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Multi-family Foreclosures 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 $300,697.
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 $2,902,600.
What is currently the cheapest priced home in Deer River, MN?
The cheapest home for sale in Deer River is priced at $12,022.

Living in Deer River, MN

Deer River, MN is a picturesque small town in northern Minnesota, offering a peaceful lifestyle amidst nature. With abundant outdoor recreation, community events, and essential amenities, it’s an ideal location for families and nature lovers alike. The town is serviced by local schools ensuring strong educational opportunities for residents.

Current Market Conditions in Deer River, MN

Deer River's real estate market has shown resilience, with a steady increase in property values over the past year. The area has attracted buyers looking for affordable homes amidst beautiful natural surroundings. The current inventory is balanced, with a mix of single-family homes and land available for sale, catering to different buyer preferences.

The market is particularly appealing to those seeking vacation homes or investment properties, due to its proximity to outdoor recreational activities and its tranquil atmosphere.

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 $252,545.00. 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 $300,697.00, with the most expensive house in Deer River, MN, topping out at $2,902,600.00 and the cheapest home in Deer River, MN, clocking in at $12,022.00. 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 Multi-family Homes

Market Trend for Deer River, MN

Total Listings Available: 0

Market Values:

Home Prices from $12,022 to $2,902,600

Average Sales Price: $300,697

Rental Values:

Rental from $660 to $2,660

Average Rent Value: $1,349 / month

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