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Today: September 22, 2025

Current Price

$197,896

1 Month Forecast

$208,007

1-Year Forecast *

$210,030

5-Year Forecast *

$208,305

"Is it a good time to buy homes in Thief River Falls?" "Does investing in real estate in Thief River Falls (Minnesota State, Pennington County) worth it?" According to our live Forecast System, buying a house in Thief River Falls is a acceptable short-term (1-year) investment*. The Thief River Falls average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Thief River Falls" 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 Thief River Falls in Minnesota State, Pennington County. If you are looking for homes for sale with good flipping profit, Thief River Falls can be a profitable property investment option. The median price of an average house in Thief River Falls was 197,896 USD on 2025-09-23. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Thief River Falls" area is 208,305 USD by 2030-09-23. For a 5-year investment the profit is expected to be around +5.26% meaning that investing 100000 USD today may yield a profit of 5,260 USD by 2030.

Current Median Listing Price: 197,896 USD Median Listing Price Per Square Foot: 110 USD

Thief River Falls 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.

Thief River Falls (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2025-2031

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

Thief River Falls Price Target

Thief River Falls median home price target in 12 months: $210,030* (upside of 6.1%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $213,446 $206,718 $206,718 $214,524
2024 $196,505 $197,896 $194,550 $198,239
2023 $207,664 $198,527 $198,527 $207,664
2022 $201,905 $209,094 $201,905 $213,250
2021 $193,635 $199,677 $192,770 $199,677
2020 $187,751 $194,443 $187,751 $195,256
2019 $184,241 $186,470 $184,241 $186,967
2018 $185,025 $183,710 $183,498 $189,075
2017 $190,166 $185,119 $185,119 $190,258
2016 $180,296 $189,681 $180,296 $189,681
2015 $173,372 $180,160 $173,372 $180,160
2014 $164,435 $173,164 $164,435 $173,234
2013 $154,352 $164,459 $154,157 $164,533
2012 $134,002 $153,711 $134,002 $153,711

Questions & Answers about the Thief River Falls Housing Market Forecast

How much does an average home cost in Thief River Falls today?

The value of an average home (the listing price) in Thief River Falls is $197,896 USD.

What is the average price per square foot in Thief River Falls?

According to Walletinvestor the median price per square foot in Thief River Falls is 110 USD.

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

Yes. The Thief River Falls home prices may rise from 197,896 USD to 210,030 USD in one year.

Is it profitable to invest in Thief River Falls homes?

Yes. The long-term profit potential is +6.13% in one year.

Will Thief River Falls house prices fall / drop?

No. See above.

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

The predicted home sales price of a Thief River Falls home in 2030 in Thief River Falls is 208,305 USD.

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

The predicted home sales price of a Thief River Falls home in 2035 in Thief River Falls is 205,837 USD.

Will real estate prices decrease in Thief River Falls?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Thief River Falls is the 4921. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Pennington, Thief River Falls increased, looking at the past 12 months.

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

Median home values increased by 0.292% to 197,896 USD, between 2024-09-23 and 2025-09-23

The average annual profit of property investment was:

  • 6.082% in 2020
  • 5.622% in 2021
  • 5.592% in 2022
  • 4.692% in 2023
  • 5.932% in 2024
  • 4.922% in 2025

Based on our Thief River Falls real estate market research and report the predicted sales prices will increase by 81.320% in the next 10 years.

Over the last 12 months, the value of homes in Thief River Falls fluctuated: increasing 5 times and decreasing 5 times.

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

Below you will find the price predictions for 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Thief River Falls Housing Market Forecast with Real Estate Prices for 2025
August 2025 208007 189079 226936
September 2025 209052 189610 228493
October 2025 208181 187988 228375
November 2025 207316 193218 221413
December 2025 206656 191157 222156
Thief River Falls Housing Market Forecast with Real Estate Prices for 2026
January 2026 206580 192739 220421
February 2026 206390 192149 220631
March 2026 206905 194077 219733
April 2026 208195 193413 222977
May 2026 209493 194829 224158
June 2026 210268 191344 229192
July 2026 210030 195118 224943
August 2026 210212 191503 228921
September 2026 211354 195925 226783
October 2026 212672 197785 227559
November 2026 213998 192598 235398
December 2026 215332 204135 226529
Thief River Falls Housing Market Forecast with Real Estate Prices for 2027
January 2027 216675 201724 231625
February 2027 218026 206034 230017
March 2027 219385 197666 241105
April 2027 220753 206846 234661
May 2027 221410 199934 242887
June 2027 221337 208499 234174
July 2027 220592 202945 238240
August 2027 219688 206727 232650
September 2027 218599 201548 235650
October 2027 217349 196918 237779
November 2027 216105 204003 228207
December 2027 214869 201332 228406
Thief River Falls Housing Market Forecast with Real Estate Prices for 2028
January 2028 214073 193094 235052
February 2028 213913 193378 234449
March 2028 214676 201152 228201
April 2028 213941 196184 231699
May 2028 212718 197615 227821
June 2028 211501 197542 225460
July 2028 210463 194258 226669
August 2028 209642 188678 230606
September 2028 208713 191390 226036
October 2028 207519 190295 224743
November 2028 206332 187350 225315
December 2028 205152 187714 222590
Thief River Falls Housing Market Forecast with Real Estate Prices for 2029
January 2029 204779 193516 216042
February 2029 206056 190396 221716
March 2029 207205 194980 219430
April 2029 208497 194945 222049
May 2029 208431 196342 220520
June 2029 208113 188550 227675
July 2029 207530 191550 223510
August 2029 207888 193336 222440
September 2029 207966 196736 219196
October 2029 208136 191486 224787
November 2029 209434 193936 224932
December 2029 210492 199125 221858
Thief River Falls Housing Market Forecast with Real Estate Prices for 2030
January 2030 210394 198823 221966
February 2030 209191 195803 222579
March 2030 207994 188027 227962
April 2030 206804 189640 223969
May 2030 205980 190944 221017
June 2030 207264 187574 226955
July 2030 208305 194973 221636
August 2030 207438 191880 222995
September 2030 206575 195833 217317
October 2030 205918 193151 218685
November 2030 205842 190609 221074
December 2030 205653 185087 226218
Thief River Falls Housing Market Forecast with Real Estate Prices for 2031
January 2031 206166 192559 219773
February 2031 207451 194174 220728
March 2031 208745 197473 220017
April 2031 209517 189194 229840
May 2031 209280 196514 222046
June 2031 209461 197940 220981
July 2031 210599 192698 228500
August 2031 211912 200681 223143
September 2031 213233 201932 224535
October 2031 214563 195896 233230
November 2031 215901 201220 230582
December 2031 217247 197695 236799
Thief River Falls Housing Market Forecast with Real Estate Prices for 2032
January 2032 218602 207016 230188
February 2032 219965 207427 232503
March 2032 220619 206279 234960
April 2032 220546 204226 236867
May 2032 219804 208594 231014
June 2032 218903 200297 237510
July 2032 217818 203878 231758
August 2032 216572 204228 228917
September 2032 215333 194877 235790
October 2032 214102 198900 229303
November 2032 213308 196030 230586
December 2032 213149 198015 228283
Thief River Falls Housing Market Forecast with Real Estate Prices for 2033
January 2033 213909 196369 231450
February 2033 213177 201666 224689
March 2033 211958 200300 223615
April 2033 210745 198944 222547
May 2033 209712 196500 222923
June 2033 208893 196568 221218
July 2033 207967 193618 222317

> 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.