Pennington County, MN Home Values & Market Trends

The median home price in Pennington County, MN is $174,252. There were 137 home sales in Pennington County, MN over the past 12 months. The median residential Pennington County, MN home value for transactions over the previous year is $146,300. The number of current listings in Pennington County, MN is 215, and the percentage of properties for sale is 215.00%. The county has 6 foreclosures, 3 bank owned properties, 3 headed for auction, and 215 properties for sale.

Pennington County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Thief River Falls

$ 173,174

$ 129/sqft

Saint Hilaire

$ 167,895

$ 113/sqft

Goodridge

$ 218,143

$ 150/sqft

Housing Market Summary for Pennington County, MN

Sep 2025September 2026Change
Median Listing Price$199K$186.3K-6.41%
Median Sold Price$199K$197.4K-0.81%
Homes For Sale15021442.67%
Homes Sold5750-12.28%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Pennington County, MN

Pennington County, MN home values range from $35,748 to $554,576. Thief River Falls is the priciest city with a median listing home price of $186,250, and Thief River Falls is most affordable with average house prices of around $186,250.

Foreclosure
There are 3 cities within Pennington County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $289,900 in Thief River Falls to the lowest value of $129,900 in Thief River Falls. Foreclosure homes account for 2.00% of properties in Pennington County, MN with Thief River Falls containing 6 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Pennington County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Pennington County, MN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Pennington County, MN ranges from the highest value of $289,900 in Thief River Falls to the lowest value of $129,900 in Thief River Falls. Bank owned homes and properties account for 1.09% of properties in Pennington County, MN. There are 3 cities within Pennington County, MN; Thief River Falls containing 3 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Thief River Falls has 3 auction properties, the highest number of properties going to auction in a single city in the state of Pennington County, MN. Auction homes and other auction properties account for 1.09% of all properties in Pennington County, MN. There are 3 cities within Pennington County, MN; of those cities, the median estimated home value for homes going to auction ranges from $171,795 in Thief River Falls to the lowest value of $135,321 in Thief River Falls.
Homes for Sale
Homes and properties that are actively listed for sale account for 78.18% of residential properties in Pennington County, MN with Thief River Falls containing 207 homes for sale, the highest number of listed properties in a single city. There are 3 cities within Pennington County, MN; homes for sale in those cities, have a range of median values from $352,500 in Goodridge to the lowest value of $35,748 in Thief River Falls.
    Sold Homes
    The median value for recently sold homes ranges from $463,782 in Thief River Falls to the lowest price of $45,999 in Thief River Falls. There are 3 cities within Pennington County, MN. Thief River Falls has 46 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 17.45% of properties in Pennington County, MN.

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      Guide for Pennington County, MN

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.