Photo: McGhiever · CC BY-SA 4.031 homes sold in Pine River in the last year, at a typical $239K
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 homes are listed.
Every place Pine River homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Pine River.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 84% of Pine River’s sales, at a typical $249K
31 homes sold in the year to May 2026.
typical sale · 26 sold in 12 months
- Per square foot
- $161MN $191
- Days to sell
- 42
- Sold over asking
- 23%
- Listings with a price cut
- 22%
Townhouses: 2 sold, typical $172K
Condos: 3 sold, typical $144K
Too few sales in 12 months for reliable figures.
About as many homes sell as usual, at 1.9 times the 2016 price
31 sales in the last year, against 42 in 2020 and a low of 22 in 2024. The typical sale went from $129K in 2016 to $239K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $250K buys in Pine River
Check a listing against what Pine River 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.
Bidding wars in Pine River are more common than before the pandemic, but a third fewer homes come up for sale
We read every month of Pine River’s home sales 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, 31 sales.
If you’re buying in Pine River
- Shop in April. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Some room to negotiate. 19% of listings cut their price, about as many as before the pandemic.
- Offer under asking. Buyers paid 98% of the list price on average; 23% paid over.
- You’ll usually have time. Only 31% of homes go under contract within two weeks; the typical one takes 43 days.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 6 a month), but August is the most competitive: 36% of August sales close over asking. April offers nearly as much choice with fewer homes bid up (14%). March has the least competition (0%) but only about 3 new listings.
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Minnesota
| Pine River now | 2017–19 | 2021 peak | MN now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 23% | 14% | 37% | 33% |
| Gone within two weeksShare of homes under contract within 14 days | 31% | 30% | 45% | 42% |
| Listings with a price cutShare of homes for sale that cut their price | 19% | 20% | 22% | 28% |
| Price paid vs. askingAverage sale price ÷ list price | 98% | 94.7% | 99.4% | 99.2% |
| Days to sellMedian days from listing to contract | 43 | 62 | 48 | 35 |
7 homes for sale on a typical day
That’s 2.8 times the 2022 low (3), 30% fewer than in 2017–19 and well under 2014’s 23.
1 in 5 listings has cut its price
19% in the last year, against 20% in 2017–19 and 28% across Minnesota.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Pine River home costs about $1,428 a month
Price: Pine River’s typical sale, last 12 months. Property tax at Pine River’s 0.9% (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 is affordable on local pay is on Cost of living.
Five things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 1.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $239K home, about $2,180 a year.
Taxes vs. neighborsTypical commute
The average one-way trip to work for people who live in Pine River.
Work & commuteCheck 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 hazardsLook 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.
No busy market nearby sells for less a square foot; Pequot Lakes, Breezy Point, Crosslake, Lake Shore, Nisswa and Emily for far more
The busier markets within 25 miles of Pine River, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Crosslake | 85 | $660K | $349 | 14% | 71 |
| Breezy Point | 84 | $397K | $227 | 17% | 39 |
| Nisswa | 62 | $629K | $320 | 24% | 54 |
| Pequot Lakes | 53 | $423K | $271 | 25% | 57 |
| Lake Shore | 39 | $968K | $389 | 23% | 68 |
| Pine River | 31 | $239K | $161 | 23% | 43 |
| Emily | 24 | $422K | $240 | 33% | 35 |
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.
Post your home to Pine River, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Pine River. People who follow the town see it, and so do people comparing Pine River with their own town. No commission, no listing fee.
Questions about buying a home in Pine River
What do homes sell for in Pine River, MN?
31 homes sold in the year to May 2026 at a typical $239K, $161 a square foot.
Is Pine River a buyer’s or seller’s market?
A seller’s market: 7 homes were for sale in May 2026 and 4 sold, about 1.8 months of supply. Buyers paid 98% of asking on average, and 19% of listings cut their price.
When is the best time to buy in Pine River?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Pine River?
About 0.9% of a home’s value a year. On a $239K home that’s near $2,180.
Where can I see homes for sale in Pine River?
Zillow, Redfin, Realtor.com and Homes.com all carry Pine River’s MLS listings; the search links above open each one filtered to Pine River.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).