Is $150,000 a good price for a home in Thief River Falls?

According to BuyPulse, 933 Labree Avenue N rates Excellent Value — at $61/sqft it's priced 53% below the typical Thief River Falls single-family home of $130/sqft. Its negotiating-position score is 80/100 (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 933 Labree Avenue N have a basement?

Yes, 933 Labree Avenue N has a basement with 396 sq ft of below-grade space.

What type of heating and cooling does 933 Labree Avenue N have?

933 Labree Avenue N has Forced Air heating and Central Air cooling.

Where is 933 Labree Avenue N located?

933 Labree Avenue N is in the Fairfield neighborhood of Thief River Falls, MN 56701, in Pennington County.

Is 933 Labree Avenue N still available?

Yes — 933 Labree 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 933 Labree Avenue N built?

933 Labree Avenue N was built in 1912. It features concrete construction and a block foundation.

Does 933 Labree Avenue N have main-floor laundry?

Yes — the laundry at 933 Labree Avenue N is on the main level.

How walkable is 933 Labree Avenue N?

933 Labree Avenue N has a Walk Score of 43/100 (Car-Dependent) and a Bike Score of 46/100 (Minimal Bike Infrastructure).

How many homes like 933 Labree Avenue N are for sale in Thief River Falls?

14 similar homes (single-family homes between $113K and $188K in Thief River Falls) are for sale right now — you have options.

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.

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 1 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 2 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 3 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 4 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 5 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 6 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 7 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 8 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 9 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 10 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 11 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 12 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 13 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 14 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 15 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 16 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 17 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 18 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 19 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 20 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 21 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 22 of 23)

1912 single family home for sale at 933 Labree Avenue N in Thief River Falls, MN — 4 bed, 2 bath (photo 23 of 23)

933 Labree Avenue N, Thief River Falls, MN 56701

4 Beds | 2 Baths | 2,466 Sq Ft | Single Family Home | MLS# 7057332

M Markdowns — Price Reduced — was $158,500 (↓ $8,500)

$150,000

Is 933 Labree Avenue N a Good Deal?

BuyPulse Verdict

Excellent Value

At $61/sqft — This home is priced 53% below the typical Thief River Falls single-family home of $130/sqft.

Your Negotiating Position

80 — Strong buyer leverage

Day 175 — Thief River Falls homes overall typically go under contract by day ~20. This one is past that window.

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

This seller already cut $8,500 — motivation showing.

$1,056/month Estimated

Principal & interest: $758
Property taxes: $210
Home insurance (est.): $88
HOA dues: None

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

Estimates only; confirm before you offer.

Thief River Falls, MN Active

Located in Fairfield Add, Thief River Falls, MN.

About This Home

Welcome to this Spacious 4 Bed 2 Bath Home on a Corner lot with Nice size fenced in back yard. This Home offers so much Character. Lots of storage space. Newer Main floor Bathroom Fixtures. Fresh Paint and Newer Flooring on Main Level. Recess Lighting in Kitchen. Nice Size Main Floor Laundry area.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $113K and $188K in Thief River Falls:

The field: 14 similar Thief River Falls homes for sale — you have options.

Key Features

Built: 1912
Garage: 2-Car
Style: One and One Half
HOA: None
Annual Taxes: $2,522 (2026)

Property Details

Property Type: Single Family
Above Grade Sq Ft: 2,070
Below Grade Sq Ft: 396
Lot Size: 7,980 sqft
Basement: Yes
Roof: Age Over 8 Years
Construction: Concrete
County: Pennington
List Date: 2026-04-20
Days on Market: 175 days
Parcel ID: 2502208700

Financial

Total Tax incl. Assessments: $2,522

Home Systems & Utilities

Heating: Forced Air
Cooling: Central Air
Electric: Circuit Breakers
Water: City Water/Connected
Sewer: City Sewer/Connected
Appliances: Dishwasher, Range, Refrigerator, Stainless Steel Appliances

Interior Features

Laundry: Main Level

Construction & Exterior

Construction & Structure

Foundation Type: Block
Foundation Area: 396 sqft
Total Building Area: 2,466 sqft

Exterior Features

Exterior Features: Vinyl
Fenced Area: Yes
Other Structures: Storage Shed
Accessibility Features: None

Parking & Garage

Parking Features: Attached Garage, Detached Garage, Concrete

Lot & Land

Lot Features: Corner Lot
Zoning Description: Residential-Single Family

Agent & Office

List Office: Greenberg Realty

Price History

Reduced $22,900 (13.2%)

Price reduced to $172,900 — May 19, 2026
Price reduced to $162,500 — Jun 7, 2026
Price reduced to $158,500 — Jul 7, 2026
Price reduced to $150,000 — Jul 24, 2026

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

Showing — 933 Labree 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 Greenberg 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# 7057332 · Data refreshed September 15, 2026

Similar Homes for Sale Near 933 Labree Avenue N, Thief River Falls, MN

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

Frequently Asked Questions About 933 Labree Avenue N

Is $150,000 a good price for a home in Thief River Falls?: According to BuyPulse, 933 Labree Avenue N rates Excellent Value — at $61/sqft it's priced 53% below the typical Thief River Falls single-family home of $130/sqft. Its negotiating-position score is 80/100 (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 933 Labree Avenue N have a basement?: Yes, 933 Labree Avenue N has a basement with 396 sq ft of below-grade space.
What type of heating and cooling does 933 Labree Avenue N have?: 933 Labree Avenue N has Forced Air heating and Central Air cooling.
Where is 933 Labree Avenue N located?: 933 Labree Avenue N is in the Fairfield neighborhood of Thief River Falls, MN 56701, in Pennington County.
Is 933 Labree Avenue N still available?: Yes — 933 Labree 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 933 Labree Avenue N built?: 933 Labree Avenue N was built in 1912. It features concrete construction and a block foundation.
Does 933 Labree Avenue N have main-floor laundry?: Yes — the laundry at 933 Labree Avenue N is on the main level.
How walkable is 933 Labree Avenue N?: 933 Labree Avenue N has a Walk Score of 43/100 (Car-Dependent) and a Bike Score of 46/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 933 Labree Avenue N are for sale in Thief River Falls?: 14 similar homes (single-family homes between $113K and $188K in Thief River Falls) are for sale right now — you have options.
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, 6:31 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.