56701, MN Housing Market

The 56701 housing market is somewhat competitive. The median sale price of a home in 56701 was $155K last month, down 8.7% since last year. The median sale price per square foot in 56701 is $106, up 1.9% since last year.

Trends
Demand
Schools
Climate

56701 Housing Market Trends

What is the housing market like in 56701 today?

$155K

Sale Price

-8.7%
since last year

$106

Sale $/Sq. Ft.

+1.9%
since last year

Under List Price

2.7%

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the 56701 and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Minnesota add value to a home.

How hot is the 56701 housing market?

56701 is somewhat competitive. Homes sell in 69 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 69 days.
Hot homes
can sell for around list price and go pending in around 22 days.

View houses in 56701 that sold recently

Recently sold homes

SOLD DEC 2, 2024
$185,000 Last Sold Price
5 beds
3 baths
—sq ft
718 Duluth Ave N, Thief River Falls, MN 56701
List Price
$185,000
Sale to List
0% over list
Days on Market
184 days
718 Duluth Ave N, Thief River Falls, MN 56701
SOLD NOV 27, 2024
$135,000 Last Sold Price
2 beds
2 baths
—sq ft
422 Arnold Ave S, Thief River Falls, MN 56701
List Price
$135,000
Sale to List
0% over list
Days on Market
42 days
422 Arnold Ave S, Thief River Falls, MN 56701
SOLD NOV 26, 2024
$60,000 Last Sold Price
1 bed
—baths
—sq ft
416 1st St E, Thief River Falls, MN 56701
List Price
$76,000
Sale to List
21% under list
Days on Market
201 days
416 1st St E, Thief River Falls, MN 56701
SOLD NOV 25, 2024
$650,000
—beds
—baths
—sq ft
1236 Edgewood Dr, Thief River Falls, MN 56701
List Price
—
Sale to List
—
Days on Market
—
1236 Edgewood Dr, Thief River Falls, MN 56701
SOLD NOV 22, 2024
$237,000 Last Sold Price
4 beds
2 baths
—sq ft
501 Kendall Ave S, Thief River Falls, MN 56701
List Price
$254,500
Sale to List
7% under list
Days on Market
354 days
501 Kendall Ave S, Thief River Falls, MN 56701
SOLD NOV 22, 2024
$225,000 Last Sold Price
3 beds
3 baths
—sq ft
1207 Edgewood Dr, Thief River Falls, MN 56701
List Price
$256,000
Sale to List
12% under list
Days on Market
176 days
1207 Edgewood Dr, Thief River Falls, MN 56701
SOLD NOV 22, 2024
$162,000 Last Sold Price
3 beds
3 baths
—sq ft
326 Kendall Ave N, Thief River Falls, MN 56701
List Price
$159,000
Sale to List
2% over list
Days on Market
231 days
326 Kendall Ave N, Thief River Falls, MN 56701
SOLD NOV 21, 2024
$186,500 Last Sold Price
4 beds
2 baths
—sq ft
1215 Edgewood Dr, Thief River Falls, MN 56701
List Price
$184,500
Sale to List
1% over list
Days on Market
113 days
1215 Edgewood Dr, Thief River Falls, MN 56701
See all recently sold homes in 56701.
See listings

Schools in 56701

Learn about schools in the 56701 area

Elementary
Middle
High

GreatSchools Rating

5/10 Challenger Elementary School Public • PreK-5	831 Students	3 reviews
NR Viking Elementary School Public • PreK-2	93 Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on 56701 housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in 56701.

Heat Factor - Minimal

99% of properties are at minimal risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for 56701

New Listings in 56701

Nearby Zip Code Housing Markets

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