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About Thief River Falls

The Thief River runs through northwest Minnesota, eventually emptying into the Red Lake River in the aptly-named community of Thief River Falls. The area is a commercial center and urban pocket within an expanse of farmland, offering manufacturing jobs and a popular downtown area. Residents live in Thief River Falls for its strong economy and early 20th-century homes in a small-town atmosphere. “There’s a lot to do, but we do like it quieter up here,” says Shelly Guzek, a Realtor with Hometown Realty who was born and raised in the area.

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Home Trends in Thief River Falls, MN

Home Trends

Median Price (12 Mo)
$173,500
Median Single Family Price
$185,000
Average Price Per Sq Ft
$115
Number of Homes for Sale
47
Last 12 months Home Sales
108
Months of Supply
5.20
Median List Price
$186,500
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-3%
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