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DEERWOOD, MN 56444

Real Estate Market Report  ·  Crow Wing County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The DEERWOOD, MN real estate market (56444) currently shows 13 active listings, with 4 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 46 days on market compared to 72 days last year.

The median listing price has risen 30.3% year-over-year, from $354,500 to $462,000.

Whether you are buying or selling in DEERWOOD, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 3,305  ·  Density: 24.7/mi²  ·  Median household income: $70,694

Typical home value: $277,117  ·  Homeownership: 88.6%

Market Overview

Active Listings
13
⇩ 7.1% vs 14 last year
Pending
4
31% pending ratio
Median Price
$462,000
⇧ 30.3% vs $354,500 last year
Average Price
$554,183
⇧ 27.3% vs $435,317 last year
Days on Market
46
⇩ 36.1% vs 72 days last year

Price Per Square Foot

Median $/sqft
$292
⇧ 10.2% vs $265/sqft last year
Median Home Size
1,790 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 14 last year
  • Days on market: 46 now vs 72 last year

Median & Average Pricing

Year over Year
  • Median: $462,000 (+30.3% YoY)
  • Average: $554,183 (+27.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 32.3 miles — 207 listings ($124,146,085 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56444Deerwood, MN 564440.0 mi9$4,449,762$416,725$494,418
56431Aitkin, MN 5643112.0 mi22$14,149,322$406,225$643,151
56450Garrison, MN 5645012.9 mi9$3,162,465$334,975$351,385
56465Merrifield, MN 5646513.8 mi15$14,658,645$790,000$977,243
56468Nisswa, MN 5646820.6 mi37$32,136,054$627,125$868,542
56447Emily, MN 5644722.4 mi5$2,183,000$349,900$436,600
56472Pequot Lakes, MN 5647224.9 mi58$26,910,492$477,450$463,974
56386Wahkon, MN 5638627.0 mi2$959,800$479,900$479,900
56342Isle, MN 5634227.9 mi17$8,551,221$345,500$503,013
56473Pillager, MN 5647329.2 mi8$4,519,040$628,250$564,880
56469Palisade, MN 5646929.4 mi2$1,132,416$499,725$566,208
56350McGrath, MN 5635031.4 mi1$499,000$499,000$499,000
56474Pine River, MN 5647432.3 mi22$10,834,868$448,675$492,494

Frequently Asked Questions

How many homes are for sale in DEERWOOD, MN 56444?

As of March 2026, there are 13 active listings in DEERWOOD, MN (zip code 56444), compared to 14 the prior year.

What is the median home price in DEERWOOD, MN 56444?

The median listing price in DEERWOOD, MN 56444 is $462,000 as of March 2026, a 30.3% increase from $354,500 the prior year.

How long do homes stay on the market in DEERWOOD, MN?

Homes in DEERWOOD, MN 56444 spend an average of 46 days on the market before going under contract, compared to 72 days the prior year.

Is it a seller's or buyer's market in DEERWOOD, MN 56444?

Based on current inventory and days-on-market data as of March 2026, DEERWOOD, MN 56444 is currently a Seller's Market. Inventory has tightened compared to last year, with 1 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 46 days on market compared to 72 days last year.

How much can I save on real estate commission in DEERWOOD, MN?

With SELL123.com's maximum 3% commission, sellers in DEERWOOD, MN 56444 save an estimated $9,240 compared to a typical 5% commission on the median listing price of $462,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.