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Pennington County, MN Real Estate & Property Data

Pennington County Real Estate Market Trends

Last Updated: September 20, 2025

With up-to-date real estate data get detailed insight into Pennington County, MN sourced from the nation’s leading property data provider. The current median home price in Pennington County, MN is $294,000. Pennington County real estate data shows that there have been a total of 172 residential properties sold over the past 12 months.

Pennington County Real Estate Market Trends

Get property data for any address in Pennington County, MN or the country:

Total Residential Properties 4,688

Total Commercial Properties 493

Avg. Home Age (Single Family Home) 64 Years

Avg. Square Feet (Single Family Home) 3,463

Total 2025 Residential Sales (year-to-date) 76

% of Homes Seriously Underwater (Q3 2025) 1.58%

Total 2024 Residential Sales 169

% of Equity Rich Homes (Q3 2025) 21.1%

Effective 2024 Property Tax 1.3%

Total Foreclosure Filings (year-to-date) 7

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Pennington County, MN Real Estate Overview

There were 172 residential properties sold in the past year in Pennington County, MN. The median home value in Pennington County, MN is $172,807. There are a total of 4,688 residential properties in the Pennington.

Median Sales Price i

$294,000

(Jul 2025)

+87.9%

year-over-year

y-o-y

July '25 Jul '25 $294,000
June '25 Jun '25 $207,000
May '25 May '25 $196,000
April '25 Apr '25 $125,152
March '25 Mar '25 $190,000
February '25 Feb '25 $245,500
January '25 Jan '25 $225,000
December '24 Dec '24 $159,700
November '24 Nov '24 $155,200
October '24 Oct '24 $232,000
September '24 Sep '24 $200,000
August '24 Aug '24 $165,000

Median Down Payment i

$62,600

(Jul 2025)

+555.5%

year-over-year

y-o-y

July '25 Jul '25 $62,600
June '25 Jun '25 $7,050
May '25 May '25 $4,547
April '25 Apr '25 $6,250
March '25 Mar '25 $25,000
February '25 Feb '25 $43,947
January '25 Jan '25 $15,150
December '24 Dec '24 $6,817
November '24 Nov '24 $13,500
October '24 Oct '24 $22,800
September '24 Sep '24 $22,500
August '24 Aug '24 $19,400

Number of Homes Sold i

15

(Jul 2025)

year-over-year

y-o-y

July '25 Jul '25 15
June '25 Jun '25 8
May '25 May '25 15
April '25 Apr '25 3
March '25 Mar '25 14
February '25 Feb '25 9
January '25 Jan '25 12
December '24 Dec '24 17
November '24 Nov '24 15
October '24 Oct '24 21
September '24 Sep '24 16
August '24 Aug '24 12

Number of Purchase Loans i

9

(Jul 2025)

-18.2%

year-over-year

y-o-y

July '25 Jul '25 9
June '25 Jun '25 6
May '25 May '25 11
April '25 Apr '25 7
March '25 Mar '25 8
February '25 Feb '25 6
January '25 Jan '25 8
December '24 Dec '24 16
November '24 Nov '24 13
October '24 Oct '24 21
September '24 Sep '24 15
August '24 Aug '24 10

Number of REFI Loans i

12

(Jul 2025)

+71.4%

year-over-year

y-o-y

July '25 Jul '25 12
June '25 Jun '25 18
May '25 May '25 9
April '25 Apr '25 6
March '25 Mar '25 4
February '25 Feb '25 4
January '25 Jan '25 5
December '24 Dec '24 14
November '24 Nov '24 7
October '24 Oct '24 9
September '24 Sep '24 9
August '24 Aug '24 11

Number of HELOC Loans i

2

(Jul 2025)

-50%

year-over-year

y-o-y

July '25 Jul '25 2
June '25 Jun '25 3
May '25 May '25 3
April '25 Apr '25 3
March '25 Mar '25 2
February '25 Feb '25 4
January '25 Jan '25 3
December '24 Dec '24 N/A
November '24 Nov '24 3
October '24 Oct '24 5
September '24 Sep '24 1
August '24 Aug '24 4

Pennington County, MN Real Estate Market Overview

Last 30 days

City

Median Est. Value
City

Median Est. Value
City

Median Est. Value

Goodridge

$129,570 $90.82/sqft
Saint Hilaire

$134,000
Thief River Falls

$172,807 $49.9/sqft

Pennington County, MN Foreclosure Activity

Total Foreclosure Filings i

July '25 Jul '25 N/A
June '25 Jun '25 2
May '25 May '25 N/A
April '25 Apr '25 2
March '25 Mar '25 1
February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 4
October '24 Oct '24 2
September '24 Sep '24 1
August '24 Aug '24 1

Foreclosure Starts i

July '25 Jul '25 N/A
June '25 Jun '25 2
May '25 May '25 N/A
April '25 Apr '25 2
March '25 Mar '25 1
February '25 Feb '25 2
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 4
October '24 Oct '24 2
September '24 Sep '24 1
August '24 Aug '24 1

Completed Foreclosures (REOs) i

July '25 Jul '25 N/A
June '25 Jun '25 1
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 3
December '24 Dec '24 1
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A

Nearby Counties

1. Red Lake
2. Marshall
3. Polk
4. Roseau
5. Mahnomen
6. Kittson

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