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DEER RIVER, MN 56636

Real Estate Market Report  ·  Itasca County
Buyer's Market
June 2026  ·  Source: Realtor.com

Market Analysis

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

The DEER RIVER, MN real estate market (56636) currently shows 40 active listings, with 14 pending sales. Homes are averaging 50 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 50 days on market compared to 29 days last year.

The median listing price has fallen 10.7% year-over-year, from $310,725 to $277,475.

Whether you are buying or selling in DEER RIVER, 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: 4,938  ·  Density: 4.4/mi²  ·  Median household income: $63,942

Typical home value: $176,837  ·  Homeownership: 87.9%

Market Overview

Active Listings
40
⇧ 90.5% vs 21 last year
Pending
14
35% pending ratio
Median Price
$277,475
⇩ 10.7% vs $310,725 last year
Average Price
$345,701
⇩ 6.4% vs $369,201 last year
Days on Market
50
⇧ 72.4% vs 29 days last year

Price Per Square Foot

Median $/sqft
$298
⇧ 3.5% vs $288/sqft last year
Median Home Size
1,092 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 40 this year vs 21 last year
  • Days on market: 50 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $277,475 (-10.7% YoY)
  • Average: $345,701 (-6.4% 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 37.7 miles — 58 listings ($21,050,962 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56636Deer River, MN 566360.0 mi19$5,269,802$217,500$277,358
55721Cohasset, MN 5572115.2 mi5$2,006,520$359,900$401,304
56680Spring Lake, MN 5668017.4 mi1$294,000$294,000$294,000
55722Coleraine, MN 5572221.9 mi2$319,800$159,900$159,900
56641Federal Dam, MN 5664123.2 mi1$325,000$325,000$325,000
56628Bigfork, MN 5662825.8 mi7$2,148,860$245,000$306,980
55716Calumet, MN 5571628.7 mi3$438,600$146,200$146,200
55748Hill City, MN 5574831.0 mi5$5,064,440$512,200$1,012,888
56661Northome, MN 5666133.0 mi5$2,691,250$264,500$538,250
55785Swatara, MN 5578533.6 mi1$729,000$729,000$729,000
55793Warba, MN 5579333.8 mi1$324,900$324,900$324,900
55753Keewatin, MN 5575336.7 mi3$291,000$97,000$97,000
56630Blackduck, MN 5663037.7 mi5$1,147,790$172,450$229,558

Frequently Asked Questions

How many homes are for sale in DEER RIVER, MN 56636?

As of June 2026, there are 40 active listings in DEER RIVER, MN (zip code 56636), compared to 21 the prior year.

What is the median home price in DEER RIVER, MN 56636?

The median listing price in DEER RIVER, MN 56636 is $277,475 as of June 2026, a 10.7% decrease from $310,725 the prior year.

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

Homes in DEER RIVER, MN 56636 spend an average of 50 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in DEER RIVER, MN 56636?

Based on current inventory and days-on-market data as of June 2026, DEER RIVER, MN 56636 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 50 days on market compared to 29 days last year.

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

With SELL123.com's maximum 3% commission, sellers in DEER RIVER, MN 56636 save an estimated $5,550 compared to a typical 5% commission on the median listing price of $277,475. 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.