The story of this market
The typical home in ZIP 55063 sells for about $304,000, or $221 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 84 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $746 a month.
ZIP 55063 — Pine City
The 55063 housing market shows steady growth with a median home value of $304,000, supported by consistent demand from local buyers. While price appreciation has slowed compared to previous years, the market remains stable with low inventory levels. Investors should note that management overhead and slower turnover require a disciplined approach to property operations.
This ZIP is well-suited for families and commuters seeking a more affordable, small-town lifestyle within reach of the Twin Cities, though it requires a long-term perspective for investors due to slower price appreciation.
Median prices moved up 2.1% year over year.
Homes spend a median of 84 days on market with 6.2 months of supply — a balanced-paced market.
12% of listings have cut prices · homes sell at 97.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.5% · poverty 9.4% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 55063, Pine County MN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in Pine City are generally lower than the national average, with property crime being the most frequently reported incident type in the region.
Schools serving the 55063 area are primarily managed by Pine City Public Schools, which generally maintain average performance ratings compared to state benchmarks.
The area faces moderate risks related to winter weather and seasonal flooding near the Snake River, with standard insurance requirements for property owners.
Economic momentum is driven by local manufacturing, healthcare, and retail sectors, with steady but modest development activity in the Pine City commercial corridor.
Property taxes are assessed at the county level by Pine County, with rates determined by local school district levies and municipal assessments; no state-level property tax exists.
Commuting from 55063 primarily involves travel via I-35, with residents often commuting toward the Twin Cities metro area for employment.
The area features significant outdoor amenities including the Snake River, Cross Lake, and various local parks and trails suitable for fishing, boating, and hiking.
The rental market in 55063 is characterized by moderate demand and limited inventory, with a trend toward stable rent growth for single-family and multi-family units.
The local economy is anchored by healthcare services, education, and small-scale manufacturing, with many residents commuting to larger employment hubs.
Development is focused on small-scale residential infill and commercial improvements along the Highway 61 corridor.
Parcels are subject to Pine City School District levies and Pine County administrative taxes.
Property insurance premiums are stable, though coverage for flood and wind damage is a standard consideration for local homeowners.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Grand Casino Hinckley Amphitheater4.513.1 mi
- Freddie's Family Restaurant4.415.9 mi
- Pine County Fair4.20.6 mi
- Lakeview shores MN3.84.5 mi
- Governor Knowles State Forest4.610 mi
- Chengwatana State Forest4.48.7 mi
- Grand Cinema4.412.8 mi
- Lakeview shores MN3.84.5 mi
- World's Largest Walleye4.39.7 mi
- Goose Creek Rest Area4.715.5 mi
- St. Croix Fire Tower4.914.6 mi
- Snake River Fur Post4.51.8 mi
- Hinckley Fire Museum4.713.3 mi
- Governor Knowles State Forest4.610 mi
- Chengwatana State Forest4.48.7 mi
- West Side Park and City Beach4.20.4 mi
- Bulrush Golf Club4.49.8 mi
- Pokegama Lake R.V. Park & Golf Course4.24.9 mi
- Pine City Country Club4.41.3 mi
- Dollar General3.911.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Popular destination for boating, fishing, and swimming.
Features trails and scenic views along the Snake River.
Local 9-hole course serving the community.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.