International Falls, MN—56649
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — International Falls, MN
International Falls, MN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $151,000 | 4.3% |
| Single Family | $151,000 | 4.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $92,000 | 3.4% |
3 Bed | $153,000 | 6.2% |
4 Bed | $210,000 | 5.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — International Falls, MN
As of July '25, Rentcast reports the average rent in International Falls, MN is $945, with a year-over-year rent change of 54.9%. Per bedroom, the median rent as of July '25 in International Falls, MN is 1-bedrooms: $735, 2-bedrooms: $1,050. The most common rental property sizes in International Falls, MN are 1-bedroom and 3-bedroom, accounting for 34.2% and 30.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,000 | $945 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $735 | $735 |
| 2 Bed Rent | $1,000 | $1,050 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — International Falls, MN
As of Oct '25, Realtor.com reports that the median days on market for a home in International Falls, MN is 88. This is a increase of 24.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $234,000 | 38.0% |
Listing Count | 38 | -11.0% |
| Listings as % of Homes | 0.4% | -11.0% |
Days on Market | 88 | 24.0% |
Demographics — International Falls, MN
As of the latest ACS Survey released in 2023, International Falls, MN has a population of 8,900, which has decreased by -3.4% over the past 5 years. International Falls, MN is a moderately popular place for families, as children make up 18.3% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,900 | -3.4% |
% Under 18 | 18.3% | 0.0% |
% Seniors | 25.8% | 9.3% |
% WFH | 10.9% | 147.7% |
% w/ College Degree | 21.0% | 7.7% |
As of the latest ACS Survey released in 2023, International Falls, MN is a predominantly white area, with 89.8% of the population identifying as white. The white population has shrunk by 4.6% in the last 5 years. The second most common race or ethnicity in International Falls, MN is hispanic, making up 1.8% of the population. Foreign-born residents account for 3.3% of the population in International Falls, MN, and this percentage has decreased by 49.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 89.8% | -4.6% |
% Black | 0.7% | 0.0% |
% Hispanic | 1.8% | 800.0% |
% Asian | 0.3% | 0.0% |
% Foreign Born | 3.3% | -49.2% |
Mortgage and Risk — International Falls, MN
According to HUD data as of 2023, there were 142 mortgage originations in International Falls, MN, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in International Falls, MN. Investor activity is low, as 3.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 142 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 3.0% |
% Second Loans | 7.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — International Falls, MN
International Falls, MN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 352 |
Total Units Section 8 | 272 |
% Rentals under Section 8 | 32.0% |
% Occupied Section 8 | 71.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $55 | $735 | $790 |
| 2 Bedroom | $10 | $1,000 | $1,010 |
| 3 Bedroom | N/A | N/A | $1,340 |
| 4 Bedroom | N/A | N/A | $1,710 |
Affordability — International Falls, MN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $151,000 |
| Median Household Income | $70,300 |