The story of this market
The typical home in Pine County, Minnesota sells for about $239,300, or $158 per square foot.
Prices are up +3.2% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. Over the long run, values in this county have grown 96% since 2000. Last year 5 of 8 neighborhoods saw prices rise, so the story isn't the same street to street. The biggest natural hazard here is cold wave, which FEMA rates very high. HUD's fair market rent for a two-bedroom is $1,096 a month.
HUD sets the fair market rent for a 2-bedroom at $1,096 a month. FEMA's National Risk Index rates overall hazard risk here as Relatively Moderate.
Price climate
Every year of price change, 2000–2025
+3.9%
2025
Each stripe is one year's median price change across the area's census tracts (FHFA repeat-sales index). Deep blue is a strong gain year, red a falling year. Best: 2021 (+13.7%). Worst: 2011 (-9.2%). Hover to read a year.
Monthly price momentum
Home values since 2015
+1.5%
MN · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Rent benchmark
Fair market rent by size
$1,306
3-bed / month
HUD Fair Market Rents, fiscal 2027, for this county. A typical rent for a modest unit, used to set housing-voucher payments.
Neighborhood price trend
Long-run price trend, 2000–2025
+3.9%
2025 change
FHFA repeat-sales index, median of 8 census tracts in this county (2000 = 100). Bars are each year's median change.
Natural hazard exposure
The area's risk shape
75
Relatively Moderate
FEMA National Risk Index. Each spoke is a hazard ranked nationally, where 100 is the most exposed. Expected annual loss: $21,543,722.
Mortgage activity
Home lending in this county
74.8%
2018 approval rate
| Year | Applications | Loans made | Approval | Investor share | Median home value |
|---|---|---|---|---|---|
| 2018 | 1614 | 870 | 74.8% | 5.3% | $175,000 |
CFPB Home Mortgage Disclosure Act records: every mortgage application reported by lenders for homes in this county. Approval rate is approved ÷ decided (withdrawn and incomplete files excluded). Investor share and home value are the median census tract.
Pine County, Minnesota
The Pine County housing market is characterized by steady demand and limited inventory, keeping prices stable. Growth is modest, driven by local employment and the area's appeal for rural living.
No ARED distress-ledger coverage for this county yet — the foreclosure ingest rotates the national county directory, and filings appear here once the county's posted notices are read. Key-figure check: median price diverges 14.6% from the nearest retained anchor (prior refresh cycle) — beyond the 12.5% tolerance; an automated validation case is open and the value publishes pending its verdict.
Select a city to expand its ZIP intel reports beneath · 7 cities · 9 ZIP reports
Median prices moved up 5.7% year over year.
Homes spend a median of 87 days on market with 5.2 months of supply — a balanced-paced market.
25% of listings have cut prices · homes sell at 97.99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 9.8% — a stable, low-distress profile.
Deterministic aggregate of 2 researched ZIP reports of 3 — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Pine County, Minnesota — researched county-level history with a deterministic 1 / 3 / 5-year projection
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.7%/yr trend — a deterministic estimate, not a published forecast or guarantee.
No researched properties in this county yet — the property base layer populates as property research runs, and each property feeds its ZIP's roll-up.
researched Sep 30
researched Sep 23
researched Sep 23
researched Sep 30
researched Sep 23
| 55005 | Bethel | $425,000 | $215 | +2.1% | 48 | 98.2% | 18.5% | 5.2 | 82 | $1,810 | researched Sep 30 |
| 55007 | Brook Park | $350,000 | $174 | +5.9% | 87 | 98% | 25% | 5.2 | 38 | $1,056 | researched Sep 23 |
| 55030 | Grasston | $285,000 | $162 | -2.4% | 84 | 97.5% | 12% | 4.5 | 18 | $1,739 | researched Sep 23 |
| 55037 | Hinckley | $213,000 | $207 | — | 47 | — | — | — | 61 | $918 | researched Sep 30 |
| 55063 | Pine City | $304,000 | $221 | +2.1% | 84 | 97.5% | 12% | 6.2 | 112 | $746 | researched Sep 23 |
Figures are each ZIP report's own latest research — the county roll-up aggregates them sales_count-weighted (population fallback); ZIPs cycle quarterly.
Crime rates in Pine County remain generally low and stable, consistent with rural Minnesota trends and significantly below state urban averages.
Schools in the county are primarily served by local independent districts that provide standard public education with moderate performance ratings.
The area faces typical regional risks including seasonal severe weather and wildfire potential in forested zones, with standard insurance coverage availability.
Economic momentum is driven by local government, healthcare, and tourism sectors, with steady but modest development activity.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Minnesota) — Condominium Unit Taxation: Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units. State (Minnesota) — Minnesota General Property Tax Classification System: Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.
The economy is anchored by public sector employment, healthcare services, and a robust outdoor recreation and tourism industry.
The county is served by Interstate 35, providing a primary north-south corridor connecting the region to the Twin Cities and Duluth.
The Pine County Assessor's office conducts annual market value assessments based on property sales data and physical inspections.
The county is served by various school districts and local utility cooperatives that manage infrastructure across municipal boundaries.
Property insurance markets remain stable, though premiums are sensitive to regional weather-related risk factors.
- Grand Casino Hinckley Amphitheater4.57.8 mi
- Pine County Fair4.220 mi
- Freddie's Family Restaurant4.428.3 mi
- Lakeview shores MN3.819.8 mi
- Grand Casino Hinckley3.87.6 mi
- St. Croix State Park4.613.7 mi
- Chengwatana State Forest4.417.8 mi
- Grand Cinema4.48.7 mi
- Lakeview shores MN3.819.8 mi
- St. Croix Fire Tower4.911 mi
- Snake River Fur Post4.521.4 mi
- Forts Folle Avoine4.721.5 mi
- Hinckley Fire Museum4.78.7 mi
- Pine County Historical Society & The Little Mermaid Cafe4.76.4 mi
- St. Croix State Park4.613.7 mi
- Banning State Park4.75.9 mi
- Chengwatana State Forest4.417.8 mi
- Robinson Quarry Park4.63.3 mi
- St. Croix State Forest4.618.7 mi
- Pokegama Lake R.V. Park & Golf Course4.219.6 mi
- Chris' Food Center4.33.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this county — what residents actually live with, and what the pipeline is adding.
Minnesota's largest state park offering extensive hiking, camping, and river access.
Provides vast recreational space for hunting, fishing, and off-road vehicle trails.
Data retrieved from census.gov county-level profiles.
applies when — Property containing a homestead subject to foreclosure
The mortgagor has the right to designate a portion of the property as a homestead to be sold and redeemed separately, provided it conforms to local zoning and is compact.
Minnesota Statutes 582.041
applies when — Parcels designated as condominium units
Each unit constitutes a separate parcel for tax purposes. If a declaration is recorded at least 30 days before a tax installment is due, the taxing authority must split the taxes among the units.
Minnesota Statutes 515A.1-105
Allows non-judicial foreclosure. Requires notice of sale to be mailed to the mortgagor at least 14 days before the sale date and published in a newspaper. Mortgagors have specific redemption rights following the sale.
Minnesota Statutes Chapter 580
Property tax is calculated by applying a class rate to the parcel's estimated market value to determine tax capacity, then multiplying by the local tax rate. For residential homesteads (Class 1a), the rate is 1.00% for the first $500,000 of market value and 1.25% for value exceeding $500,000.
2021 Classification Rate Table, Minnesota Department of Revenue
≈ $2,393/yr on a $239,300 median
Governance registry — every jurisdiction re-researches on a rolling 90-day cycle. Property reports compose these inherited burdens into a per-parcel ledger with conditional determinations. Informational only — not legal advice.