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Commercial on Great River Rd, Deer River, MinnesotaPhoto: Myotus · CC BY 4.0
Housing in Deer River

12 homes sold in Deer River in the last year, at a typical $187K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, and a shortcut to every site where Deer River homes are listed.

Homes sold
12
April 2025 to March 2026
Typical sale price
$187K
median, weighted by sales
Price per square foot
$132
Minnesota $189
Paid vs. asking
93.2%
17% sold over asking
For sale now
1
March 2026 · 1 sold that month
What sold · last 12 months

Houses are 100% of Deer River’s sales, at a typical $187K

12 homes sold in the year to March 2026.

Houses$187K

typical sale · 12 sold in 12 months

Per square foot
$132MN $190
Days to sell
553
Sold over asking
17%
Listings with a price cut
54%

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Deer River

Houseat $132 a sq ft
The same money in Minnesotaat $190 a sq ft

Is this asking price fair?

Check a listing against what Deer River homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

Rent or buy?

Owning the typical Deer River home costs about $1,111 a month

Mortgage
Property tax
Insurance
Rent

Price: Deer River’s typical sale, last 12 months. Property tax at Deer River’s 0.9% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Deer River is affordable on local pay is on Cost of living.

Before you buy in Deer River

Four things worth knowing

0.9%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $187K home, about $1,620 a year.

Taxes vs. neighbors
24 min

Typical commute

The average one-way trip to work for people who live in Deer River.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Selling, or renting out?

Post your home to Deer River, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Deer River. People who follow the town see it, and so do people comparing Deer River with their own town. No commission, no listing fee.

Questions about buying a home in Deer River

What do homes sell for in Deer River, MN?

12 homes sold in the year to March 2026 at a typical $187K, $132 a square foot.

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

A seller’s market: 1 homes were for sale in March 2026 and 1 sold, about 1 months of supply. Buyers paid 93.2% of asking on average, and 54% of listings cut their price.

How much are property taxes in Deer River?

About 0.9% of a home’s value a year. On a $187K home that’s near $1,620.

Where can I see homes for sale in Deer River?

Zillow, Redfin, Realtor.com and Homes.com all carry Deer River’s MLS listings; the search links above open each one filtered to Deer River.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).