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Foreclosure Homes in Deerwood, MN

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Deerwood, MN Foreclosures

Current Market Conditions in in Deerwood, MN As of February 2026?
In the past month, Deerwood has seen a slight uptick in real estate activity compared to the summer months. More listings have emerged on the market, drawn in by competitive pricing and appealing community aspects. Buyer interest has been steady, leading to reasonable price appreciation for homes, especially those in prime locations near the lakes. Home sales typically take place quicker than average, indicating strong buyer demand nonetheless. With interest rates remaining attractive, buyers are motivated to secure homes before the winter months.
How much do homes sell for in Deerwood, MN?
The average home price is currently $554,143.
In Deerwood, MN, how many homes are available?
There are currently 6 active home listings available in Deerwood.
What’s the average rental cost in Deerwood, MN?
The average rental price in Deerwood is $1,561.
What is the most expensive home in Deerwood?
The most expensive home sold in Deerwood had a price of $4,200,000.
What is currently the cheapest priced home in Deerwood, MN?
The cheapest home for sale in Deerwood is priced at $19,132.

Living in Deerwood, MN

Deerwood is a charming small town located in Crow Wing County, Minnesota, offering a laid-back and friendly atmosphere. With its scenic beauty and access to various outdoor activities such as fishing, hiking, and boating, it is an ideal location for those looking for a peaceful lifestyle. The community is also home to a number of quaint shops, local restaurants, and historic sites, making it a perfect destination for families and nature enthusiasts.

Buyer vs Seller Market in Deerwood, MN

The Deerwood real estate market has shown consistent growth over recent months, with an increase in demand for homes due to its appealing natural surroundings and small-town charm. Listings are competitive, with many properties receiving multiple offers, highlighting the desirability of the area.

As of late 2023, property values in Deerwood remain stable, and the market is moving towards a seller's market as inventory levels remain low. This trend has encouraged homeowners to consider upgrades and renovations to maximize property value.

Home Value Estimator For Deerwood, MN

There are currently 2,775 real estate properties in Deerwood, MN, with a median automated valuation model (AVM) price of $439,665.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Deerwood, 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 Deerwood, MN, is $554,143.00, with the most expensive house in Deerwood, MN, topping out at $4,200,000.00 and the cheapest home in Deerwood, MN, clocking in at $19,132.00. In other words, there’s something for every potential homebuyer or savvy investor in Deerwood, MN!

Rent Prices In Deerwood, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Deerwood, MN, is on a rollercoaster ride. The average rent price in Deerwood, MN, is $1,561.00. Indeed, when looking to rent in Deerwood, MN, you can expect to pay as little as $470.00 or as much as $2,360.00, with the average rent median estimated to be $1,540.00. The good news is that finding an affordable and desirable property to rent in Deerwood, 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.

Deerwood, MN Foreclosures

Market Trend for Deerwood, MN

Total Listings Available: 6

Market Values:

Home Prices from $19,132 to $4,200,000

Average Sales Price: $554,143

Rental Values:

Rental from $470 to $2,360

Average Rent Value: $1,561 / month

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