House Prices

House Prices & Home Values Big Falls, MN 2026


Average Data

average house price$283,000
average size per house1958 ft²
average price per ft²145 $ / ft²

05/21/2026 - The value range (VR) for house prices in Big Falls, MN is $268/ sqft to $268/ sqft. An average home with 1958 sqft costs approximately $524,744 to $524,744. Big Falls, MN includes 1 ZIP codes and it is located in Koochiching county. The lowest prices are found in ZIP 56627, while the highest are in ZIP 56627. The average price per sqare feet is $145. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Big Falls

56627290 $ / ft²




Historical development of home values in Big Falls

Year Estimated value (USD) Change vs. 2025
2010 $131,430 -53.6%
2011 $126,348 -55.4%
2012 $126,008 -55.5%
2013 $130,718 -53.8%
2014 $137,217 -51.5%
2015 $144,260 -49.0%
2016 $151,788 -46.4%
2017 $159,981 -43.5%
2018 $168,826 -40.3%
2019 $176,654 -37.6%
2020 $185,786 -34.4%
2021 $211,311 -25.3%
2022 $246,342 -13.0%
2023 $259,779 -8.2%
2024 $274,807 -2.9%
2025 $283,000 0.0%

Graph: estimated home values in Big Falls over time (USD)



Example: 100% financing house in Big Falls

Loan amount: $283,000

Interest rate: 6.00%

Fixed monthly payment: $1,696.73

Breakdown in the 1st month:
Interest portion: $1,415.00  –  Principal portion: $281.73

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $16,885.46 $3,475.27 $279,524.73
2 $16,671.12 $3,689.62 $275,835.11
3 $16,443.55 $3,917.19 $271,917.92
4 $16,201.94 $4,158.79 $267,759.13
5 $15,945.44 $4,415.30 $263,343.83
6 $15,673.11 $4,687.62 $258,656.21
7 $15,383.99 $4,976.75 $253,679.46
8 $15,077.04 $5,283.70 $248,395.76
9 $14,751.15 $5,609.59 $242,786.18
10 $14,405.16 $5,955.57 $236,830.60
11 $14,037.84 $6,322.90 $230,507.70
12 $13,647.85 $6,712.88 $223,794.82
13 $13,233.82 $7,126.92 $216,667.90
14 $12,794.24 $7,566.49 $209,101.41
15 $12,327.56 $8,033.18 $201,068.23
16 $11,832.09 $8,528.65 $192,539.58
17 $11,306.06 $9,054.67 $183,484.91
18 $10,747.59 $9,613.15 $173,871.76
19 $10,154.67 $10,206.06 $163,665.70
20 $9,525.18 $10,835.55 $152,830.15
21 $8,856.87 $11,503.86 $141,326.28
22 $8,147.34 $12,213.40 $129,112.89
23 $7,394.04 $12,966.69 $116,146.19
24 $6,594.28 $13,766.45 $102,379.74
25 $5,745.20 $14,615.54 $87,764.21
26 $4,843.75 $15,516.99 $72,247.22
27 $3,886.69 $16,474.04 $55,773.17
28 $2,870.61 $17,490.13 $38,283.05
29 $1,791.86 $18,568.88 $19,714.17
30 $646.57 $19,714.17 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Big Falls, MN


1500 sqft3900 sqft
Ø selling price$263,176$559,845
Ø fast selling$239,251$503,861
Ø high price sale$287,100$615,830

In 2026, houses in Big Falls, MN will be offered at an average price of $145 per square foot. A 1,500 sqft home priced at $263,176 is 24.84% more expensive per square foot than a 3,900 sqft home priced at $559,845. Home prices in Big Falls, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $387,586. Sellers who can wait longer may achieve a higher price of up to $473,716.


Big Falls, MN Travel Guide: Waterfalls, Outdoor Recreation, and Small-Town Charm

Located in Koochiching County, Big Falls, MN is a small Northwoods community known for its dramatic waterfalls on the Big Fork River.

Visitors come to Big Falls City Park to watch rushing cascades, photograph rugged rock formations, and enjoy peaceful picnic spaces along the river.

Outdoor Recreation

The area offers year-round outdoor recreation, including hiking, fishing for walleye and northern pike, birding, and winter snowmobiling on groomed trails.
Nearby forests and public lands provide camping spots, ATV routes, and quiet backcountry paddling opportunities for adventurous travelers.

Location and Access

Big Falls sits along Minnesota State Highways 6 and 71, making it an easy northern Minnesota road trip stop between larger Iron Range and border towns.
The town?s compact downtown features locally owned lodging, cafes, and outfitters that help visitors plan river excursions and nature tours.

Culture and Events

Community events celebrate the region?s logging and homesteading heritage, with seasonal festivals that showcase live music, crafts, and classic Northwoods hospitality.
Interpretive signs and historic displays highlight how the Big Fork River shaped commerce, recreation, and conservation in this corner of Minnesota.

Travel Tips

For the best waterfall viewing, plan a visit during spring snowmelt or after summer rains, bring sturdy footwear, and stay mindful of slick riverside rocks.
Whether you?re chasing fall colors, casting a line at dawn, or stargazing under dark skies, Big Falls, Minnesota offers an inviting gateway to the wild beauty of the North.



FAQ – Home Values in Big Falls

What is the median home value in Big Falls in 2026?

In 2026, the typical home value in Big Falls is about $283,000 for an average home size of 1958 square feet. This corresponds to an average price of roughly $145 per square foot.

What is the average cost per square foot in Big Falls?

In 2026, homes in Big Falls sell for an average of around $145 per square foot, with a typical range between $268 and $268 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Big Falls is about 1958 square feet, with an estimated 2026 value around $283,000.



Locations close to Big Falls, MN

Bigfork, MN215 $ / ft²
Birchdale, MN273 $ / ft²
Blackduck, MN59 $ / ft²
Bena, MN279 $ / ft²
Baudette, MN112 $ / ft²
Bagley, MN241 $ / ft²
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