Zip 56701 (Thief River Falls, MN) Housing

The housing market in 56701 Thief River Falls, MN is strong. The median value for a house in this area is $181,600, which is quite a bit lower than the US house median value of $338,100. Over the past year, the appreciation rate in this area has increased by 9.54%, which is higher than the US average of 8.27%. This indicates that the housing market in 56701 Thief River Falls is very healthy and could be a good investment opportunity for potential buyers.

The median home cost in Thief River Falls (zip 56701) is $181,600. Home appreciation the last 10 years has been 74.6%. Home Appreciation in Thief River Falls (zip 56701) is up 14.7%.

Average Age of Homes

- The median age of Thief River Falls (zip 56701) real estate is 45 years old

The Rental Market in Thief River Falls (zip 56701)

- Renters make up 25.3% of the Thief River Falls (zip 56701) population
- 2.6% of houses and apartments in Thief River Falls (zip 56701), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Thief River Falls, Minnesota	United States
	6,101.0	139,647,020.0
	49	42
	$181,600	$338,100
	14.7%	16.6%
	49.9%	57.0%
	74.6%	101.1%
	$11.61	$10.98
	$1,879	$2,690
	66.4%	57.4%
	8.8%	11.2%
	24.7%	31.4%
Vacant Housing
	2.6%	1.9%
	1.0%	0.4%
	0.1%	0.7%
	0.7%	0.4%
	2.5%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	3.7%	2.6%
	2.3%	2.4%
	3.9%	2.8%
	3.6%	3.9%
	7.6%	4.5%
	22.9%	11.3%
	24.6%	13.0%
	21.8%	20.1%
	6.4%	13.6%
	2.2%	8.3%
	0.6%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.7%	13.6%
	8.7%	13.6%
	11.2%	13.6%
	7.2%	13.2%
	19.6%	14.8%
	11.2%	13.6%
	8.5%	10.0%
	6.8%	4.7%
	20.8%	12.2%

Reviews for Thief River Falls

See all (0)

Write a Review

Start Your Review of Thief River Falls

Commute

The premier source for comprehensive city data for over 30 years.