1955 single family home for sale at 525 State Avenue N in Thief River Falls, MN — 3 bed, 1 bath (photo 1 of 48)

525 State Avenue N, Thief River Falls, MN 56701

M Premiere — Just Listed — listed October 16, 2026

3 Beds | 1 Bath | 1,125 Sq Ft | Single Family Home | MLS# 7161093

$191,500

$1,373/month Estimated

Principal & interest
$968
Property taxes
$255
Home insurance (est.)
$112
Special assessments
$38
HOA dues
None

20% down ($38,300) · 30-yr fixed, 6.5% · Can I afford this home?

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Thief River Falls, MN Active

Located in Hemmingstons Add, Thief River Falls, MN.

About This Home

Charming, easy living with a garage that’s hard to find! This 3-bedroom, 1-bath home offers a functional single-level floor plan, lovely exposed ceiling beams, LVP flooring, newer carpet, and custom cabinetry. But the real showstopper? A 30x40 detached, heated garage with room for hobbies, storage, projects, and all the extras that need a place of their own. Whether you need workshop space, room for your toys, or simply extra storage, this property offers a rare combination of comfortable living and versatile garage space. Don’t miss your chance to check it out!

BuyPulse · Live market read

Is 525 State Avenue N a Good Deal?

At $170/sqft, this home is priced $38/sqft above the typical Thief River Falls single-family home of $132/sqft.

The median list price in Thief River Falls is $187,900.

Verdict: Premium Pricing

Your negotiating position

42 Seller-leaning market

Seller's market · Balanced · Buyer leverage

Day 1 — similar homes typically go under contract by day ~20, so this one is early in its window.

63% of recent sales closed at or over asking — Thief River Falls sellers rarely discount.

14 similar homes for sale — alternatives if they won't move.

Homes like this one — single-family homes between $144K and $239K in Thief River Falls:

  • The field: 14 similar Thief River Falls homes for sale — you have options.
  • Tempo: homes like this went pending in a median 20 days — 1 of the last 9 inside 4 days.
  • Negotiation: 63% of the last 16 sales here closed at or over list — Thief River Falls doesn't discount.
  • Price cuts: 7 of 14 similar homes have trimmed asking — median trim $5,000. This one hasn't budged.

Powered by the Realgorithm™ — 16 real Thief River Falls closings, zero guesses · NorthstarMLS

Key Features

Built
1955
Garage
2-Car Detached
Style
One
HOA
None
Annual Taxes
$3,065.94 (2026)
Specials/yr
$452

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,125
Lot Size
0.192 acres
Basement
No
Roof
Asphalt
County
Pennington
List Date
2026-10-16
Days on Market
1 day
Parcel ID
2500402760

Financial

Total Tax incl. Assessments
$3,518
Specials Pending
No

Home Systems & Utilities

Heating
Forced Air
Cooling
Central Air
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Interior Features

Laundry
Main Level

Construction & Exterior

Construction & Structure

Foundation Type
Other
Foundation Area
1,125 sqft
Total Building Area
1,125 sqft

Exterior Features

Exterior Features
Vinyl
Fenced Area
Yes
Accessibility Features
No Stairs Internal

Parking & Garage

Parking Features
Detached Garage

Lot & Land

Lot Features
Corner Lot
Zoning Description
Residential-Single Family

Agent & Office

List Office
Rogue Real Estate Co.

Price History

Listed at $191,500 on Oct 16, 2026 — No price changes

525 State Avenue N is listed in Thief River Falls, MN, part of Pennington County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 525 State Avenue N

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Thief River Falls real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Rogue Real Estate Co. · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7161093 · Data refreshed October 17, 2026

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Frequently Asked Questions About 525 State Avenue N

Is $191,500 a good price for a home in Thief River Falls?
According to BuyPulse, 525 State Avenue N rates Premium Pricing — at $170/sqft it's priced 29% above the typical Thief River Falls single-family home of $132/sqft. Its negotiating-position score is 42/100 (Seller-leaning market), weighed on days on market, comparable inventory, and how Thief River Falls homes are closing versus list. Powered by the Realgorithm™. Browse Thief River Falls homes for sale to compare.
What are the special assessments at 525 State Avenue N — and what do they mean?
This property has $452/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $3,065.94/yr. Always factor both into your total monthly housing cost before making an offer.

What special assessments cost in Fargo-Moorhead — live figures on every home for sale.

What type of heating and cooling does 525 State Avenue N have?
525 State Avenue N has Forced Air heating and Central Air cooling.
Where is 525 State Avenue N located?
525 State Avenue N is in the Hemmingstons neighborhood of Thief River Falls, MN 56701, in Pennington County.
Is 525 State Avenue N still available?
Yes — 525 State Avenue N is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 525 State Avenue N built?
525 State Avenue N was built in 1955. It features an asphalt roof and a other foundation.
Does 525 State Avenue N have main-floor laundry?
Yes — the laundry at 525 State Avenue N is on the main level.
How many homes like 525 State Avenue N are for sale in Thief River Falls?
14 similar homes (single-family homes between $144K and $239K in Thief River Falls) are for sale right now — you have options.
How fast do homes like 525 State Avenue N sell in Thief River Falls?
Homes like this one (single-family homes between $144K and $239K in Thief River Falls) went pending in a median 20 days over the last 90 days — 1 of the last 9 went under contract within 4 days.
Do homes in Thief River Falls sell for asking price?
63% of the last 16 comparable Thief River Falls sales closed at or over list price — Thief River Falls doesn't discount. Based on real NorthstarMLS closings, not estimates.
What does "M Premiere" mean?
M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
What does "BuyPulse" mean?
BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
What does "Realgorithm™" mean?
The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Thief River Falls area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/17/2026, 6:09 PM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.