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Minnesota State Wire

Friday, September 12, 2025

Deephaven median home prices fell by 52.2% in October 2021

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The median sale price of a home sold in October 2021 in Deephaven fell by $760,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

In October 2021, there were three homes sold, with a median sale price of $695,000 - a 52.2% decrease over the $1,455,000 median sale price for the same period of the previous year. There were three homes sold in Deephaven in October 2020, as well.

The median sales tax in Deephaven for the most recent year with available data, 2019, was $7,392, approximately 1.1% of the median home sale price for October 2021.

The following table compares Deephaven to other Hennepin County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Minnetonka Beach10-$1,961,085$0-
Orono811-27.3%$1,111,250$540,000105.8%
Medina7616.7%$1,030,000$825,00024.8%
Deephaven330%$695,000$1,455,000-52.2%
Tonka Bay31200%$685,500$575,00019.2%
Shorewood8633.3%$656,200$703,500-6.7%
Edina2731-12.9%$590,000$600,000-1.7%
Minnetrista310-70%$570,000$377,00051.2%
Excelsior110%$565,000$725,000-22.1%
Corcoran4333.3%$555,500$475,00016.9%
Minnetonka2330-23.3%$539,900$540,500-0.1%

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