Hennepin County, Minnesota

Deephaven, MN Home Prices & Values 2026

What does a home cost in Deephaven, MN? Current median prices, price ranges by bedroom and neighborhood, appreciation data, and expert analysis from The PRO Team at RE/MAX RESULTS.

Deephaven, MN Home Prices — 2025 Guide

Real, current home price data for Deephaven — median values, price tiers by budget, bedroom breakdowns, and neighborhood comparisons from The PRO Team at RE/MAX RESULTS.

Median Home Price

$1,095,000

As of 2025

Price Per Sq Ft

$312

Median, single-family

Annual Appreciation

+5.1%

Year-over-year

Days on Market

28 days

Median time to offer

Home Price Ranges by Budget — Deephaven

Deephaven real estate spans a wide range of budgets. Here's how the market segments break down relative to the $1,095,000 median.

Entry-Level / Starter Homes

Entry-Level

$525K – $745K

Condos, townhomes, and smaller single-family homes. Ideal for first-time buyers and downsizers looking for value and low maintenance.

Mid-Market / Move-Up Homes

Most Active

$875K – $1.3M

3–4 bedroom single-family homes in established neighborhoods — the most active segment of the market with strong resale demand.

Premium Upper-Market

Premium

$1.5M – $2.0M

4–5 bedroom homes with premium finishes, larger lots, and upgraded amenities in the best school zones.

Luxury & Estate Homes

Luxury

$2.2M+

Custom estates, lakefront properties, and architecturally significant homes — often off-market or pre-marketed through luxury networks.

Price by Bedroom Count — Deephaven

Typical price ranges by bedroom count based on recent Deephaven sales. Actual prices vary by neighborhood, condition, and lot size.

Studio / 1 Bed

Condos & co-ops

$350K – $570K

2 Bedroom

Condos & townhomes

$570K – $820K

3 Bedroom

Single-family — most common

$855K – $1.1M

4 Bedroom

Move-up single-family

$1.2M – $1.6M

5+ Bedroom

Estate & luxury homes

$1.6M+

Price by Neighborhood

Carsons Bay$1.5M – $5M+
Knollwood Point$800K – $1.8M
Cottagewood$700K – $1.5M
Northome Road Corridor$1M – $3M
Annual Price Appreciation

+5.1%

At this pace, today's median $1,095,000 home could be worth approximately $1.2M within a year.

Seller Insight

Deephaven sellers benefit from the community's scarcity premium — with only 9 active listings at any given time, well-prepared properties draw motivated buyers quickly. Wooded privacy and lake access are the primary value drivers.

Price Analysis — Deephaven Real Estate

Deephaven has appreciated 5.1% annually. Lakefront properties have significantly outpaced off-lake homes, with the premium for private shoreline expanding each year as lake inventory tightens.

  • Median price: $1,095,000 — reflecting consistent, sustained buyer demand in Deephaven
  • $312 per square foot — a reliable benchmark when comparing individual listings
  • 28 median days on market — balanced conditions giving buyers time to evaluate carefully
  • +5.1% annual appreciation — outpacing most national housing benchmarks
  • 9+ active listings — inventory that favors sellers with scarcity driving strong offers

Search Deephaven Homes on MLS

Browse every active listing — updated every 15 minutes with new listings, price changes, and coming-soon homes.

* Price ranges are based on recent market activity and are informational only. Contact The PRO Team for a precise, personalized market analysis.

Home Valuation

What's Your Deephaven Home Really Worth?

Get a no-obligation valuation from a local Deephaven expert — not Zillow's algorithm. We pull real comparables, account for your home's specific features, and deliver a number you can actually plan around.

  • Real-time Deephaven market comparables
  • Human analysis, not an algorithm
  • Free, no-obligation report
  • Results within one business day

Get a local consultation based on your goals, property details, and current comparable-market information.

612-888-6127 · Same-day response

Also Explore These Nearby Communities

Compare Deephaven with surrounding west metro communities.

The PRO Team

Questions About Deephaven?

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Home Valuation

Deephaven Home Value

$1.17B Reported Team Sales

2017–2025 · owner-attested

3,483 Reported Transactions

2017–2025 · unique properties