Current Price

$229,525

1 Month Forecast

â–² $256,445

1-Year Forecast *

â–² $259,229

5-Year Forecast *

â–² $302,358

"Is it a good time to buy homes in Deer River?" "Does investing in real estate in Deer River (Minnesota State, Itasca County) worth it?" According to our live Forecast System, buying a house in Deer River is a good short-term (1-year) investment*. The Deer River average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Deer River" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Deer River in Minnesota State, Itasca County. If you are looking for homes for sale with good flipping profit, Deer River can be a profitable property investment option. The median price of an average house in Deer River was 229,525 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Deer River" area is 302,358 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +31.73% meaning that investing 100000 USD today may yield a profit of 31,732 USD by 2031.

Current Median Listing Price: 229,525 USD Median Listing Price Per Square Foot: 128 USD

Deer River Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Deer River (Minnesota State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Deer River Price Target

Deer River median home price target in 12 months: $259,229* (upside of 12.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $252,614 $256,039 $252,614 $256,811
2024 $219,154 $229,525 $218,549 $229,525
2023 $210,906 $219,938 $210,906 $220,264
2022 $0 $211,208 $0 $214,790
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Deer River Housing Market Forecast

How much does an average home cost in Deer River today?

The value of an average home (the listing price) in Deer River is $229,525 USD.

What is the average price per square foot in Deer River?

According to Walletinvestor the median price per square foot in Deer River is 128 USD.

Will the median listing price of homes in Deer River grow / rise / go up?

Yes. The Deer River home prices may rise from 229,525 USD to 259,229 USD in one year.

Is it profitable to invest in Deer River homes?

Yes. The long-term profit potential is +12.94% in one year.

Will Deer River house prices fall / drop?

No. See above.

What is the predicted price of a Deer River home in 2030?

The predicted home sales price of a Deer River home in 2030 in Deer River is 294,726 USD.

What is the predicted price of a Deer River home in 2035?

The predicted home sales price of a Deer River home in 2035 in Deer River is 339,035 USD.

Will real estate prices decrease in Deer River?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Deer River is the 8970. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Itasca, Deer River decreased, looking at the past 12 months.

According to Walletinvestor's Deer River real estate market research, home values will increase in the next 12 months.

Median home values decreased by 10.540% to 229,525 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 14.392% in 2021
  • 13.552% in 2022
  • 13.812% in 2023
  • 12.282% in 2024
  • 13.812% in 2025
  • 11.072% in 2026

Based on our Deer River real estate market research and report the predicted sales prices will increase by 237.705% in the next 10 years.

Over the last 12 months, the value of homes in Deer River fluctuated: increasing 2 times and decreasing 2 times.

Deer River (Minnesota) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Deer River Housing Market Forecast with Real Estate Prices for 2025
August 2025 256445 242084 270805
September 2025 257611 235199 280024
October 2025 259365 244322 274409
November 2025 261671 239952 283390
December 2025 263159 245527 280790
Deer River Housing Market Forecast with Real Estate Prices for 2026
January 2026 263859 250138 277580
February 2026 262680 248758 276603
March 2026 261655 239676 283634
April 2026 260444 241953 278936
May 2026 259459 245708 273210
June 2026 259088 237583 280592
July 2026 259229 242639 275820
August 2026 259570 243736 275404
September 2026 260787 247748 273826
October 2026 263105 245740 280470
November 2026 265444 245270 285618
December 2026 267471 241259 293683
Deer River Housing Market Forecast with Real Estate Prices for 2027
January 2027 268524 251876 285173
February 2027 269483 246577 292389
March 2027 269751 251677 287824
April 2027 269838 253378 286298
May 2027 269439 244112 294766
June 2027 268478 248074 288882
July 2027 267741 245251 290231
August 2027 267737 244711 290762
September 2027 269317 252081 286553
October 2027 270790 248044 293536
November 2027 272854 254300 291409
December 2027 274463 253878 295047
Deer River Housing Market Forecast with Real Estate Prices for 2028
January 2028 276527 259936 293119
February 2028 277334 263190 291478
March 2028 278554 251534 305573
April 2028 279236 264437 294036
May 2028 281184 257846 304522
June 2028 283683 261840 305527
July 2028 286205 267888 304522
August 2028 287865 267427 308304
September 2028 288140 267682 308598
October 2028 287807 267085 308530
November 2028 287244 271733 302756
December 2028 287274 260845 313703
Deer River Housing Market Forecast with Real Estate Prices for 2029
January 2029 287729 268163 307295
February 2029 289038 273141 304935
March 2029 291006 271509 310504
April 2029 293593 270986 316200
May 2029 295262 274003 316521
June 2029 296048 272956 319140
July 2029 294726 270853 318598
August 2029 293575 276254 310896
September 2029 292216 267378 317055
October 2029 291111 271898 310324
November 2029 290694 274125 307264
December 2029 290853 275147 306559
Deer River Housing Market Forecast with Real Estate Prices for 2030
January 2030 291236 263277 319194
February 2030 292601 276215 308987
March 2030 295202 278671 311733
April 2030 297826 268639 327013
May 2030 300101 282395 317807
June 2030 301282 277180 325385
July 2030 302358 273936 330779
August 2030 302658 285407 319910
September 2030 302756 275206 330307
October 2030 302309 286286 318331
November 2030 301231 273216 329245
December 2030 300403 273668 327139
Deer River Housing Market Forecast with Real Estate Prices for 2031
January 2031 300399 285379 315419
February 2031 302172 277092 327252
March 2031 303824 287114 320535
April 2031 306141 284405 327877
May 2031 307945 285157 330733
June 2031 310262 291646 328877
July 2031 311166 290629 331703
August 2031 312535 295971 329100
September 2031 313301 289177 337426
October 2031 315486 284253 346719
November 2031 318291 301103 335478
December 2031 321120 293183 349058
Deer River Housing Market Forecast with Real Estate Prices for 2032
January 2032 322983 303927 342039
February 2032 323291 299045 347538
March 2032 322918 300959 344876
April 2032 322286 300693 343879
May 2032 322319 299112 345526
June 2032 322830 301200 344459
July 2032 324299 302895 345702

> Page 2: detailed data / price table <

Best Deer River property forecast, Deer River house price prediction, Deer River housing forecast, Deer River property investment tips, Deer River prediction, Deer River real estate analyst report, Deer River property price forecast, Deer River housing index forecast tomorrow, Deer River real estate technical analysis, Deer River property future price, Deer River housing projections, Deer River property market prognosis, Deer River expected house price.
How will Deer River house price increase? Will Deer River real estate prices go up? Will Deer River real estate prices fall? Will Deer River house prices drop? Will Deer River house prices rise? Is Deer River housing price going up? Is it time to buy a Deer River home? When will Deer River house prices go down? When will Deer River real estate prices drop?
* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.