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Foreclosure Homes in Deer River, MN 56636

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Deer River, MN Foreclosures

How much do homes sell for in Deer River, MN?
The average home price is currently $304,215.
In Deer River, MN, how many homes are available?
There are currently 5 active home listings available in Deer River.
What’s the average rental cost in Deer River, MN?
The average rental price in Deer River is $1,349.
What is the most expensive home in Deer River?
The most expensive home sold in Deer River had a price of $2,893,900.
What is currently the cheapest priced home in Deer River, MN?
The cheapest home for sale in Deer River is priced at $12,054.

Living in Deer River, MN

Deer River, MN is a picturesque town offering a serene lifestyle surrounded by nature. It's an ideal location for outdoor enthusiasts and those looking to escape the hustle and bustle of city life. The community is tight-knit and boasts a variety of local amenities, making it a charming place to call home.

Current Market Conditions in Deer River, MN

The real estate market in Deer River, MN is showing a steady growth trend, with many homes being sold quickly due to demand for rural living. Properties are often listed at competitive prices, appealing to both first-time homebuyers and those looking for vacation homes.

In recent months, there has been an uptick in interest in vacation rentals and second homes, given the area's natural beauty and outdoor activities available year-round.

Home Value Estimator For Deer River, MN

There are currently 2,461 real estate properties in Deer River, MN, with a median automated valuation model (AVM) price of $255,661.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Deer River, MN, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Deer River, MN, is $304,215.00, with the most expensive house in Deer River, MN, topping out at $2,893,900.00 and the cheapest home in Deer River, MN, clocking in at $12,054.00. In other words, there’s something for every potential homebuyer or savvy investor in Deer River, MN!

Rent Prices In Deer River, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Deer River, MN, is on a rollercoaster ride. The average rent price in Deer River, MN, is $1,349.00. Indeed, when looking to rent in Deer River, MN, you can expect to pay as little as $660.00 or as much as $2,660.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Deer River, MN -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Deer River, MN 56636 Foreclosures


Market Trend for Deer River, MN

Total Listings Available: 5

Market Values:

Home Prices from $12,054 to $2,893,900

Average Sales Price: $304,215

Rental Values:

Rental from $660 to $2,660

Average Rent Value: $1,349 / month

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