Comprehensive market data and analysis• Updated Dec 2025
25.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 2 | 2 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | 1 | 1 | 2 |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | 2 | 10 |
| 50-100 acres | - | - | - | 2 |
| 100+ acres | - | - | - | 1 |
| TOTAL | 1 | 3 | 5 | 19 |
Acreage buckets
The median price for land in Thief River Falls, Minnesota is currently $3K per acre. For a typical parcel, the median sale price is $68K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $212K.
Thief River Falls, Minnesota is currently a strong buyer's market with 25.0 months of supply. Buyers have more negotiating power and can take time to find the right property.
Thief River Falls, Minnesota currently has 25.0 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 25 active listings in Thief River Falls, Minnesota. 15 new listings have hit the market in the last 90 days. The median asking price is $63K.
The median land price in Thief River Falls, Minnesota stands at $68K. This translates to roughly $3K per acre for the typical parcel size. The average price is $92K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Thief River Falls, Minnesota is 4.0% (3-month basis), indicating slow demand. The top-performing broker in this market is McMullen Realty.
Land in Thief River Falls, Minnesota typically sells within 253 days of listing. The median time on market is 215 days. Properties are moving slowly in the current strong buyer's market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
