Housing · Thief River Falls
Thief River Falls, MN housing market
The typical Thief River Falls home is worth about $186,000, down 3% in a year, 47% below the Minnesota typical home.
Home values, sales, trends and how Thief River Falls compares with the towns next door — updated as new data is published.
The market right now
Thief River Falls at a glance
Typical home value
$186K
▼ 3% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
Thief River FallsMinnesota
Show as a table
| January | Thief River Falls | Minnesota |
|---|---|---|
| 2017 | $190,000 | $217,000 |
| 2018 | $185,000 | $232,000 |
| 2019 | $184,000 | $246,000 |
| 2020 | $187,000 | $259,000 |
| 2021 | $193,000 | $282,000 |
| 2022 | $201,000 | $313,000 |
| 2023 | $207,000 | $325,000 |
| 2024 | $196,000 | $331,000 |
| 2025 | $198,000 | $341,000 |
| 2026 | $191,000 | $349,000 |
| August 2026 | $186,000 | $351,000 |
Affordability
2.6 years of income
The typical Thief River Falls home costs about 2.6 years of the town's median household income, less than across Minnesota (3.9 years).
How Thief River Falls ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
63.7%
Minnesota: 72.2%
Median tax bill
$2,456
Minnesota: $3,357
Median rent
$838
Minnesota: $1,280
Typical home built
1972
Minnesota: 1979
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.