Deephaven, MN is a beautiful town situated just outside of Minneapolis that offers a great quality of life. The median value of homes in Deephaven is $850,100, slightly higher than the US median value which stands at $338,100. On average, the US 1 year house appreciation rate is 8.27%, however in Deephaven this rate is 6.82%. This indicates that housing in Deephaven may not be appreciating as quickly as the US as a whole but still provides for a good investment opportunity due to the relatively high home values.
The median home cost in Deephaven is $850,100. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Deephaven is up 11.0%.
Average Age of Homes
- The median age of Deephaven real estate is 51 years old
The Rental Market in Deephaven
- Renters make up 4.7% of the Deephaven population
- 0.0% of houses and apartments in Deephaven, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.