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Minnesota State Wire

Saturday, September 13, 2025

Pine Springs home prices fall in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Pine Springs fell by $10,250 while total sales increased by 50%, according to BlockShopper.com.

From January through June of 2017, there were three homes sold, with a median sale price of $380,000 - a 2.6% decrease over the $390,250 median sale price for the same period of the previous year. There were two homes sold in Pine Springs in the first half of 2016.

The median sales tax in Pine Springs for the most recent year with available data, 2015, was $4,015, approximately 1.1% of the median home sale price for the first half of 2017.

The following table compares Pine Springs to other Washington County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Grant2130-30%$515,000$395,12530.3%
Birchwood Village8633.3%$495,000$283,50074.6%
Hastings1316-18.8%$436,500$89,453.75388%
Afton2025-20%$430,500$425,0001.3%
Lake Elmo4861-21.3%$385,500$415,000-7.1%
Pine Springs3250%$380,000$390,250-2.6%
Stillwater222238-6.7%$302,000$315,000-4.1%
Scandia1627-40.7%$293,700$307,500-4.5%
Bayport1822-18.2%$286,250$198,646.5044.1%
Mahtomedi63630%$285,000$275,0003.6%
Woodbury626710-11.8%$275,000$265,0003.8%

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