All Countries
Pine Island, MN
Full City Profile · Minnesota · Goodhue County County
4.0
/5.0
A
Great
3,693
Population
596/sq mi density
$91,612
Median Income
$42,035 per capita
$324,700
Home Value
$369,342 Zillow
$959
Median Rent
27.6% income on rent
44°F
Avg Temperature
270 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.8 / 5.0
$91,612 median income, 1.2% unemployment
A+
Affordability
4.7 / 5.0
$324,700 home value, $959/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.1 / 5.0
38.3% bachelor's degree or higher
Housing Overview
Median Home Value
$324,700
15% above
US avg: $281,900
Median Rent
$959/mo
18% below
US avg: $1,163/mo
Homeownership Rate
75.5%
15% above US avg (65.4%)
Total Housing Units
1,643
Median year built: 1997
Home Value by Source
Census Median
$324,700
Zillow (ZHVI)
$369,342
Median Sale Price
$329,000
Median List Price
$362,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.5%
Owner-Occupied
24.5%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$959/mo
Market Indicators (Redfin)
Median Days on Market
106 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
15.4%
of listings with price reduction
Price Per Sq Ft
$156
Active Inventory
26
homes for sale
Affordability & Housing Stock
Rent Burden
27.6%
of renters spending 30%+ of income on housing
11% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
75.5%
Complete Housing Data
Home Values
| Census Median Value | $324,700 |
| Zillow Home Value (ZHVI) | $369,342 |
| Median Sale Price | $329,000 |
| Median List Price | $362,450 |
| Price Per Sq Ft | $156 |
Rent
| Census Median Rent | $959 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 106 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.4% |
| Homes Sold | 5 |
| Active Inventory | 26 |
| Price Per Sq Ft | $156 |
Ownership & Stock
| Owner-Occupied | 75.5% |
| Renter-Occupied | 24.5% |
| Homeownership Rate | 75.5% |
| Total Housing Units | 1,643 |
| Median Year Built | 1997 |
| Rent Burden | 27.6% |