The housing market in 56444 Deerwood, MN is thriving. The median value of homes in the area is $333,800, slightly lower than the national median value of $338,100. However, the one-year appreciation rate for houses in 56444 Deerwood is 12.38%, which is higher than the US average of 8.27%. This indicates a strong and stable real estate market in Deerwood that will continue to appreciate in value over time.
The median home cost in Deerwood (zip 56444) is $333,800. Home appreciation the last 10 years has been 87.2%. Home Appreciation in Deerwood (zip 56444) is up 20.4%.
Average Age of Homes
- The median age of Deerwood (zip 56444) real estate is 38 years old
The Rental Market in Deerwood (zip 56444)
- Renters make up 6.2% of the Deerwood (zip 56444) population
- 0.5% of houses and apartments in Deerwood (zip 56444), 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.