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Minnesota State Wire

Thursday, September 11, 2025

Deephaven home prices rise in April 2018

Re 3

The median sale price of a home sold in April 2018 in Deephaven rose by $24,750 while total sales decreased by 42.9%, according to BlockShopper.com.

In April 2018, there were four homes sold, with a median sale price of $749,750 - a 3.4% increase over the $725,000 median sale price for the same period of the previous year. There were seven homes sold in Deephaven in April 2017.

The median sales tax in Deephaven for the most recent year with available data, 2015, was $6,385, approximately 0.9% of the median home sale price for April 2018.

The following table compares Deephaven to other Hennepin County cities with similar median sales prices in April 2018:

CityApr. 2018 Home SalesApr. 2017 Home Sales% change (Total Home Sales)Apr. 2018 Median Sales PriceApr. 2017 Median Sales Price% change (Median Sales Price)
Woodland110%$799,000$1,175,000-32%
Orono1825-28%$750,000$381,90096.4%
Deephaven47-42.9%$749,750$725,0003.4%
Tonka Bay23-33.3%$730,750$417,00075.2%
Medina13785.7%$650,855$625,0004.1%
Hanover30-$600,000$0-
Greenwood41300%$572,500$475,00020.5%
Edina685915.3%$550,000$499,90010%
Long Lake16-83.3%$490,000$332,90047.2%
Independence59-44.4%$463,000$520,000-11%
Minnetrista1827-33.3%$448,500$405,96210.5%