Deer River, MN Foreclosures
How much do homes sell for in Deer River, MN?
The average home price is currently $300,946.
In Deer River, MN, how many homes are available?
There are currently 2 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 $2,876,600.
What is currently the cheapest priced home in Deer River, MN?
The cheapest home for sale in Deer River is priced at $23,795.
Living in Deer River, MN
Deer River, MN, is a beautiful small town offering a peaceful lifestyle surrounded by nature. Residents enjoy a variety of outdoor activities, a tight-knit community, and local charm. The area is perfect for families and individuals looking for a slower pace of life while still having essential amenities nearby.
Current Market Conditions in Deer River, MN
The real estate market in Deer River, MN, remains stable, with moderate activity observed over the recent months. Home prices have shown a gradual increase due to the appealing lifestyle and natural beauty that attract new residents, particularly those looking for summer retreats or year-round living in a more serene environment.
In terms of trends, there has been an uptick in demand for homes with access to lakes and recreational opportunities, leading to a competitive market for properties that fit this criterion.
Overall, the market is characterized by modest growth, providing opportunities both for buyers seeking affordable homes and for sellers looking to capitalize on the area’s ongoing appeal.
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 $254,658.00. 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 $300,946.00, with the most expensive house
in Deer River, MN, topping out
at $2,876,600.00 and the cheapest home
in Deer River, MN,
clocking in at $23,795.00. 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.
Learn more on Foreclosure homes
