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Pipestone County 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 93.0% of list price in 121 days on average.

Average price, last 12 months

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

List · $171K Sold · $157K
$470K$360K$250K$140K
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.

144homes
Active59 · 41%
Under contract11 · 8%
Sold (12 mo)74 · 51%

Buyer's or seller's market?

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

8.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$203K
Under contract$288K
Sold$220K

Average days on market

Active525 days
Under contract197 days
Sold121 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 59
Average list price $202,729
Avg. days on market 525 days
Avg. price per ft² $125 Based on 36 of 59 homes
Avg. living area 2,220 ft² Based on 36 of 59 homes
Avg. beds / baths 3.5 / 2.2

Price vs. living area

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

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

$900K$600K$300K$0

Price vs. living area: 36 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.

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

Highest price per ft²

Top 7 homes in this status.

326 Rock River Drive$248
901 7th Ave SW$226
1112 6th Avenue SW$204
950 W 1st Avenue$202
201 1/2 10th Avenue SE$189
101 9th Avenue NW$181
1304 State Highway 30$177

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
902 4th Avenue SEPipestone, MN 56164 543,671$499,000$1351 day
406 8th Avenue SWPipestone, MN 56164 432,878$299,900$10411 days
102 Waldo Avenue SIhlen, MN 56164 ———$249,000—19 days
808 5th Street NWPipestone, MN 56164 331,955$262,000$13420 days
1221 Mechanic StreetEdgerton, MN 56128 422,881$320,000$11139 days
901 7th Ave SWPipestone, MN 56164 221,414$320,000$22652 days
1112 6th Avenue SWPipestone, MN 56164 321,100$225,000$20454 days
101 9th Avenue NWPipestone, MN 56164 221,020$184,900$18156 days
310 8th Avenue SEPipestone, MN 56164 422,068$143,900$6956 days
708 S Hiawatha AvenuePipestone, MN 56164 321,696$155,000$9158 days
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Questions about this market?

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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.