$2,730 Closing Credit*
$229,900
1,786 SqFt
5 Beds
•1 Full Bath
Listing Office: HOMESTEAD ROAD
Is Pine Lake Township, MN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Pine Lake Township was a Neutral Market.
Key Takeaway
Pine Lake Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Pine Lake Township, MN
How much do homes in Pine Lake Township, MN cost?
Median Sold Price
$325,000
$267/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$350,000(-51.9%)
Key Takeaway
Homes in Pine Lake Township have sold for 51.9% less than they did a month ago.
Summary: The median home sold price in Pine Lake Township was $325,000 in November 2024, down 51.9% from last month, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $65K | N/A |
| 2 Bedrooms | - | $325K | N/A |
| 3 Bedrooms | $675K | - | N/A |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Pine Lake Township housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Dell Grove Township | $335K | $300K | -10.4% |
| Finlayson | $465K | $325K | -30.1% |
| Finlayson Township | $465K | $325K | -30.1% |
| Pine Lake Township | $675K | $325K | -51.9% |
Housing Supply in Pine Lake Township, MN
How many homes are available in Pine Lake Township, MN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 7 | 7 | 0.0% |
Summary: The Pine Lake Township real estate market had 7 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 2 | 1 | -50.0% |
| 4 Bedrooms | 0 | 0 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Pine Lake Township housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Pine Lake Township, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Pine Lake Township in November 2024, up by 300.0% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Pine Lake Township, MN
How long does it take to sell a home in Pine Lake Township, MN?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 76 Days | 66 Days | -12.2% |
Summary: Homes in Pine Lake Township had an average of 66 days on market in Nov 2024, down by 12.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Pine Lake Township has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Pine Lake Township; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
