Deerwood Township Housing Market Report April 2025•Crow Wing County, Minnesota

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Housing Prices in Deerwood Township, MN

How much do homes in Deerwood Township, MN cost?

Housing Market Conditions

Is Deerwood Township, MN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Deerwood Township is a Seller's Market

Difference Since April 2024

Since last year, Deerwood Township has remained a Seller's Market.

Insight

Deerwood Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$356,000$253/SqFt
+$16,000
+4.7%

Based on all homes sold in the last 12 months

Insight

Homes in Deerwood Township have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in Deerwood Township was $356,000 in April 2025, up 4.7% from last year, and the median price per square foot was $253.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Deerwood
+6.2%
Deerwood Township
+4.7%
Bay Lake Township
+0.7%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$330K$229K
-30.6%
2$285K$339.5K
+19.1%
3$321.2K$335K
+4.3%
4$445K$750K
+68.5%
5$965K$420K
-56.5%

Summary: Deerwood Township housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -30.6%. The home price for 2 bedroom homes increased by +19.1%. The home price for 3 bedroom homes increased by +4.3%. The home price for 4 bedroom homes increased by +68.5%. The home price for 5 bedroom homes decreased by -56.5%.

How does Deerwood Township, MN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Deerwood Township, MN

Housing supply in Deerwood Township, MN

How many homes are available in Deerwood Township, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
23Last MonthApr 2025
212 months agoMar 2025
+9.5 %
Change MoMMar – Apr

Summary: The Deerwood Township real estate market had 23 homes for sale in Apr 2025, a 9.5 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
6Last MonthApr 2025
32 months agoMar 2025
+100.0 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
111
0.0%
288
0.0%
31011
+10.0%
411
0.0%
512
+100.0%

Summary: Deerwood Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +10.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +100.0%.

Asking Price vs. Sold Price

How much do homes in Deerwood Township, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price0 Home

At Asking Price0 Home

Under Asking Price6 Homes

Insight

If you're buying a home in Deerwood Township, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Deerwood Township in April 2025, up by 100.0% month-over-month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.

Days on Market for Deerwood Township, MN

How long does it take to sell a home in Deerwood Township, MN?

Breakdown of Home Sale Times

Under 30 Days2 Homes

30 – 90 Days2 Homes

Over 90 Days2 Homes

Insight

Many homes in Deerwood Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 6 homes were sold in Deerwood Township; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
71 DaysThis YearApr 2025
18 Days1 year agoApr 2024
+284.7 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Deerwood Township had an average listing age of 71 days in Apr 2025, up by 284.7% compared to the previous year.

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Newest Listings in Deerwood Township, MN

What homes are available in Deerwood Township, MN?

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Nearby markets

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Last updated on: 5/2/2025, 12:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.