Zip Code: 56701 (Thief River Falls, Minnesota) - Trend of Zillow Home Value Index (ZHVI) for All Homes (SFR, Condo/Co-op), Smooth and Seasonally Adjusted (Zillow)
Updated on February 21, 2026.

According to data from Zillow.com, the smoothed and seasonally adjusted Zillow home value index (ZHVI) for All Homes (SFR, Condo/Co-op) in the 56701 Zip Code (Thief River Falls, Minnesota) in January 2026 was $191,382.78. The month over month percentage change (MoM) was 0.28%, and the year over year percentage change (YoY) was -3.33%.

The chart below shows the trend of the smoothed and seasonally adjusted ZHVI for the 56701 zip code (Thief River Falls, Minnesota). The table below shows the trend of the smoothed and seasonally adjusted ZHVI, and the MoM and YoY percentage changes for the 56701 zip code (Thief River Falls, Minnesota).

You can see similar information for other Minnesota zip codes, and for Minnesota.

Note: Zillow Home Value Index (ZHVI) is a measure of the typical home value and market changes across a given region and housing type. It reflects the typical value for homes in the 35th to 65th percentile range.

Data Source: Zillow.
Zip Code: 56701 (Thief River Falls, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted ($)
Zip Code: 56701 (Thief River Falls, Minnesota) - Trend of Zillow Home Value Index (ZHVI), Smooth and Seasonally Adjusted
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Month ZHVI ($) MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2015 173212.05762816887 0.10 5.47
Feb 2015 173265.95994514276 0.03 4.85
Mar 2015 173414.6577680245 0.09 4.36
Apr 2015 173387.7208087412 -0.02 3.81
May 2015 173588.02845613752 0.12 3.52
Jun 2015 174450.1178833941 0.50 3.04
Jul 2015 175027.6442342561 0.33 2.53
Aug 2015 175912.9124774076 0.51 2.29
Sep 2015 176642.38077837124 0.42 2.33
Oct 2015 178243.40901801063 0.91 3.02
Nov 2015 179295.4269990866 0.59 3.54
Dec 2015 180126.00764420614 0.46 4.09
Jan 2016 180266.84459949742 0.08 4.07
Feb 2016 180354.77848751625 0.05 4.09
Mar 2016 180560.28974409754 0.11 4.12
Apr 2016 181864.21665071175 0.72 4.89
May 2016 183939.29467175622 1.14 5.96
Jun 2016 186324.14997546235 1.30 6.81
Jul 2016 187596.4097609592 0.68 7.18
Aug 2016 188588.54697394822 0.53 7.21
Sep 2016 189144.27520908148 0.30 7.08
Oct 2016 189485.36638098696 0.18 6.31
Nov 2016 189515.48184401428 0.02 5.70
Dec 2016 189634.91587320864 0.06 5.28
Jan 2017 190121.87738596267 0.26 5.47
Feb 2017 190217.84982373193 0.05 5.47
Mar 2017 190073.79907967034 -0.08 5.27
Apr 2017 189391.86970194287 -0.36 4.14
May 2017 188907.32171349696 -0.26 2.70
Jun 2017 188226.06429854248 -0.36 1.02
Jul 2017 188064.5567803594 -0.09 0.25
Aug 2017 187656.83553847842 -0.22 -0.49
Sep 2017 186836.05061410475 -0.44 -1.22
Oct 2017 185908.81533769754 -0.50 -1.89
Nov 2017 185098.39514299095 -0.44 -2.33
Dec 2017 184610.9438672373 -0.26 -2.65
Jan 2018 184496.1640020303 -0.06 -2.96
Feb 2018 185060.75640242372 0.31 -2.71
Mar 2018 186856.79752072858 0.97 -1.69
Apr 2018 188134.37954394388 0.68 -0.66
May 2018 188640.96017422658 0.27 -0.14
Jun 2018 187742.8015441807 -0.48 -0.26
Jul 2018 186931.62987605692 -0.43 -0.60
Aug 2018 185764.6280417377 -0.62 -1.01
Sep 2018 184473.34365239026 -0.69 -1.26
Oct 2018 183003.71166307855 -0.80 -1.56
Nov 2018 182607.6035271145 -0.22 -1.35
Dec 2018 182801.7995357633 0.11 -0.98
Jan 2019 183356.62780670542 0.30 -0.62
Feb 2019 183821.54799956214 0.25 -0.67
Mar 2019 184607.27547828888 0.43 -1.20
Apr 2019 185504.43863525498 0.49 -1.40
May 2019 185819.97512452444 0.17 -1.49
Jun 2019 185939.12225772894 0.06 -0.96
Jul 2019 185739.81191777033 -0.11 -0.64
Aug 2019 185372.2770870593 -0.20 -0.21
Sep 2019 184562.86072801202 -0.44 0.05
Oct 2019 183901.9998239005 -0.36 0.49
Nov 2019 184107.83080273645 0.11 0.82
Dec 2019 185581.3719995953 0.80 1.52
Jan 2020 186816.86040860147 0.67 1.89
Feb 2020 187648.51769609225 0.45 2.08
Mar 2020 187704.19510966435 0.03 1.68
Apr 2020 188101.55343235075 0.21 1.40
May 2020 188909.74839138772 0.43 1.66
Jun 2020 189029.00462593502 0.06 1.66
Jul 2020 189212.4131693199 0.10 1.87
Aug 2020 189352.35369651768 0.07 2.15
Sep 2020 191144.2000470845 0.95 3.57
Oct 2020 192726.29701093305 0.83 4.80
Nov 2020 193666.68575483144 0.49 5.19
Dec 2020 192870.8857957454 -0.41 3.93
Jan 2021 192126.81439942555 -0.39 2.84
Feb 2021 191562.3037122119 -0.29 2.09
Mar 2021 191510.12109001816 -0.03 2.03
Apr 2021 191342.5192088131 -0.09 1.72
May 2021 191804.26940747307 0.24 1.53
Jun 2021 193342.45707976108 0.80 2.28
Jul 2021 194994.99699650402 0.86 3.06
Aug 2021 195737.06057682392 0.38 3.37
Sep 2021 195541.30263998348 -0.10 2.30
Oct 2021 195748.34659808347 0.11 1.57
Nov 2021 196880.4545031774 0.58 1.66
Dec 2021 198426.81371530774 0.79 2.88
Jan 2022 200696.3369302886 1.14 4.46
Feb 2022 202970.46529481767 1.13 5.96
Mar 2022 205083.8593811622 1.04 7.09
Apr 2022 207435.54580865768 1.15 8.41
May 2022 209464.6636521529 0.98 9.21
Jun 2022 211639.44418728305 1.04 9.46
Jul 2022 212282.1348207052 0.30 8.87
Aug 2022 212216.98017996163 -0.03 8.42
Sep 2022 211477.39513334446 -0.35 8.15
Oct 2022 210580.48082856575 -0.42 7.58
Nov 2022 209513.57653653188 -0.51 6.42
Dec 2022 208101.55078679835 -0.67 4.88
Jan 2023 206747.31094232446 -0.65 3.02
Feb 2023 205034.10968925248 -0.83 1.02
Mar 2023 204347.87607359784 -0.33 -0.36
Apr 2023 204263.58113703647 -0.04 -1.53
May 2023 205027.560147693 0.37 -2.12
Jun 2023 204324.83037501344 -0.34 -3.46
Jul 2023 202875.78602158497 -0.71 -4.43
Aug 2023 201641.66146526326 -0.61 -4.98
Sep 2023 200619.8235632852 -0.51 -5.13
Oct 2023 199838.40779141095 -0.39 -5.10
Nov 2023 198937.46445422233 -0.45 -5.05
Dec 2023 197730.1312625118 -0.61 -4.98
Jan 2024 195694.34852396089 -1.03 -5.35
Feb 2024 194088.14669012604 -0.82 -5.34
Mar 2024 193705.05710176693 -0.20 -5.21
Apr 2024 195075.69069231884 0.71 -4.50
May 2024 196205.22057025266 0.58 -4.30
Jun 2024 197533.72159959562 0.68 -3.32
Jul 2024 197559.69382275923 0.01 -2.62
Aug 2024 197329.84359994813 -0.12 -2.14
Sep 2024 196809.24390541346 -0.26 -1.90
Oct 2024 197188.27424632586 0.19 -1.33
Nov 2024 197276.92463477733 0.05 -0.83
Dec 2024 197450.49842526918 0.09 -0.14
Jan 2025 197967.4578709077 0.26 1.16
Feb 2025 199001.9477080118 0.52 2.53
Mar 2025 198949.9966734871 -0.03 2.71
Apr 2025 196971.72945215306 -0.99 0.97
May 2025 194259.09734316368 -1.38 -0.99
Jun 2025 192458.06684420168 -0.93 -2.57
Jul 2025 191615.66584605226 -0.44 -3.01
Aug 2025 191602.25215473783 -0.01 -2.90
Sep 2025 190809.25271868883 -0.41 -3.05
Oct 2025 190529.00634049135 -0.15 -3.38
Nov 2025 190125.0056203671 -0.21 -3.62
Dec 2025 190854.91097150804 0.38 -3.34
Jan 2026 191382.78021375378 0.28 -3.33