Foreclosure Homes in Pine Island, MN

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4 Sather-ct-sw-Pine-island-MN-55963
$220,584 EMV

2 Bed | 1 Bath | 992 Sq. Ft.

Displaying 1 - 4 of 4

Home Value Estimator For Pine Island, MN

There are currently 1,624 real estate properties in Pine Island, MN, with a median automated valuation model (AVM) price of $289,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Pine Island, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Pine Island, MN, is $318,601.00, with the most expensive house in Pine Island, MN, topping out at $1,342,000.00 and the cheapest home in Pine Island, MN, clocking in at $40,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Pine Island, MN!

Rent Prices In Pine Island, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Pine Island, MN, is on a rollercoaster ride. The average rent price in Pine Island, MN, is $1,682.00. Indeed, when looking to rent in Pine Island, MN, you can expect to pay as little as $570.00 or as much as $4,150.00, with the average rent median estimated to be $1,610.00. The good news is that finding an affordable and desirable property to rent in Pine Island, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Foreclosure Homes in Pine Island, MN

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Pine Island, MN area at Get information on foreclosure homes for rent, how to buy foreclosures in Pine Island, MN and much more. Save thousands at closing with home foreclosure listings in Pine Island, MN — up to 75% off market value!

Top Reasons To Live In Pine Island, MN In 2023

Pine Island is located in Goodhue, Minnesota, with an estimated municipal population of 3,475 residents. All of the best foreclosed homes for sale in Pine Island are located in the following zip code areas on 55963. The estimated population per square kilometer (.62 miles) in Pine Island is 230.

Cost Of Living In Pine Island, MN

So, about how much do homes cost in Pine Island? The most recent median value of resident-owned homes in Pine Island is 193,164. An estimated 71.8 percent of households in Pine Island own their homes, with an average family size of 3.17. The median household income in Pine Island is 73,889, with31.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Pine Island, the median commute time of resident workers (in minutes) is 23.8. And last, but certainly not least, are you looking for homes to rent in Pine Island? If so, the average rent price paid by renters in Pine Island is 644, according to recent statistics.

Diversity And Demographics In Pine Island, Minnesota

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Pine Island, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Pine Island is 35, split between 50.4 percent male versus 49.6 female. The percentage of residents who report being married in Pine Island is 51.3, with an average family size of 3.17.

The percentage of residents who report their race in Pine Island is as follows:

White 96.8%
Black / African American 1.8%
Asian 0.4%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.1%
Other 0%

Looking for family-friendly neighborhoods in and/or near Pine Island? Or maybe you are searching for 55+ active adult communities in and/or near Pine Island?

The percentage of residents who report their age in Pine Island is as follows:

Under 10 16%
Aged 10-19 14.7%
20s 9.6%
30s 16.9%
40s 11%
50s 13.8%
60s 9.3%
70s 5.7%
80+ 3%

Best Schools In Pine Island, Minnesota

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Pine Island with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Pine Island.

Pros And Cons Of Living In Pine Island, Minnesota

How do you know that living in -- or moving to -- Pine Island is right where you need to be? Perhaps you grew up in Pine Island or already live nearby; therefore, the decision to buy a home in Pine Island is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Pine Island for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Pine Island:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Pine Island.

Reasons To Move To Pine Island, Minnesota, In 2023

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Pine Island can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Pine Island, meanwhile, can field multiple offers from more qualified buyers.

Pine Island, MN Foreclosures


Listing types in Pine Island, MN

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