Deer Creek, MN56527

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$246,000
2.5% YoY Growth
Median Household Income
$61,600
64.3% 5-Year Growth
Days on Market
342
435.0% Longer than last year
Home Price Forecast
1.1%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Deer Creek, MN

As of Aug '25 and according to Realtor.com, the median days on market for a home in Deer Creek, MN is 342. This is an increase of 435.0% from last year. This indicates that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%. This is a small percentage of inventory, suggesting little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$650,000175.0%
Listing Count
1N/A
Listings as % of Homes1.0%N/A
Days on Market
342435.0%
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Demographics — Deer Creek, MN

MetricLatest CensusYoY % Change
Population
8752.0%
% Under 18
26.1%-7.4%
% Under 5N/AN/A
% Seniors
16.5%-0.6%
% WFH
6.4%6.7%
% w/ College Degree
13.1%32.3%
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Race and Ethnicity

MetricLatest Census5-Year % Change
% White
95.0%0.2%
% Black
0.0%N/A
% Hispanic
2.7%800.0%
% Asian
0.1%∞%
% Foreign Born
1.6%1,500.0%
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Mortgage and Risk — Deer Creek, MN

According to the latest data from the U.S. Department of Housing and Urban Development (HUD) as of 2023, the number of mortgages originated in Deer Creek, MN in that year was NA. NA of all primary home loans were conventional, the remainder were government-backed loans, such as FHA loans. The average loan-to-value for all loans was NA. Of those, NA were >90% loan to value. This is considered unknown, suggesting that mortgage risk is unknown in Deer Creek, MN. Investor activity in Deer Creek, MN is unknown, as NA of all loans are originated by investors. In 2023, NA of all loans were cash-out refinances, suggesting unknown homeowners are actively tapping their home's equity.

Mortgages

MetricZip Code AverageMetro AverageState Average
Total Loan Originations
N/AN/AN/A
% Conventional Loans
N/AN/AN/A
% Government Loans
N/AN/AN/A
% Investor Loans
N/AN/AN/A
% Second Loans
N/AN/AN/A
% Cash Out Refinance
N/AN/AN/A
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Rentals and Section 8 — Deer Creek, MN

As of 2024, the percent of homes in Deer Creek, MN under the Section 8 program is NA. This is considered unknown, suggesting that the neighborhood is unknown composed of Section 8 homes. Section 8 opportunity is good when HUD pays homeowners more than the average rental market rate for various home sizes. For each bedroom size, the average difference between HUD payments and market rents is shown in the table below.

Section 8 Market Size

Total Units under HUD
20
Total Units Section 8
20
% Rentals under Section 8
N/A
% Occupied Section 8
88.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$730
2 BedroomN/AN/A$950
3 BedroomN/AN/A$1,300
4 BedroomN/AN/A$1,370

Affordability — Deer Creek, MN

Home Price to Income Ratio

MetricZip Code AverageMetro AverageState Average
Home Price to Income Ratio3.7N/AN/A
Median Home Price$246,000N/AN/A
Median Household Income$61,600N/AN/A

Deer Creek, MN — ZIP Code Boundary Map

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