Coming soon
$3,086 Closing Credit¹
Listing Office: Coldwell Banker Realty
Pine River Housing Market Report December 2024•Cass County, Minnesota
Housing Prices in Pine River, MN
How much do homes in Pine River, MN cost?
Housing Market Conditions
Is Pine River, MN a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Pine River is a Seller's Market
Difference Since November 2024
Last month, Pine River has remained a Seller's Market.
Insight
Pine River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$349,450$209/SqFt
+$124,450
+55.3%
Based on all homes sold in December 2024
Insight
Homes in Pine River have sold for 55.3% more than they did a month ago.
Summary: The median home sold price in Pine River was $349,450 in December 2024, up 55.3% from last month, and the median price per square foot was $209.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Wilson Township | $225K | $359.9K | +60.0% |
| Pine River | $225K | $349.4K | +55.3% |
| Pine River Township | $300K | $349.4K | +16.5% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $225K | $359.9K | +60.0% |
| 33 Bedrooms | $203K | $250K | +23.2% |
| 44 Bedrooms | - | $512K | N/A |
| 55+ Bedrooms | $775K | - | N/A |
Summary: Pine River housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +60.0%. The home price for 3 bedroom homes increased by +23.2%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Pine River, MN
How many homes are available in Pine River, MN?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 17Last MonthDec 2024 | ||
| 212 months agoNov 2024 | -19.0 % Change MoMNov – Dec |
Summary: The Pine River real estate market had 17 homes for sale in Dec 2024, a 19.0 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthDec 2024 | ||
| 72 months agoNov 2024 | -14.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 1 | +100.0% |
| 22 Bedrooms | 7 | 4 | -42.9% |
| 33 Bedrooms | 6 | 3 | -50.0% |
| 44 Bedrooms | 3 | 5 | +66.7% |
| 55+ Bedrooms | 5 | 4 | -20.0% |
Summary: Pine River housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +100.0%. The inventory for 2 bedroom homes decreased by -42.9%. The inventory for 3 bedroom homes decreased by -50.0%. The inventory for 4 bedroom homes increased by +66.7%. The inventory for 5 bedroom homes decreased by -20.0%.
Asking Price vs. Sold Price
How much do homes in Pine River, MN cost?
Over Asking Price3 Homes
At Asking Price3 Homes
Under Asking Price0 Home
Insight
If you're buying a home in Pine River, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 6 homes were sold or pending in Pine River in December 2024, down by 14.3% month-over-month. Of the 6 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.
Days on Market for Pine River, MN
How long does it take to sell a home in Pine River, MN?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days3 Homes
Insight
Most homes in Pine River are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 6 homes were sold in Pine River; 33% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.
Average Sale Time
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 79 DaysLast MonthDec 2024 | ||
| 34 Days1 month agoNov 2024 | +129.5 % Change MoMNov – Dec |
Summary: Homes in Pine River had an average listing age of 79 days in Dec 2024, up by 129.5% compared to the previous month.
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Newest Listings in Pine River, MN
What homes are available in Pine River, MN?
New - 16 hours on Rocket
$2,374 Closing Credit¹
Listing Office: Coldwell Banker Realty
Listing Office: Keller Williams Classic Rlty NW
$6,530 Closing Credit¹
Listing Office: Heartland Real Estate
$1,894 Closing Credit¹
Listing Office: Heartland Real Estate
Listing Office: Realty Group LLC
$4,583 Closing Credit¹
Listing Office: Heartland Real Estate
$7,124 Closing Credit¹
Listing Office: Real Broker, LLC
Video tour
$4,726 Closing Credit¹
Listing Office: North Pointe Realty Advantage
Listing Office: Positive Realty
Listing Office: Coldwell Banker Realty
Listing Office: Kurilla Real Estate LTD
Nearby markets
Nearby markets aren't available for Pine River, MN
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Based on information from NorthStar of Minnesota / Regional Multiple Listing Service of Minnesota Inc., for the period 11/01/2024 - 01/01/2025
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Last updated on: 1/30/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.