Is $165,000 a good price for a home in Thief River Falls?

According to BuyPulse, 720 Arnold Avenue N rates Fair Market Value — at $143/sqft it's priced 10% above the typical Thief River Falls single-family home of $130/sqft. Its negotiating-position score is 72/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Thief River Falls homes are closing versus list. Powered by the Realgorithm™.

Does 720 Arnold Avenue N have a basement?

Yes, 720 Arnold Avenue N has a basement.

What type of heating and cooling does 720 Arnold Avenue N have?

720 Arnold Avenue N has Forced Air heating and Central Air cooling.

Where is 720 Arnold Avenue N located?

720 Arnold Avenue N is in the Highland neighborhood of Thief River Falls, MN 56701, in Pennington County.

Is 720 Arnold Avenue N still available?

Yes — 720 Arnold 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 720 Arnold Avenue N built?

720 Arnold Avenue N was built in 1905. It features a other foundation.

How walkable is 720 Arnold Avenue N?

720 Arnold Avenue N has a Walk Score of 48/100 (Car-Dependent) and a Bike Score of 46/100 (Minimal Bike Infrastructure).

How many homes like 720 Arnold Avenue N are for sale in Thief River Falls?

13 similar homes (single-family homes between $124K and $206K in Thief River Falls) are for sale right now — you have options.

Do homes in Thief River Falls sell for asking price?

69% 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 Markdowns" mean?

M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.

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.

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 1 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 2 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 3 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 4 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 5 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 6 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 7 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 8 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 9 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 10 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 11 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 12 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 13 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 14 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 15 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 16 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 17 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 18 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 19 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 20 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 21 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 22 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 23 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 24 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 25 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 26 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 27 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 28 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 29 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 30 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 31 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 32 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 33 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 34 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 35 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 36 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 37 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 38 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 39 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 40 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 41 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 42 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 43 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 44 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 45 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 46 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 47 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 48 of 49)

1905 single family home for sale at 720 Arnold Avenue N in Thief River Falls, MN — 3 bed, 2 bath (photo 49 of 49)

720 Arnold Avenue N, Thief River Falls, MN 56701

3 Beds | 2 Baths | 1,151 Sq Ft | Single Family Home | MLS# 7142467

Price Reduced — was $169,900 (↓ $4,900) · M Markdowns

$165,000

Is 720 Arnold Avenue N a Good Deal?

BuyPulse Verdict

Fair Market Value

At $143/sqft — This home is priced 10% above the typical Thief River Falls single-family home of $130/sqft.

Your Negotiating Position

72 — Strong buyer leverage

Day 31 — Thief River Falls homes overall typically go under contract by day ~20. This one is past that window.

69% of recent sales closed at or over asking — Thief River Falls sellers rarely discount.

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

This seller already cut $4,900 — motivation showing.

$1,133/month Estimated

Principal & interest: $834
Property taxes: $203
Home insurance (est.): $96
HOA dues: None

20% down ($33,000) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Thief River Falls, MN Active

Located in Highland Add, Thief River Falls, MN.

About This Home

Motivated Seller Charming and beautifully updated 3-bedroom, 2-bathroom home featuring a spacious fenced-in backyard perfect for pets, play, and outdoor living. Inside, you’ll find a bright and inviting floor plan with modern finishes, an updated kitchen, and comfortable bedrooms. Move-in ready and full of character, this home offers both style and convenience in a fantastic location. Don’t miss this one!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $124K and $206K in Thief River Falls:

The field: 13 similar Thief River Falls homes for sale — you have options.
Negotiation: 69% of the last 16 sales here closed at or over list — Thief River Falls doesn't discount.

Key Features

Built: 1905
Garage: 1-Car Detached
Style: One and One Half
HOA: None
Annual Taxes: $2,436 (2025)

Property Details

Property Type: Single Family
Above Grade Sq Ft: 1,151
Lot Size: 0.16 acres
Basement: Yes
County: Pennington
List Date: 2026-09-11
Days on Market: 31 days
Parcel ID: 2501503950

Financial

Total Tax incl. Assessments: $2,436

Home Systems & Utilities

Heating: Forced Air
Cooling: Central Air
Water: City Water/Connected
Sewer: City Sewer/Connected

Construction & Exterior

Construction & Structure

Foundation Type: Other
Foundation Area: 706 sqft
Total Building Area: 1,151 sqft

Exterior Features

Exterior Features: Vinyl
Accessibility Features: None

Parking & Garage

Parking Features: Detached Garage

Lot & Land

Zoning Description: Residential-Single Family

Agent & Office

List Office: Hometown Realty

Price History

Price reduced to $165,000 — Oct 9, 2026

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

Showing — 720 Arnold 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.

See all Thief River Falls homes ›

Listed by Hometown Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7142467 · Data refreshed October 9, 2026

Similar Homes for Sale Near 720 Arnold Avenue N, Thief River Falls, MN

See all homes for sale in Thief River Falls, MN →

Frequently Asked Questions About 720 Arnold Avenue N

Is $165,000 a good price for a home in Thief River Falls?: According to BuyPulse, 720 Arnold Avenue N rates Fair Market Value — at $143/sqft it's priced 10% above the typical Thief River Falls single-family home of $130/sqft. Its negotiating-position score is 72/100 (Strong buyer leverage), 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.
Does 720 Arnold Avenue N have a basement?: Yes, 720 Arnold Avenue N has a basement.
What type of heating and cooling does 720 Arnold Avenue N have?: 720 Arnold Avenue N has Forced Air heating and Central Air cooling.
Where is 720 Arnold Avenue N located?: 720 Arnold Avenue N is in the Highland neighborhood of Thief River Falls, MN 56701, in Pennington County.
Is 720 Arnold Avenue N still available?: Yes — 720 Arnold 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 720 Arnold Avenue N built?: 720 Arnold Avenue N was built in 1905. It features a other foundation.
How walkable is 720 Arnold Avenue N?: 720 Arnold Avenue N has a Walk Score of 48/100 (Car-Dependent) and a Bike Score of 46/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 720 Arnold Avenue N are for sale in Thief River Falls?: 13 similar homes (single-family homes between $124K and $206K in Thief River Falls) are for sale right now — you have options.
Do homes in Thief River Falls sell for asking price?: 69% 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 Markdowns" mean?: M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
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.

Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 1:17 AM 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.