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County Overview

Pennington County, MN

Aggregate real estate market report across county ZIPs
Buyer's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The Pennington County, MN real estate market currently shows 77 active listings, with 18 pending sales. Homes are averaging 76 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 76 days on market compared to 66 days last year.

The median listing price has fallen 9.2% year-over-year, from $203,250 to $184,450.

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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
77
⇧ 8.5% vs 71 last year
Pending
18
23% pending ratio
Median Price
$184,450
⇩ 9.2% vs $203,250 last year
Average Price
$233,119
⇧ 1.6% vs $229,353 last year
Days on Market
76
⇧ 15.2% vs 66 days last year

Price Per Square Foot

Median $/sqft
$118
⇩ 3.3% vs $122/sqft last year
Median Home Size
1,789 sqft
Typical listing size
12-Month $/sqft Trend

Sale-to-List Price Dynamics

At Original Price
99.8%
Listings with no price change
Price Reduced
0.2%
⇧ 22.4% vs 0.2% 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 %