Deer River, MN

Balanced market-46.4% YoY

Housing market overview · Updated weekly

$75,000median sale price

Homes sold

2

Last 12 weeks

Days on market

106

Average pace

Active listings

2

1.0 months supply

Sale-to-list

74.0%

Below asking

The Deer River housing market is currently classified as a balanced market with a median sale price of $75,000. Prices have fallen 46.4% compared to last year, with homes spending an average of 106 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Deer River

There are currently 2 homes listed for sale in Deer River, Minnesota. The median listing price is $140K.

Active listings

2

Homes on market

Median list price

$140K

Avg. days on market

106

Days until sale

New this week

1

Newly listed

Sale-to-list:74.0%

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Frequently asked questions

What is the average home price in Deer River?

The median home sale price in Deer River is $75,000, down 46.4% from last year.

How long do homes stay on market in Deer River?

Homes typically spend 106 days on market before going under contract.

Is Deer River a buyer's or seller's market?

With 1.0 months of supply, Deer River is currently a balanced market.

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