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Pipestone Home Values and Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 12 months, homes sold for 94.4% of list price in 120 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $171K Sold · $157K
$460K$340K$220K$100K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 9 sales in Jul. Last month: 6.

Where the market stands

All homes in this report, by status.

98homes
Active31 · 32%
Under contract8 · 8%
Sold (12 mo)59 · 60%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$231K
Under contract$332K
Sold$224K

Average days on market

Active178 days
Under contract157 days
Sold120 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 31
Average list price $231,487
Avg. days on market 178 days
Avg. price per ft² $124 Based on 26 of 31 homes
Avg. living area 2,317 ft² Based on 26 of 31 homes
Avg. beds / baths 3.7 / 2.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

5 homes didn’t report living area and aren’t shown.

$900K$600K$300K$0

Price vs. living area: 26 homes plotted, up to $900K and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

5 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

901 7th Ave SW$226
1112 6th Avenue SW$204
201 1/2 10th Avenue SE$189
101 9th Avenue NW$181
1304 State Highway 30$177
819 2nd Street SW$166
1011 90th Avenue$160

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
902 4th Avenue SEPipestone, MN 56164 543,671$499,000$1353 days
406 8th Avenue SWPipestone, MN 56164 432,878$299,900$10413 days
808 5th Street NWPipestone, MN 56164 331,955$262,000$13422 days
901 7th Ave SWPipestone, MN 56164 221,414$320,000$22654 days
1112 6th Avenue SWPipestone, MN 56164 321,100$225,000$20456 days
101 9th Avenue NWPipestone, MN 56164 221,020$184,900$18158 days
310 8th Avenue SEPipestone, MN 56164 422,068$143,900$6958 days
708 S Hiawatha AvenuePipestone, MN 56164 321,696$155,000$9160 days
606 3rd Street SWPipestone, MN 56164 421,299$140,000$10763 days
1304 State Highway 30Pipestone, MN 56164 432,963$525,000$17765 days
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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.