House Prices

House Prices & Home Values Deerwood, MN 2026


Average Data

average house price$745,400
average size per house2332 ft²
average price per ft²320 $ / ft²

05/21/2026 - The value range (VR) for house prices in Deerwood, MN is $320/ sqft to $320/ sqft. An average home with 2332 sqft costs approximately $746,240 to $746,240. Deerwood, MN includes 1 ZIP codes and it is located in Crow Wing county. The lowest prices are found in ZIP 56444, while the highest are in ZIP 56444. The average price per sqare feet is $320. Our analysis is based on 2 property listings.

Avergage prices by ZIP codes Deerwood

56444319 $ / ft²




Historical development of home values in Deerwood

Year Estimated value (USD) Change vs. 2025
2010 $346,177 -53.6%
2011 $332,791 -55.4%
2012 $331,895 -55.5%
2013 $344,300 -53.8%
2014 $361,420 -51.5%
2015 $379,969 -49.0%
2016 $399,799 -46.4%
2017 $421,378 -43.5%
2018 $444,674 -40.3%
2019 $465,292 -37.6%
2020 $489,346 -34.4%
2021 $556,578 -25.3%
2022 $648,845 -13.0%
2023 $684,237 -8.2%
2024 $723,821 -2.9%
2025 $745,400 0.0%

Graph: estimated home values in Deerwood over time (USD)



Example: 100% financing house in Deerwood

Loan amount: $745,400

Interest rate: 6.00%

Fixed monthly payment: $4,469.05

Breakdown in the 1st month:
Interest portion: $3,727.00  –  Principal portion: $742.05

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $44,475.00 $9,153.60 $736,246.40
2 $43,910.42 $9,718.17 $726,528.23
3 $43,311.03 $10,317.57 $716,210.66
4 $42,674.66 $10,953.93 $705,256.72
5 $41,999.05 $11,629.55 $693,627.18
6 $41,281.76 $12,346.83 $681,280.34
7 $40,520.24 $13,108.36 $668,171.98
8 $39,711.74 $13,916.85 $654,255.13
9 $38,853.38 $14,775.22 $639,479.91
10 $37,942.08 $15,686.52 $623,793.39
11 $36,974.57 $16,654.03 $607,139.37
12 $35,947.38 $17,681.21 $589,458.15
13 $34,856.84 $18,771.75 $570,686.40
14 $33,699.04 $19,929.55 $550,756.85
15 $32,469.83 $21,158.76 $529,598.09
16 $31,164.81 $22,463.79 $507,134.30
17 $29,779.29 $23,849.31 $483,284.99
18 $28,308.32 $25,320.28 $457,964.71
19 $26,746.62 $26,881.98 $431,082.73
20 $25,088.59 $28,540.00 $402,542.73
21 $23,328.31 $30,300.29 $372,242.45
22 $21,459.45 $32,169.14 $340,073.31
23 $19,475.33 $34,153.26 $305,920.04
24 $17,368.83 $36,259.76 $269,660.28
25 $15,132.41 $38,496.18 $231,164.10
26 $12,758.05 $40,870.54 $190,293.55
27 $10,237.25 $43,391.35 $146,902.20
28 $7,560.96 $46,067.63 $100,834.57
29 $4,719.61 $48,908.98 $51,925.58
30 $1,703.01 $51,925.58 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Deerwood, MN


1500 sqft3900 sqft
Ø selling price$580,800$1,235,520
Ø fast selling$528,000$1,111,969
Ø high price sale$633,600$1,359,072

In 2026, houses in Deerwood, MN will be offered at an average price of $320 per square foot. A 1,500 sqft home priced at $580,800 is 22.91% more expensive per square foot than a 3,900 sqft home priced at $1,235,520. Home prices in Deerwood, MN vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $855,361. Sellers who can wait longer may achieve a higher price of up to $1,045,441.


Discover Deerwood, MN

Deerwood, MN is a welcoming small town in Crow Wing County within the Brainerd Lakes Area, known for its lakes, trails, and relaxed Up North vibe.

Location and Lake Life

Set near scenic Serpent Lake and the Cuyuna Range, the city offers easy access to boating, paddling, and sunset views.
Travelers reach Deerwood Minnesota via State Highways 6 and 210, with Brainerd just a short drive away for shopping and flights.

Outdoor Recreation

The nearby Cuyuna Country State Recreation Area features world-class singletrack mountain biking, clear mine lakes for scuba diving, and year-round hiking. Anglers love the area for walleye, bass, and panfish, while winter brings snowmobiling, fat biking, and cross-country skiing opportunities. Public landings and local outfitters make it simple to rent gear, launch a boat, or join a guided adventure.

Community and Visitor Tips

Downtown Deerwood blends historic architecture with cafes, boutiques, and friendly service that reflects classic small-town Minnesota. Seasonal events, farmers markets, and nearby museums share the iron mining heritage that shaped the Cuyuna Lakes region. Lodging options range from lakeside cabins and resorts to comfortable motels, giving families and couples plenty of places to stay. Plan your trip to Deerwood, MN to enjoy four-season recreation, photogenic lakes, and a convenient base for exploring the Brainerd Lakes Area.



FAQ – Home Values in Deerwood

What is the median home value in Deerwood in 2026?

In 2026, the typical home value in Deerwood is about $745,400 for an average home size of 2332 square feet. This corresponds to an average price of roughly $320 per square foot.

What is the average cost per square foot in Deerwood?

In 2026, homes in Deerwood sell for an average of around $320 per square foot, with a typical range between $320 and $320 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Deerwood is about 2332 square feet, with an estimated 2026 value around $745,400.



Locations close to Deerwood, MN

Eagle Bend, MN114 $ / ft²
Emily, MN167 $ / ft²
Fifty Lakes, MN244 $ / ft²
Cushing, MN201 $ / ft²
Crosslake, MN296 $ / ft²
Crosby, MN135 $ / ft²
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