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Median Home Price in Thief River Falls, MN

The median home value in Thief River Falls, MN is $190,792 as of 2026-07-31, down 2.87% from a year earlier.

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Median Home Value

$190,792

Year-over-Year

-2.87%

Population

8,816

Thief River Falls ranks #106 of 112 Minnesota cities tracked here by median home value, and sits 46.4% below the state's city median of $355,920. It sits in Pennington County, where the county-wide median is $197,064.

Housing affordability in Thief River Falls

Median household income in Thief River Falls is $71,144, so the typical home value is about 2.7× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Thief River Falls

Thief River Falls police recorded a violent crime rate of 91 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 1,395 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Thief River Falls

What is the average home price in Thief River Falls, MN?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Thief River Falls, that value is $190,792. That's down 2.87% from a year earlier. It is about 46.4% below the typical Minnesota city tracked here.

Is Thief River Falls expensive compared to the surrounding area?

Homes in Thief River Falls are cheaper than Pennington County as a whole, where the median is $197,064 — a difference of about 3.2%.

Is Thief River Falls affordable?

Median household income here is $71,144, so the typical home value is about 2.7× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Thief River Falls a safe place to live?

Thief River Falls police reported 91 violent crimes per 100,000 residents, covering a population of about 8,816. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.