Current Price

$291,644

1 Month Forecast

â–² $351,017

1-Year Forecast *

â–² $364,391

5-Year Forecast *

â–² $348,998

"Is it a good time to buy homes in Knife River?" "Does investing in real estate in Knife River (Minnesota State, Lake County) worth it?" According to our live Forecast System, buying a house in Knife River is a good short-term (1-year) investment*. The Knife River average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Knife River" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Knife River in Minnesota State, Lake County. If you are looking for homes for sale with good flipping profit, Knife River can be a profitable property investment option. The median price of an average house in Knife River was 291,644 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Knife River" area is 348,998 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +19.67% meaning that investing 100000 USD today may yield a profit of 19,666 USD by 2031.

Current Median Listing Price: 291,644 USD Median Listing Price Per Square Foot: 162 USD

Knife River Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Knife River (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Knife River Price Target

Knife River median home price target in 12 months: $364,391* (upside of 24.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $344,717 $350,065 $341,480 $350,065
2024 $276,164 $291,644 $271,365 $298,193
2023 $303,074 $278,365 $278,365 $303,141
2022 $0 $302,031 $0 $304,134
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Knife River Housing Market Forecast

How much does an average home cost in Knife River today?

The value of an average home (the listing price) in Knife River is $291,644 USD.

What is the average price per square foot in Knife River?

According to Walletinvestor the median price per square foot in Knife River is 162 USD.

Will the median listing price of homes in Knife River grow / rise / go up?

Yes. The Knife River home prices may rise from 291,644 USD to 364,391 USD in one year.

Is it profitable to invest in Knife River homes?

Yes. The long-term profit potential is +24.94% in one year.

Will Knife River house prices fall / drop?

No. See above.

What is the predicted price of a Knife River home in 2030?

The predicted home sales price of a Knife River home in 2030 in Knife River is 373,509 USD.

What is the predicted price of a Knife River home in 2035?

The predicted home sales price of a Knife River home in 2035 in Knife River is 340,701 USD.

Will real estate prices decrease in Knife River?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Knife River is the 18994. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Lake, Knife River decreased, looking at the past 12 months.

According to Walletinvestor's Knife River real estate market research, home values will increase in the next 12 months.

Median home values decreased by 14.594% to 291,644 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 25.984% in 2021
  • 25.994% in 2022
  • 26.124% in 2023
  • 23.254% in 2024
  • 24.994% in 2025
  • 25.774% in 2026

Based on our Knife River real estate market research and report the predicted sales prices will increase by 827.152% in the next 10 years.

Over the last 12 months, the value of homes in Knife River fluctuated: increasing 4 times .

Knife River (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Knife River Housing Market Forecast with Real Estate Prices for 2025
August 2025 351017 326095 375939
September 2025 353135 333713 372557
October 2025 356819 332555 381083
November 2025 360380 339478 381282
December 2025 363140 343893 382386
Knife River Housing Market Forecast with Real Estate Prices for 2026
January 2026 364750 332287 397212
February 2026 365585 343650 387520
March 2026 364803 333795 395812
April 2026 363624 342898 384351
May 2026 363058 328567 397548
June 2026 364311 329701 398920
July 2026 364391 339248 389534
August 2026 362280 328588 395972
September 2026 358972 339946 377997
October 2026 356768 329297 384240
November 2026 354045 319703 388388
December 2026 349687 317515 381858
Knife River Housing Market Forecast with Real Estate Prices for 2027
January 2027 344872 317627 372117
February 2027 341594 315975 367214
March 2027 338804 317120 360487
April 2027 337061 304366 369756
May 2027 334818 317072 352563
June 2027 332170 310911 353429
July 2027 328479 304828 352129
August 2027 326476 307214 345738
September 2027 326398 294085 358712
October 2027 330251 308785 351717
November 2027 335445 304584 366306
December 2027 340720 309033 372407
Knife River Housing Market Forecast with Real Estate Prices for 2028
January 2028 346078 325660 366497
February 2028 351367 322555 380179
March 2028 354039 320405 387672
April 2028 351577 327670 375484
May 2028 346736 316223 377249
June 2028 352189 323661 380716
July 2028 349705 329422 369988
August 2028 348882 318878 378886
September 2028 350286 331721 368851
October 2028 352781 319972 385589
November 2028 355746 320172 391321
December 2028 357653 329398 385908
Knife River Housing Market Forecast with Real Estate Prices for 2029
January 2029 358625 327066 390184
February 2029 360789 342750 378828
March 2029 364553 342315 386791
April 2029 368191 332108 404274
May 2029 371011 351718 390303
June 2029 372655 354023 391288
July 2029 373509 338399 408619
August 2029 372710 353702 391718
September 2029 371506 342528 400483
October 2029 370927 337914 403939
November 2029 372207 339825 404589
December 2029 372290 335805 408774
Knife River Housing Market Forecast with Real Estate Prices for 2030
January 2030 370132 344223 396042
February 2030 366752 337412 396092
March 2030 364501 338622 390381
April 2030 361719 339293 384146
May 2030 357266 326898 387634
June 2030 352347 323102 381591
July 2030 348998 329106 368891
August 2030 346147 317071 375223
September 2030 344366 316473 372260
October 2030 342075 314709 369441
November 2030 339369 316971 361768
December 2030 335598 312106 359090
Knife River Housing Market Forecast with Real Estate Prices for 2031
January 2031 333552 312205 354900
February 2031 333473 316132 350814
March 2031 337409 308055 366764
April 2031 342715 323181 362250
May 2031 348105 322693 373517
June 2031 353579 330243 376915
July 2031 358982 336725 381239
August 2031 361712 326626 396799
September 2031 359197 333335 385059
October 2031 354251 322369 386134
November 2031 359822 336794 382851
December 2031 357285 322628 391942
Knife River Housing Market Forecast with Real Estate Prices for 2032
January 2032 356444 322225 390662
February 2032 357879 338911 376846
March 2032 360427 338081 382774
April 2032 363457 336561 390353
May 2032 365405 336173 394637
June 2032 366398 334155 398641
July 2032 368609 338752 398466

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.