56701 Home Values & Market Trends
There are 207 homes currently listed for 56701. 56701 real estate market trends show that home prices range from $13,500 to $669,500, and the median sales price in the 56701 zip code is $173,174. The total number of properties sold within the past twelve months is 130. In 56701, 6 properties are in foreclosure, 3 are bank owned properties,and 3 are headed for auction.
Housing Market Summary for 56701
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $199K | $186.3K | -6.41% |
| Median Sold Price | $213.8K | $192.8K | -9.82% |
| Homes For Sale | 148 | 206 | 39.19% |
| Homes Sold | 49 | 48 | -2.04% |
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%.
Recently Sold Homes
Explore recent offers and recently sold homes in 56701
Browse Homes in 56701
The median list price of a home in Thief River Falls, is $173,174. A total of 207 properties are for sale, and the percentage of properties for sale in the zip code is 207.00%. The total count of 56701 properties is 265.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 56701 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 56701; of that 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 OwnedThe median estimated home value of bank owned homes (REO properties) in 56701 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 1.13% of properties in 56701. There is 1 cities within 56701; thief river falls containing 3 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsthief river falls has 3 auction properties, the highest number of properties going to auction in a single city in the state of 56701. Auction homes and other auction properties account for 1.13% of all properties in 56701. There is 1 cities within 56701; of that 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.
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Guide for 56701
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 […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.