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PINE ISLAND, MN 55963

Real Estate Market Report  ·  Olmsted County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
31
⇧ 93.8% vs 16 last year
Pending
6
19% pending ratio
Median Price
$325,000
⇩ 16.4% vs $388,650 last year
Average Price
$341,130
⇩ 15.6% vs $404,332 last year
Days on Market
64
⇩ 25.6% vs 86 days last year

Market Context

Population: 5,744  ·  Density: 27.5/mi²  ·  Median household income: $100,977

Typical home value: $330,531  ·  Homeownership: 79.3%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The PINE ISLAND, MN real estate market (55963) currently shows 31 active listings, with 6 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice.

Homes are selling faster, averaging 64 days on market compared to 86 days last year.

The median listing price has fallen 16.4% year-over-year, from $388,650 to $325,000.

Whether you are buying or selling in PINE ISLAND, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 31 this year vs 16 last year
  • Days on market: 64 now vs 86 last year

Median & Average Pricing

Year over Year
  • Median: $325,000 (-16.4% YoY)
  • Average: $341,130 (-15.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.9 miles — 384 listings ($170,860,817 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55963Pine Island, MN 559630.0 mi31$10,575,030$325,000$341,130
55955Mantorville, MN 559557.7 mi3$1,401,975$452,450$467,325
55956Mazeppa, MN 559569.3 mi5$3,625,000$725,000$725,000
55901Rochester, MN 5590111.1 mi143$60,855,080$357,500$425,560
55920Byron, MN 5592012.3 mi38$23,354,838$527,400$614,601
55906Rochester, MN 5590614.1 mi71$36,310,110$362,450$511,410
55927Dodge Center, MN 5592714.9 mi10$3,993,090$325,000$399,309
55946Kenyon, MN 5594615.6 mi8$1,592,400$209,000$199,050
55932Elgin, MN 5593218.3 mi5$1,933,900$395,000$386,780
55904Rochester, MN 5590420.4 mi62$23,622,744$341,800$381,012
55940Hayfield, MN 5594021.5 mi6$1,916,700$319,450$319,450
55018Dennison, MN 5501822.6 mi1$1,375,000$1,375,000$1,375,000
55053Nerstrand, MN 5505322.9 mi1$304,950$304,950$304,950

Frequently Asked Questions

How many homes are for sale in PINE ISLAND, MN 55963?

As of January 2026, there are 31 active listings in PINE ISLAND, MN (zip code 55963), compared to 16 the prior year.

What is the median home price in PINE ISLAND, MN 55963?

The median listing price in PINE ISLAND, MN 55963 is $325,000 as of January 2026, a 16.4% decrease from $388,650 the prior year.

How long do homes stay on the market in PINE ISLAND, MN?

Homes in PINE ISLAND, MN 55963 spend an average of 64 days on the market before going under contract, compared to 86 days the prior year.

Is it a seller's or buyer's market in PINE ISLAND, MN 55963?

Based on current inventory and days-on-market data as of January 2026, PINE ISLAND, MN 55963 is currently a Balanced Market. Inventory has increased compared to last year, with 15 more homes available — giving buyers more choice. Homes are selling faster, averaging 64 days on market compared to 86 days last year.

How much can I save on real estate commission in PINE ISLAND, MN?

With SELL123.com's maximum 3% commission, sellers in PINE ISLAND, MN 55963 save an estimated $6,500 compared to a typical 5% commission on the median listing price of $325,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.