Property prices for sale in Pine City (Minnesota)

The prices in real estate in Pine City, in the Minnesota region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$357,415.33
Average price last 6 months
$227.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Pine City has increased during the last 6 months. In September, the average price per sq.feet was $207. In the following month the price per sq.feet increased to $226. In the following two months the price per sq.feet has increased 105 %, going from $216.5 to $228 per sq.feet. The price per sq.feet has increased 107 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $222.25 to $237 during January, and February.

Average price

Based upon to the price in Pine City (cities), these have remained the same in the last 6 months. The average price for September is $364,247. During October the price had a slight fall till $332,114. During the following two months (November, December) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $399,765 they are 29 % more affordable than the average price for Pine City. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $429,756.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $215 / sq.feet, with an average $253 / sq.feet price in Pine City. The properties with the highest average prices have 1 bedroom. They are 49 % more expensive than the average followed by properties with 2 bedrooms with a price at $305 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $399,765 it is 53 % cheaper than the average price in Pine City. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $189,486 it is 11 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $238 / sq.feet followed by "Land" priced at $78,096 / sq.feet. "Land" is the most costly type of property with a $78,096 / sq.feet cost followed by "House" with an average price of $238 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Pine City
Number of properties used in region Minnesota
$399,765
$253
668
372,984
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value