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Land Foreclosures in Thief River Falls, MN

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Thief River Falls, MN Foreclosures

Current Market Conditions in in Thief River Falls, MN As of February 2026?
In the past month, the Thief River Falls housing market has experienced slight shifts, with a marginal increase in home sales and a decrease in the average time properties spend on the market. This indicates a growing demand, likely fueled by the upcoming summer months which traditionally see more activity as families look to relocate.
How much do homes sell for in Thief River Falls, MN?
The average home price is currently $242,507.
What’s the average rental cost in Thief River Falls, MN?
The average rental price in Thief River Falls is $1,241.
What is the most expensive home in Thief River Falls?
The most expensive home sold in Thief River Falls had a price of $7,591,038.
What is currently the cheapest priced home in Thief River Falls, MN?
The cheapest home for sale in Thief River Falls is priced at $12,375.

Living in Thief River Falls, MN

Thief River Falls, MN, is a welcoming community with a bustling downtown, access to outdoor activities, and a variety of amenities. The city features strong educational institutions and is a hub for job opportunities, making it an attractive place to live for families and professionals alike.

Buyer vs Seller Market in Thief River Falls, MN

Currently, the real estate market in Thief River Falls is stable, with a balanced number of homes for sale. Home prices have shown modest appreciation in the past year, largely due to a steady influx of new residents looking for affordable housing options and a scenic lifestyle.

The demand for homes in Thief River Falls continues to grow, particularly among families and retirees. This is attributed to the city's excellent local services, schools, and community feel, along with competitive home prices compared to nearby urban areas.

Home Value Estimator For Thief River Falls, MN

There are currently 4,837 real estate properties in Thief River Falls, MN, with a median automated valuation model (AVM) price of $198,171.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Thief River Falls, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Thief River Falls, MN, is $242,507.00, with the most expensive house in Thief River Falls, MN, topping out at $7,591,038.00 and the cheapest home in Thief River Falls, MN, clocking in at $12,375.00. In other words, there’s something for every potential homebuyer or savvy investor in Thief River Falls, MN!

Rent Prices In Thief River Falls, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Thief River Falls, MN, is on a rollercoaster ride. The average rent price in Thief River Falls, MN, is $1,241.00. Indeed, when looking to rent in Thief River Falls, MN, you can expect to pay as little as $460.00 or as much as $2,340.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Thief River Falls, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Thief River Falls, MN Land


Market Trend for Thief River Falls, MN

Total Listings Available: 0

Market Values:

Home Prices from $12,375 to $7,591,038

Average Sales Price: $242,507

Rental Values:

Rental from $460 to $2,340

Average Rent Value: $1,241 / month

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