Expensive
Affordable
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These days, finding an affordable place to live in the Pipestone area can be challenging. Home prices in Pipestone are now at a median cost of $155,199, lower than the Minnesota average of $345,793.
The average cost of rent is $756/mo in Pipestone, primarily driven by the current value of real estate in the Pipestone area. In Pipestone, 27.02% of households rent, and 40.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Pipestone is $6,138 per month. Households that rent pay about 12.32% of their income on rent here. Pipestone’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Ihlen, MN: equally priced homes
- Hatfield, MN: higher priced homes
- Trosky, MN: higher priced homes
- Holland, MN: higher priced homes
- Jasper, MN: less expensive homes
- Woodstock, MN: higher priced homes
- Edgerton, MN: equally priced homes
- Flandreau, SD: higher priced homes
- Verdi, MN: higher priced homes
- Hardwick, MN: higher priced homes
Cities with Similar Populations
- Bells, TN: higher priced homes
- Litchfield, CT: higher priced homes
- Laguna Beach, FL: higher priced homes
- Kingsley, MI: higher priced homes
- Keswick, VA: higher priced homes
- Jonesville, VA: less expensive homes
- Hyde Park, UT: higher priced homes
- Highland, MD: higher priced homes
- Hartford, SD: higher priced homes
- Greensboro, AL: less expensive homes
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