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DEER RIVER, MN 56636

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

Market Overview

Active Listings
21
⇧ 600% vs 3 last year
Pending
5
24% pending ratio
Median Price
$225,000
⇩ 37.3% vs $358,750 last year
Average Price
$330,983
⇩ 7.2% vs $356,650 last year
Days on Market
125
⇧ 86.6% vs 67 days last year

Market Context

Population: 4,938  ·  Density: 4.4/mi²  ·  Median household income: $63,942

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

Market Analysis

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

The DEER RIVER, MN real estate market (56636) currently shows 21 active listings, with 5 pending sales. Homes are averaging 125 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 125 days on market compared to 67 days last year.

The median listing price has fallen 37.3% year-over-year, from $358,750 to $225,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 3 last year
  • Days on market: 125 now vs 67 last year

Median & Average Pricing

Year over Year
  • Median: $225,000 (-37.3% YoY)
  • Average: $330,983 (-7.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 37.6 miles — 136 listings ($61,772,966 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
56636Deer River, MN 566360.0 mi21$6,950,643$225,000$330,983
55721Cohasset, MN 5572115.2 mi5$1,882,250$351,200$376,450
56680Spring Lake, MN 5668017.4 mi1$294,000$294,000$294,000
56681Squaw Lake, MN 5668120.6 mi1$325,000$325,000$325,000
55709Bovey, MN 5570922.7 mi9$7,411,050$295,000$823,450
56672Remer, MN 5667223.9 mi11$5,928,703$479,000$538,973
55764Marble, MN 5576427.3 mi3$267,375$89,125$89,125
56633Cass Lake, MN 5663330.7 mi26$10,273,458$230,000$395,133
55769Nashwauk, MN 5576932.2 mi7$1,573,600$175,000$224,800
55775Pengilly, MN 5577533.5 mi6$3,336,000$524,500$556,000
56655Longville, MN 5665533.7 mi12$8,259,240$525,000$688,270
56484Walker, MN 5648435.6 mi33$14,871,648$344,450$450,656
55742Goodland, MN 5574237.6 mi1$399,999$399,999$399,999

Frequently Asked Questions

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

As of January 2026, there are 21 active listings in DEER RIVER, MN (zip code 56636), compared to 3 the prior year.

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

The median listing price in DEER RIVER, MN 56636 is $225,000 as of January 2026, a 37.3% decrease from $358,750 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 125 days on the market before going under contract, compared to 67 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 January 2026, DEER RIVER, MN 56636 is currently a Buyer's Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 125 days on market compared to 67 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 $4,500 compared to a typical 5% commission on the median listing price of $225,000. 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.