There are currently 274 real estate properties in Thief River Falls, MN, with a median automated valuation model (AVM) price of $171,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Thief River Falls, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Thief River Falls, MN, is $191,973.00, with the most expensive house in Thief River Falls, MN, topping out at $576,600.00 and the cheapest home in Thief River Falls, MN, clocking in at $74,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Thief River Falls, MN!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Thief River Falls, MN, is on a rollercoaster ride. The average rent price in Thief River Falls, MN, is $1,230.00. Indeed, when looking to rent in Thief River Falls, MN, you can expect to pay as little as $770.00 or as much as $2,000.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Thief River Falls, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Thief River Falls, MN area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Thief River Falls, MN and much more. Save thousands at closing with home foreclosure listings in Thief River Falls, MN — up to 75% off market value!
Thief River Falls is located in Pennington, Minnesota, with an estimated municipal population of 8,828 residents. All of the best foreclosed homes for sale in Thief River Falls are located in the following zip code areas on Foreclosure.com: 56701. The estimated population per square kilometer (.62 miles) in Thief River Falls is 602.
So, about how much do homes cost in Thief River Falls? The most recent median value of resident-owned homes in Thief River Falls is 135,184. An estimated 63.6 percent of households in Thief River Falls own their homes, with an average family size of 2.9. The median household income in Thief River Falls is 49,790, with16 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Thief River Falls, the median commute time of resident workers (in minutes) is 11.8. And last, but certainly not least, are you looking for homes to rent in Thief River Falls? If so, the average rent price paid by renters in Thief River Falls is 693, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Thief River Falls, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Thief River Falls is 39.1, split between 48.5 percent male versus 51.5 female. The percentage of residents who report being married in Thief River Falls is 41.8, with an average family size of 2.9.
The percentage of residents who report their race in Thief River Falls is as follows:
|Black / African American||1.6%|
|American Indian / Alaskan Native||1.9%|
|Native Hawaiian / Other Pacifc Islander||0%|
Looking for family-friendly neighborhoods in and/or near Thief River Falls? Or maybe you are searching for 55+ active adult communities in and/or near Thief River Falls?
The percentage of residents who report their age in Thief River Falls is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Thief River Falls with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Thief River Falls.
How do you know that living in -- or moving to -- Thief River Falls is right where you need to be? Perhaps you grew up in Thief River Falls or already live nearby; therefore, the decision to buy a home in Thief River Falls is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Thief River Falls for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Thief River Falls:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Thief River Falls.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Thief River Falls can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Thief River Falls, meanwhile, can field multiple offers from more qualified buyers.