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County Overview

Pennington County, MN

Aggregate real estate market report across county ZIPs
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

Data as of July 2026. Source: Realtor.com.

The Pennington County, MN real estate market currently shows 68 active listings, with 13 pending sales. Homes are averaging 103 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 103 days on market compared to 64 days last year.

The median listing price has fallen 0.1% year-over-year, from $190,000 to $189,750.

Whether you are buying or selling in Pennington County, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 14,352  ·  Density: 11.9/mi²  ·  Median household income: $72,160

Typical home value: $175,790  ·  Homeownership: 73.3%

Included Areas

Goodridge: 56725

Saint Hilaire: 56754

Thief River Falls: 56701

Area Map

Market Overview

Active Listings
68
⇩ 12.8% vs 78 last year
Pending
13
19% pending ratio
Median Price
$189,750
⇩ 0.1% vs $190,000 last year
Average Price
$214,486
⇩ 4.6% vs $224,866 last year
Days on Market
103
⇧ 60.9% vs 64 days last year

Price Per Square Foot

Median $/sqft
$120
⇧ 0.8% vs $119/sqft last year
Median Home Size
1,796 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
100%
Listings with no price change
Price Reduced
0%
⇩ 92.2% vs 0.1% last year
12-Month Price Reduction Trend

Based on listing price changes before sale/pending as a proxy for sale-to-list dynamics. Source: Realtor.com.

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %