Pine Island, MN Real Estate Market Summary – September 8, 2026

In Pine Island, MN, the real estate market shows some activity with a total of 5 homes sold recently. The average sale price across all segments is $354,160, with the homes averaging approximately 1,894 square feet in size.

Metric 30 Days
Number Sold 5
Sold Per Day 1 every 6.00 days
Average SQFT 1894
Median Sales Price $379,900
Average Sales Price $354,160
Average Price Per SQFT $196
Average Days on Market 17
Average Year Built 1993

 

Pine Island, MN Single Family Home Analysis

Within the single family home segment, 4 homes have been sold, with an average sale price of $383,700. These homes have an average living area of about 1,878 square feet and were built around the year 1990 on average.

Metric 30 Days
Number Sold 4
Sold Per Day 1 every 7.50 days
Average SQFT 1878
Median Sales Price $387,450
Average Sales Price $383,700
Average Price Per SQFT $215
Average Days on Market 17
Average Year Built 1990

 

Pine Island, MN Condo & Townhome Analysis

The condo and townhome segment had 1 home sold, listed at a median price of $236,000. This home had a living area of 1,959 square feet and was constructed in 2003.

Metric 30 Days
Number Sold 1
Sold Per Day 1 every 30.00 days
Average SQFT 1959
Median Sales Price $236,000
Average Sales Price $236,000
Average Price Per SQFT $120
Average Days on Market 15
Average Year Built 2003

 

Buyer & Seller Analysis

  • Average sold homes took about 17 days to go from listing to closing
  • Condo and townhome sales occurred at a pace of 1 every 30 days
  • The average price per square foot for single family homes was $214
  • Information on sale prices is not disclosed in some cases

Conclusion

Overall, Pine Island’s real estate market displays modest activity with various price points. Potential buyers and sellers should consider the recent trends in days on market and average sale prices as they navigate their options.

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