Pennington County, MN Home Values & Market Trends

The median home price in Pennington County, MN is $185,606.98. There were 162 home sales in Pennington County, MN over the past 12 months. The median residential Pennington County, MN home value for transactions over the previous year is $155,000. The number of current listings in Pennington County, MN is 3, and the percentage of properties for sale is 3.00%. The county has 1 foreclosures, 1 bank owned properties, 0 headed for auction, and 3 properties for sale.

Pennington County, MN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Thief River Falls

$ 172,262

$ 101/sqft

Saint Hilaire

$ --

$ --

Goodridge

$ --

$ --

Housing Market Summary for Pennington County, MN

Apr 2023March 2024Change
Median Listing Price$269K$172K-36.06%
Median Sold Price$180.4K$172K-4.66%
Homes For Sale33-
Homes Sold88902.27%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Pennington County, MN

Pennington County, MN home values range from $22,926 to $838,186. Thief River Falls is the priciest city with a median listing home price of $169,000, and Thief River Falls is most affordable with average house prices of around $169,000.

Foreclosure
There are 3 cities within Pennington County, MN; within these cities, the median estimated home value for homes in foreclosure ranges from $111,826 in Thief River Falls to the lowest value of $111,826 in Thief River Falls. Foreclosure homes account for 0.00% of properties in Pennington County, MN with Thief River Falls containing 1 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Pennington County, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 3 cities within Pennington County, MN; of those cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Pennington County, MN ranges from the highest value of $111,826 in Thief River Falls to the lowest value of $111,826 in Thief River Falls. Bank owned homes and properties account for 0.02% of properties in Pennington County, MN. There are 3 cities within Pennington County, MN; Thief River Falls containing 1 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of Pennington County, MN. Auction homes and other auction properties account for 0% of all properties in Pennington County, MN. There are 3 cities within Pennington County, MN; of those cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.07% of residential properties in Pennington County, MN with Thief River Falls containing 3 homes for sale, the highest number of listed properties in a single city. There are 3 cities within Pennington County, MN; homes for sale in those cities, have a range of median values from $286,048 in Thief River Falls to the lowest value of $135,000 in Thief River Falls.
    Sold Homes
    The median value for recently sold homes ranges from $184,902 in Saint Hilaire to the lowest price of $36,830 in Saint Hilaire. There are 3 cities within Pennington County, MN. Thief River Falls has 88 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.28% of properties in Pennington County, MN.

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      Guide for Pennington County, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
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      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
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      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Fix and Flip
      Tallahassee’s Real Estate Market A in Review 2023-2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Montgomery Housing Market Sees 8% Dip in Property Values: A Comparative Analysis with Surrounding Cities”
      Market Reports|posted 10 April 2024

      The blog post discusses the fluctuating real estate market in Montgomery, Alabama, comparing its property values, cost per square foot, and market activity with neighboring cities, revealing the dynamic nature of regional real estate.

      Tallahassee’s Real Estate Market A in Review 2023-2024
      Fix and Flip|posted 10 April 2024

      An analysis of the Tallahassee real estate market from April 2023 to March 2024 shows fluctuating property values and sale prices, yet consistently strong market activity, indicating a healthy and dynamic property landscape.

      Recently Listed Homes Pennington County, MN

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