Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$261,692+5.1% YoY · prices are rising fast
Market right nowBuyer's marketMore homes for sale than last year, 26% have cut their price
Income needed to buy, per year$56,729About 0.8× the local median income ($67,872): affordable for a typical household
Days on market59 daysAbout the same pace as a year ago
The typical home in Pine County, MN is worth $261,692, up 5.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $203,193, so the area is 28.8% overvalued. It is a buyer's market: homes take about 59 days to sell, listings are up 22% from a year ago, 26% of listings have had a price cut. A household needs about $56,729 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,872. In the latest IRS figures, 295 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$261,692
Change in 1 year
+5.1%
Overvalued %
+28.8%
Show 6 more
Fair home value
$203,193
Change in 5 years
+30.7%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$1,418
Income needed to afford it
$56,729
Property tax rate
0.86%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$1,096
Market activity
Listings vs a year ago
+22.3%
Days on market
59
Listings with a price cut
25.9%
Show 3 more
Homes for sale
115
Pending sales per 100 listings
24
Asking price per sq ft
$212
People and jobs
Median household income
$67,872
Population change (1 year)
+0.2%
Unemployment rate
5.6%
Show 4 more
Population
30,472
Income adjusted for cost of living
$79,013
Net moves in (IRS)
+295
Cost of living (US = 100)
85.9
Schools, risk and environment
School rating (1 to 10)
4.7
FEMA hazard risk score (0 to 100)
62.2
Flood risk score
69.3
Show 3 more
Wildfire risk score
65.8
Walkability (1 to 20)
5.8
Road, rail and air noise
54 dB
Questions people ask
Is Pine County, MN overvalued?
Home prices in Pine County, MN are well above what local incomes have historically supported: fair value is about $203,193, so the area is 28.8% overvalued.
Is Pine County, MN a buyer's or seller's market?
Pine County, MN is a buyer's market: homes take about 59 days to sell, listings are up 22% from a year ago, 26% of listings have had a price cut.
Are home prices going down in Pine County, MN?
Home values in Pine County, MN are up 5.1% over the last year.
How much do you need to earn to buy a home in Pine County, MN?
A household needs about $56,729 a year to afford the typical home in Pine County, MN at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,872.