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Deephaven, MN Home Values and Rents

The typical home value in Deephaven is $1,092,848, 3rd highest of 363 cities and towns in Minnesota.

Typical home value
$1,092,848
3rd of 363 in MN
Price change, 1 year
+3.5%
Sep 2026
Homeownership
89.3%
MN: 72.2%

Home sale prices in the Minneapolis-St. Paul-Bloomington, MN-WI area

Zillow median sale price, Sep 2026

$377,406+0.7% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Deephaven

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodDeephaven
Sep 2026$1,092,848
Dec 2025$1,067,242
Dec 2024$1,043,617
Dec 2023$1,008,756
Dec 2022$950,981
Dec 2021$868,484
Dec 2020$745,564
Dec 2019$687,134
Dec 2018$685,926
Dec 2017$669,706
Dec 2016$634,575
Dec 2015$615,716
Dec 2014$584,647
Dec 2013$554,561
Dec 2012$501,615

Over five years, Deephaven prices changed +28.3%.

Source: Zillow Research · Last updated 09/01/2026

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Home values by ZIP code

Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index

Swipe the table sideways to see more columns.

#ZIP codeMedian valueMedian rent1-year5-year
155391$923,400$1,718+5.9%+39.7%

Fair Market Rents, FY2027

HUD rent standard for Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area

MN rents
Unit sizeMonthly rentvs FY2026
Studio$1,265+1.9%
1 bedroom$1,427+1.6%
2 bedrooms$1,734+1.5%
3 bedrooms$2,264+0.1%
4 bedrooms$2,538+0.3%

Frequently asked questions

What is the typical home value in Deephaven, MN?
The typical home value in Deephaven is $1,092,848 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
Are home prices going up in Deephaven?
The typical home value in Deephaven changed +3.5% over one year and +28.3% over five years, as of Sep 2026.
How does Deephaven compare with the rest of Minnesota?
Deephaven has the 3rd highest median home value of 363 cities and towns with 1,000+ residents in Minnesota.
Which ZIP code in Deephaven has the highest home values?
ZIP code 55391 has the highest median home value at $923,400.