River (zip 56474), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Pine River, Minnesota	United States
	2,783.0	139,647,020.0
	39	42
	$232,400	$338,100
	20.4%	16.6%
	63.7%	57.0%
	87.2%	101.1%
	$6.33	$10.98
	$1,033	$2,690
	51.8%	57.4%
	33.0%	11.2%
	15.2%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	30.1%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	2.5%	2.6%
	3.2%	2.4%
	2.7%	2.8%
	5.6%	3.9%
	7.6%	4.5%
	21.2%	11.3%
	19.5%	13.0%
	20.3%	20.1%
	5.1%	13.6%
	4.5%	8.3%
	3.7%	9.7%
	2.2%	3.9%
	0.8%	2.2%
	0.7%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	16.2%	13.6%
	16.2%	13.6%
	15.8%	13.6%
	14.9%	13.2%
	20.6%	14.8%
	15.8%	13.6%
	6.5%	10.0%
	5.5%	4.7%
	8.3%	12.2%

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