Is Pine City, MN 55063 a buyer’s or seller’s market?
Pine City is a seller’s market. With about 2.5 months of supply and 35% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 66% of U.S. ZIP codes, and #184 of 296 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Pine City housing market right now
In the three months ending August 31, 2026, 35% of homes in Pine City, MN 55063 sold above their list price, the typical home went under contract in 44 days and there were 2.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 50 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold more slowly (35 days then) and the median sale price rose 3% to $339,853. Overall, Pine City is more competitive than a year ago, so tougher for buyers.
Within Pine County, homes here sell more slowly than in 56% of the county’s ZIP codes, and sell more often over asking than in 89%. On our competition score, Pine City ranks #184 of 296 MN ZIP codes with enough sales (score 63 out of 100).
Nearby, buyers who want less competition could look at Sturgeon Lake 55783 (0% sold over asking) or Kerrick 55756 (0% sold over asking).
Run the numbers for 55063
Nearby markets
Askov 55704Buyer’s market $208 /sq ftBruno 55712Buyer’s market $205 /sq ftFinlayson 55735Balanced $284 /sq ftGrasston 55030Seller’s market $209 /sq ft Browse all markets →Towns like Pine City nearby
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Questions about Pine City real estate
Is Pine City a buyer’s or seller’s market?
A seller’s market: there were 2.5 months of supply in Pine City, MN 55063 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Pine City?
The typical home went under contract in 44 days in the latest three months.
Do homes in Pine City sell over asking?
35% of homes sold above their original list price, and the typical sale closed at 99.3% of the list price.
What are property taxes in Pine City?
About 0.86% of a home’s value a year in Pine County, or roughly $3,440 on a $400,000 home.
What is the median home price in Pine City?
The median sale price was $339,853 in the three months ending August 31, 2026, about $205 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology