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Minnesota State Wire

Wednesday, November 6, 2024

Home prices decreased in Deephaven during December 2020

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The median sale price of a home sold in December 2020 in Deephaven fell by $80,000 while total sales decreased by 71.4%, according to BlockShopper.com.

In December 2020, there were two homes sold, with a median sale price of $470,000 - a 14.5% decrease over the $550,000 median sale price for the same period of the previous year. There were seven homes sold in Deephaven in December 2019.

The median sales tax in Deephaven for the most recent year with available data, 2019, was $7,392, approximately 1.6% of the median home sale price for December 2020.

The following table compares Deephaven to other Hennepin County cities with similar median sale prices in December 2020:

CityDec. 2020 Home SalesDec. 2019 Home Sales% change (Total Home Sales)Dec. 2020 Median Sales PriceDec. 2019 Median Sales Price% change (Median Sales Price)
Spring Park110%$1,000,000$840,00019%
Mound312-75%$700,000$221,500216%
Edina938-76.3%$669,900$553,75021%
Eden Prairie544-88.6%$600,000$394,90051.9%
Minnetonka854-85.2%$545,350$391,00039.5%
Deephaven27-71.4%$470,000$550,000-14.5%
Shorewood29-77.8%$456,000$445,0002.5%
Orono47-42.9%$420,000$1,300,000-67.7%
Plymouth573-93.2%$395,000$355,00011.3%
Maple Plain10-$370,000$0-
Minneapolis44307-85.7%$360,145$269,90033.4%

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