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Minnesota State Wire

Friday, September 12, 2025

Deephaven home prices fall in March 2018

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The median sale price of a home sold in March 2018 in Deephaven fell by $154,500 while total sales increased by 50%, according to BlockShopper.com.

In March 2018, there were six homes sold, with a median sale price of $415,500 - a 27.1% decrease over the $570,000 median sale price for the same period of the previous year. There were four homes sold in Deephaven in March 2017.

The median sales tax in Deephaven for the most recent year with available data, 2015, was $6,385, approximately 1.5% of the median home sale price for March 2018.

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

CityMar. 2018 Home SalesMar. 2017 Home Sales% change (Total Home Sales)Mar. 2018 Median Sales PriceMar. 2017 Median Sales Price% change (Median Sales Price)
Edina5971-16.9%$542,000$525,0003.2%
Minnetonka Beach10-$540,000$0-
Independence440%$536,250$647,500-17.2%
Medina84100%$530,250$557,672.50-4.9%
Shorewood1015-33.3%$459,500$497,500-7.6%
Deephaven6450%$415,500$570,000-27.1%
Eden Prairie64623.2%$380,000$362,5004.8%
Minnetrista1921-9.5%$378,000$377,7000.1%
Plymouth7886-9.3%$366,675$334,2509.7%
Minnetonka5759-3.4%$365,000$350,0004.3%
Dayton12850%$357,935$402,500-11.1%

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