Pine Hill Park, MN56334

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$328,000
4.4% YoY Growth
Median Household Income
$67,300
14.9% 5-Year Growth
Days on Market
59
9.0% Shorter than last year
Home Price Forecast
N/A
Median Rent
$850
39.5% YoY Growth
1-Bed Rent
$595
11.1% YoY Growth
2-Bed Rent
N/A
N/A
3-Bed Rent
$1,600
N/A

Property Listings — Pine Hill Park, MN

As of Oct '25, Realtor.com reports that the median days on market for a home in Pine Hill Park, MN is 59. This is a decrease of -9.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 32.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$396,00022.0%
Listing Count
3118.0%
Listings as % of Homes0.3%18.0%
Days on Market
59-9.0%
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Demographics — Pine Hill Park, MN

As of the latest ACS Survey released in 2023, Pine Hill Park, MN has a population of 5,790, which has increased by 4.2% over the past 5 years. Pine Hill Park, MN is a moderately popular place for families, as children make up 22.3% of the population. The area has a moderately educated workforce, with 28.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
5,7904.2%
% Under 18
22.3%16.1%
% Seniors
25.8%-0.4%
% WFH
9.7%98.0%
% w/ College Degree
28.9%7.0%
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As of the latest ACS Survey released in 2023, Pine Hill Park, MN is a predominantly white area, with 94.1% of the population identifying as white. The white population has shrunk by 2.7% in the last 5 years. The second most common race or ethnicity in Pine Hill Park, MN is hispanic, making up 1.4% of the population. Foreign-born residents account for 1.1% of the population in Pine Hill Park, MN, and this percentage has increased by 22.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
94.1%-2.7%
% Black
1.0%66.7%
% Hispanic
1.4%0.0%
% Asian
0.8%100.0%
% Foreign Born
1.1%22.2%
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Mortgage and Risk — Pine Hill Park, MN

According to HUD data as of 2023, there were 72 mortgage originations in Pine Hill Park, MN, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Pine Hill Park, MN. Investor activity is low, as 4.0% of loans were by investors. 25.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
72
% Conventional Loans
78.0%
% Government Loans
22.0%
% Investor Loans
4.0%
% Second Loans
11.0%
% Cash Out Refinance
25.0%

Loan Activity

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Rentals and Section 8 — Pine Hill Park, MN

Pine Hill Park, MN lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
130
Total Units Section 8
100
% Rentals under Section 8
N/A
% Occupied Section 8
84.3%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$165$595$760
2 BedroomN/AN/A$1,000
3 Bedroom-$400$1,600$1,200
4 BedroomN/AN/A$1,330

Affordability — Pine Hill Park, MN

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio4.5
Median Home Price$328,000
Median Household Income$67,300

Pine Hill Park, MN — ZIP Code Boundary Map

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Frequently Asked Questions