Housing in Pine Island, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$461,900
Median List Price
$379,900
Price Per Sq Ft
$230
Days on Market
58
Active Inventory
22
Months of Supply
11.0
Buyer's market
Zillow Home Value
$362,698
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
100.0%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
101.5%
Seller's market
Market Activity
Source: RedfinHomes Sold
2
New Listings
5
Pending Sales
4
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$230
Median List $/SF
$250
Pine Island vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Pine Island is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$324,700
Median Rent
$959
Total Housing Units
1,550
Vacancy Rate
7.9%
Owner Occupied
75.5%
Renter Occupied
24.5%
Median Property Tax
$4,509
per year
Monthly Cost (w/ Mortgage)
$1,441
Housing Types
The current median sale price in Pine Island, MN is $461,900 according to Redfin data. Homes spend a median of 58 days on the market. 100.0% of homes sold above asking price. The market has 11.0 months of supply. The median price per square foot is $230. The median rent is $959 per month (Census ACS). About 75.5% of housing units are owner-occupied. The median year homes were built is 2001. There are 1,550 total housing units.