Guest, Sign inJoin

Post to Pine River Township

We’ll email a one-tap link to publish your post. No password, and nothing is public until you click it.
Already a member? Sign in
Pine River DepotPhoto: McGhiever · CC BY-SA 4.0
Housing in Pine River Township

54 homes sold in Pine River Township in the last year, at a typical $320K

Redfin reports Pine River Township’s sales by ZIP code, so these figures are for ZIP 56435, which takes in Pine River Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Pine River Township homes are listed.

Homes for sale in Pine River TownshipZillowRealtor.comMore places to look ↓
Homes sold
54
ZIP 56435 · June 2025 to May 2026
Typical sale price
$320K
median, weighted by sales
Price per square foot
$190
Minnesota $190
Paid vs. asking
97.6%
27% sold over asking
For sale now
11
May 2026 · 3 sold that month
What sold · last 12 months · ZIP 56435

Houses are 98% of Pine River Township’s sales, at a typical $326K

54 homes sold in the year to May 2026.

Houses$326K

typical sale · 53 sold in 12 months

Per square foot
$188MN $191
Days to sell
64
Sold over asking
27%
14 years of sales

About as many homes sell as usual, at 2.3 times the 2016 price

54 sales in the last year, against 68 in 2020 and a low of 38 in 2015. The typical sale went from $140K in 2016 to $320K.

Homes soldTypical sale price
0255075100$175K$250K$325K$400K2012: 47 sold, typical $133K’122013: 45 sold, typical $129K2014: 58 sold, typical $125K’142015: 38 sold, typical $134K2016: 64 sold, typical $140K’162017: 62 sold, typical $150K2018: 67 sold, typical $146K’182019: 59 sold, typical $171K2020: 68 sold, typical $203K’202021: 54 sold, typical $247K2022: 52 sold, typical $236K’222023: 40 sold, typical $261K2024: 48 sold, typical $272K’242025: 53 sold, typical $314KLast 12 months: 54 sold, typical $320KNow

Source: Redfin Data Center, MLS sales; for ZIP 56435, which takes in Pine River Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $300K buys in Pine River Township

Houseat $188 a sq ft
The same money in Minnesotaat $191 a sq ft

Is this asking price fair?

Check a listing against what Pine River Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Pine River Township are more common than before the pandemic, but half fewer homes come up for sale

We read every month of home sales in ZIP 56435 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 54 sales.

If you’re buying in Pine River Township

  • Shop in May. It brings about 8 new listings a month, close to the busiest month, with fewer bidding wars (18% over asking).
  • Offer under asking. Buyers paid 97.6% of the list price on average; 27% paid over.
  • You’ll usually have time. Only 36% of homes go under contract within two weeks; the typical one takes 66 days.
Best time to buy

Summer brings the homes; winter brings the bidding wars

July has the most new listings (about 9 a month), but February is the most competitive: 27% of February sales close over asking. May and June offer nearly as much choice with fewer homes bid up (18%). May has the least competition (18%).

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 2 new listings a month, 24% sold over asking, 75 days to sellJFeb: 3 new listings a month, 27% sold over asking, 75 days to sellFMar: 4 new listings a month, 26% sold over asking, 83 days to sellMApr: 6 new listings a month, 25% sold over asking, 94 days to sellAMay: 8 new listings a month, 18% sold over asking, 99 days to sellMJun: 9 new listings a month, 20% sold over asking, 82 days to sellJJul: 9 new listings a month, 19% sold over asking, 61 days to sellJAug: 8 new listings a month, 22% sold over asking, 49 days to sellASep: 8 new listings a month, 22% sold over asking, 48 days to sellSOct: 6 new listings a month, 24% sold over asking, 48 days to sellONov: 5 new listings a month, 24% sold over asking, 50 days to sellNDec: 3 new listings a month, 24% sold over asking, 63 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and calmer than Minnesota

Pine River Township now2017–192021 peakMN now
Sold over askingShare of sales that closed above the list price27%15%40%33%
Gone within two weeksShare of homes under contract within 14 days36%26%56%42%
Listings with a price cutShare of homes for sale that cut their price———28%
Price paid vs. askingAverage sale price ÷ list price97.6%96.1%100.8%99.2%
Days to sellMedian days from listing to contract66742035
Supply

16 homes for sale on a typical day

That’s 3.5 times the 2021 low (5), 52% fewer than in 2017–19 and well under 2013’s 48.

2012: 47 for sale’122013: 48 for sale2014: 44 for sale2015: 41 for sale’152016: 37 for sale2017: 39 for sale2018: 33 for sale’182019: 29 for sale2020: 14 for sale2021: 5 for sale’212022: 9 for sale2023: 11 for sale2024: 13 for sale’242025: 17 for saleLast 12 months: 16 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 56435, which takes in Pine River Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Pine River Township home costs about $1,819 a month

Mortgage
Property tax
Insurance
Rent

Price: Pine River Township’s typical sale, last 12 months. Property tax at Pine River Township’s 0.6% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Pine River Township is affordable on local pay is on Cost of living.

Before you buy in Pine River Township

Six things worth knowing

9

New listings in July

The month with the most choice. January has the fewest, about 2.

Best time to buy
0.6%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $320K home, about $1,800 a year.

Taxes vs. neighbors
C+

Schools

The schools grade for Pine River Township, from test results, graduation and how much students grow.

Schools in Pine River Township
21 min

Typical commute

The average one-way trip to work for people who live in Pine River Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Pine River sells for less a square foot; Pequot Lakes, Crosslake, Lake Shore and Nisswa for far more

The busier markets within 25 miles of Pine River Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Crosslake85$660K$34914%71
Breezy Point84$397K$22717%39
Nisswa62$629K$32024%54
Pine River Township (ZIP 56435)54$320K$19027%66
Pequot Lakes53$423K$27125%57
Lake Shore39$968K$38923%68
Pine River31$239K$16123%43

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Pine River Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Pine River Township. People who follow the town see it, and so do people comparing Pine River Township with their own town. No commission, no listing fee.

Questions about buying a home in Pine River Township

What do homes sell for in Pine River Township, MN?

54 homes sold in the year to May 2026 at a typical $320K, $190 a square foot.

Is Pine River Township a buyer’s or seller’s market?

A seller’s market: 11 homes were for sale in May 2026 and 3 sold, about 3.7 months of supply. Buyers paid 97.6% of asking on average.

When is the best time to buy in Pine River Township?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Pine River Township?

About 0.6% of a home’s value a year. On a $320K home that’s near $1,800.

Where can I see homes for sale in Pine River Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Pine River Township’s MLS listings; the search links above open each one filtered to Pine River Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 56435, which takes in Pine River Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).