Current Price

$197,896

1 Month Forecast

â–² $206,529

1-Year Forecast *

â–² $217,209

5-Year Forecast *

â–² $211,142

"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 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Thief River Falls" area is 211,142 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +6.69% meaning that investing 100000 USD today may yield a profit of 6,693 USD by 2031.

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: 2026-2032

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: $217,209* (upside of 9.8%)

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 $135,092 $153,711 $135,092 $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 217,209 USD in one year.

Is it profitable to invest in Thief River Falls homes?

Yes. The long-term profit potential is +9.76% 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 210,832 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 208,809 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 decreased, 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 decreased by 7.708% to 197,896 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 9.169% in 2021
  • 11.639% in 2022
  • 9.649% in 2023
  • 11.749% in 2024
  • 10.489% in 2025
  • 8.849% in 2026

Based on our Thief River Falls real estate market research and report the predicted sales prices will increase by 153.747% in the next 10 years.

Over the last 12 months, the value of homes in Thief River Falls fluctuated: decreasing 4 times.

Thief River Falls (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
Thief River Falls Housing Market Forecast with Real Estate Prices for 2025
August 2025 206529 187115 225942
September 2025 207044 195035 219052
October 2025 208397 189641 227153
November 2025 209759 191720 227798
December 2025 210535 196850 224220
Thief River Falls Housing Market Forecast with Real Estate Prices for 2026
January 2026 210297 191581 229013
February 2026 210479 192798 228159
March 2026 211622 197443 225801
April 2026 213005 195965 230046
May 2026 214397 201748 227047
June 2026 215798 205009 226588
July 2026 217209 200049 234368
August 2026 218628 205729 231528
September 2026 220057 209055 231060
October 2026 221496 203111 239880
November 2026 222155 209936 234373
December 2026 222081 210089 234074
Thief River Falls Housing Market Forecast with Real Estate Prices for 2027
January 2027 221334 202963 239705
February 2027 220427 201250 239604
March 2027 219334 206393 232275
April 2027 218023 200364 235683
May 2027 216721 202201 231241
June 2027 215426 204439 226413
July 2027 214627 197887 231368
August 2027 214467 197310 231625
September 2027 215233 201242 229223
October 2027 214496 197980 231012
November 2027 213214 194025 232403
December 2027 211976 200741 223211
Thief River Falls Housing Market Forecast with Real Estate Prices for 2028
January 2028 210936 194905 226967
February 2028 210112 192253 227972
March 2028 209182 197677 220687
April 2028 207932 188386 227477
May 2028 206690 186021 227358
June 2028 205455 189224 221685
July 2028 205081 194007 216156
August 2028 206421 190321 222522
September 2028 207573 189099 226047
October 2028 208868 188817 228920
November 2028 208802 193768 223836
December 2028 208483 189303 227664
Thief River Falls Housing Market Forecast with Real Estate Prices for 2029
January 2029 207900 189397 226403
February 2029 208258 197637 218879
March 2029 208336 194169 222503
April 2029 208507 191409 225605
May 2029 209870 196438 223301
June 2029 210929 198906 222952
July 2029 210832 198182 223482
August 2029 209572 193225 225919
September 2029 208320 191029 225610
October 2029 207075 190716 223434
November 2029 206250 189337 223162
December 2029 206060 192254 219866
Thief River Falls Housing Market Forecast with Real Estate Prices for 2030
January 2030 206574 195626 217523
February 2030 207924 195033 220816
March 2030 209283 191913 226654
April 2030 210058 194933 225182
May 2030 209820 191146 228494
June 2030 210001 196771 223231
July 2030 211142 197840 224444
August 2030 212522 199558 225486
September 2030 213911 195515 232307
October 2030 215309 203898 226720
November 2030 216716 196995 236437
December 2030 218133 199591 236674
Thief River Falls Housing Market Forecast with Real Estate Prices for 2031
January 2031 219558 200457 238660
February 2031 220993 200883 241104
March 2031 221651 200372 242929
April 2031 221577 209391 233764
May 2031 220832 201620 240045
June 2031 219927 207391 232463
July 2031 218836 199579 238094
August 2031 217529 197734 237324
September 2031 216229 203688 228771
October 2031 214937 198602 231273
November 2031 214141 201292 226989
December 2031 213981 193225 234737
Thief River Falls Housing Market Forecast with Real Estate Prices for 2032
January 2032 214744 202719 226770
February 2032 214009 194534 233484
March 2032 212731 192308 233153
April 2032 211495 192249 230741
May 2032 210458 194042 226873
June 2032 209636 198316 220956
July 2032 208707 189089 228326

> 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.