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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 April 2026?
In the past month, Deerwood's real estate market has seen a slight uptick in activity, indicating that buyers are beginning to emerge as we move into the fall season. While there has been a modest increase in home prices due to this heightened interest, the overall market remains competitive but accessible to a variety of potential buyers. The average days on the market have decreased, suggesting that many homes are selling quickly, reflecting both favorable market conditions and buyer eagerness.
How much do homes sell for in Deerwood, MN?
The average home price is currently $548,635.
In Deerwood, MN, how many homes are available?
There are currently 2 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 $3,818,649.
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, MN is a picturesque community with a small-town feel, surrounded by beautiful lakes and ample outdoor recreational opportunities. It offers a rich sense of community, quality education options, and various local amenities that cater to residents' needs.

Buyer vs Seller Market in Deerwood, MN

Deerwood's real estate market is currently experiencing a steady demand as more people seek out tranquil rural living away from larger urban centers. The market has seen an influx of buyers looking for summer homes and retreat properties, which is driving home prices up slightly compared to previous seasons.

With several properties listed in various price ranges, potential homeowners are finding a mix of affordable options alongside more luxurious listings, creating a balanced market that appeals to a broad audience.

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 $429,000.00. 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 $548,635.00, with the most expensive house in Deerwood, MN, topping out at $3,818,649.00 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: 2

Market Values:

Home Prices from $19,132 to $3,818,649

Average Sales Price: $548,635

Rental Values:

Rental from $470 to $2,360

Average Rent Value: $1,561 / month

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