Thief River Falls, MN Home Values & Market Trends
Real estate market trends reflect that there have been 130 transactions over the past year in Thief River Falls. The median value for residential home transactions that occurred over the previous year is $173,174. The number of current listings in Thief River Falls is 207, and the percentage of properties for sale in the city is 207.00%. Thief River Falls, MN currently has 6 properties in foreclosure, 3 bank owned properties, 3 properties headed for auction, and 207 properties for sale.
Thief River Falls, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 56701 | $ 173,174 $ 129/sqft |
Housing Market Summary for Thief River Falls, MN
| 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 Thief River Falls, MN
Browse Homes in Thief River Falls, MN
Thief River Falls home values range from $35,748 to $554,576. The median estimated value of a home in Thief River Falls is $173,174. The median list price of a home is 186,250, and the total count of properties in the city is 265.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Thief River Falls, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Thief River Falls, MN; of that zips, 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 Thief River Falls, MN ranges from the highest value of $289,900 in 56701 to the lowest value of $129,900 in 56701. Bank owned homes and properties account for 1.13% of properties in Thief River Falls, MN. There is 1 zips within Thief River Falls, MN; 56701 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions56701 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Thief River Falls, MN. Auction homes and other auction properties account for 1.13% of all properties in Thief River Falls, MN. There is 1 zips within Thief River Falls, MN; of that zips, the median estimated home value for homes going to auction ranges from $171,795 in 56701 to the lowest value of $135,321 in 56701.
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Guide for Thief River Falls, MN
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.
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