Market Overview
Home Prices in Pines, IN
The median home value in Pines, IN is $204,185 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 0.4% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pines are priced50% below average. Pines is part of the Chicago-Naperville-Elgin, IL-IN-WI metro area.
Over the past five years, Pines home values have risen by approximately31.5%, reflecting strong long-term appreciation in this market.
Price History
Pines Home Price Trend
City Comparison
Pines vs. National Median
At $204,185, homes in Pines cost 50% below the national median of $410,000. This makes Pines a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Pines?
20% Down Payment
$40,837
on $204,185
Monthly P&I
$1,065/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,353/mo
incl. taxes & insurance
Income Needed
$54,120
gross annual (30% rule)
10% Down Option
$20,419
+ PMI applies
Loan Amount (20% dn)
$163,348
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Pines, IN?
The median home value in Pines is $204,185 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.4% year-over-year.
How much have home prices changed in Pines?
Over the past year, home values in Pines have increased by 4.4%. Over five years, prices have risen approximately 31.5%.
How much do I need to earn to buy a home in Pines?
To comfortably afford the median home price of $204,185 with a 20% down payment ($40,837) at today's rates (6.8%), you'd need a gross annual income of approximately $54,120. This assumes keeping total housing costs at or below 30% of gross income.
How does Pines compare to the national average home price?
The national median home value is approximately $410,000. At $204,185, homes in Pines are 50% below the national average.
What metro area is Pines part of?
Pines is part of the Chicago-Naperville-Elgin, IL-IN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.