Market Overview
Home Prices in Pine Springs, MN
The median home value in Pine Springs, MN is $630,694 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.4% compared to a year ago and up 1.9% from two years prior.
Compared to the U.S. national median of $410,000, homes in Pine Springs are priced54% above average. Pine Springs is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Pine Springs home values have risen by approximately19.1%, reflecting steady appreciation in this market.
Price History
Pine Springs Home Price Trend
City Comparison
Pine Springs vs. National Median
At $630,694, homes in Pine Springs cost 54% above the national median of $410,000. Buyers in Pine Springs should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in Pine Springs?
20% Down Payment
$126,139
on $630,694
Monthly P&I
$3,289/mo
30-yr @ 6.8%
Total Monthly Est.
~$4,177/mo
incl. taxes & insurance
Income Needed
$167,080
gross annual (30% rule)
10% Down Option
$63,069
+ PMI applies
Loan Amount (20% dn)
$504,555
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 Pine Springs, MN?
The median home value in Pine Springs is $630,694 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 Pine Springs?
Over the past year, home values in Pine Springs have increased by 4.4%. Over five years, prices have risen approximately 19.1%.
How much do I need to earn to buy a home in Pine Springs?
To comfortably afford the median home price of $630,694 with a 20% down payment ($126,139) at today's rates (6.8%), you'd need a gross annual income of approximately $167,080. This assumes keeping total housing costs at or below 30% of gross income.
How does Pine Springs compare to the national average home price?
The national median home value is approximately $410,000. At $630,694, homes in Pine Springs are 54% above the national average.
What metro area is Pine Springs part of?
Pine Springs is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.