The housing market in Deerwood, MN is thriving. The median value for a house in Deerwood is $334,700, which is slightly lower than the US median of $338,100. However, the appreciation rate for houses in Deerwood is higher than the national average. In the past year alone, houses in Deerwood have seen an appreciation rate of 12.38%, compared with the national one-year appreciation rate of 8.27%. This indicates a strong market for buying or selling property in Deerwood and is indicative of its overall growth potential.
The median home cost in Deerwood is $334,700. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Deerwood is up 20.4%.
Average Age of Homes
- The median age of Deerwood real estate is 46 years old
The Rental Market in Deerwood
- Renters make up 28.9% of the Deerwood population
- 0.0% of houses and apartments in Deerwood, 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.