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Deephaven, MN real estate

Compare top Deephaven real estate agents.

Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for June 2026. *


* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.

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Deephaven real estate Market Report.

Information and statistics on the latest trends in the Deephaven real estate market. *

Latest Rolling 3-Month Snapshot

Mar 1, 2026 - May 31, 2026

Median sale price
$1.7M
-25% from Q1 '26
Median list price
$1.6M
-29% from Q1 '26
Active listings
37
+16% from Q1 '26
Homes sold
10
+11% from Q1 '26
New pendings
15
+50% from Q1 '26
New listings
18
+20% from Q1 '26

Quarterly Pricing Trends for Deephaven

Rolling three-month data ending on quarter boundaries when available.

Quarterly Pricing Trends for Deephaven Q2 '21 Q2 '22 Q2 '23 Q2 '24 Q2 '25 Q1 '26 Median sale price in Apr 2021 - Jun 2021: $940K Median sale price in Jul 2021 - Sep 2021: $975K Median sale price in Oct 2021 - Dec 2021: $707K Median sale price in Jan 2022 - Mar 2022: $1.1M Median sale price in Apr 2022 - Jun 2022: $1.1M Median sale price in Jul 2022 - Sep 2022: $1.2M Median sale price in Oct 2022 - Dec 2022: $782K Median sale price in Jan 2023 - Mar 2023: $1.5M Median sale price in Apr 2023 - Jun 2023: $958K Median sale price in Jul 2023 - Sep 2023: $683K Median sale price in Oct 2023 - Dec 2023: $965K Median sale price in Jan 2024 - Mar 2024: $817K Median sale price in Apr 2024 - Jun 2024: $1.1M Median sale price in Jul 2024 - Sep 2024: $1.2M Median sale price in Oct 2024 - Dec 2024: $798K Median sale price in Jan 2025 - Mar 2025: $1.4M Median sale price in Apr 2025 - Jun 2025: $1M Median sale price in Jul 2025 - Sep 2025: $1.2M Median sale price in Oct 2025 - Dec 2025: $1.1M Median sale price in Jan 2026 - Mar 2026: $2.3M Median list price in Apr 2021 - Jun 2021: $1.2M Median list price in Jul 2021 - Sep 2021: $919K Median list price in Oct 2021 - Dec 2021: $972K Median list price in Jan 2022 - Mar 2022: $1.2M Median list price in Apr 2022 - Jun 2022: $1M Median list price in Jul 2022 - Sep 2022: $1.2M Median list price in Oct 2022 - Dec 2022: $990K Median list price in Jan 2023 - Mar 2023: $1.2M Median list price in Apr 2023 - Jun 2023: $799K Median list price in Jul 2023 - Sep 2023: $1.4M Median list price in Oct 2023 - Dec 2023: $1.1M Median list price in Jan 2024 - Mar 2024: $800K Median list price in Apr 2024 - Jun 2024: $1.3M Median list price in Jul 2024 - Sep 2024: $1.9M Median list price in Oct 2024 - Dec 2024: $887K Median list price in Jan 2025 - Mar 2025: $1.3M Median list price in Apr 2025 - Jun 2025: $1.2M Median list price in Jul 2025 - Sep 2025: $980K Median list price in Oct 2025 - Dec 2025: $1.8M Median list price in Jan 2026 - Mar 2026: $2.2M Apr 2021 - Jun 2021 Median sale price $940K Median list price $1.2M Jul 2021 - Sep 2021 Median sale price $975K Median list price $919K Oct 2021 - Dec 2021 Median sale price $707K Median list price $972K Jan 2022 - Mar 2022 Median sale price $1.1M Median list price $1.2M Apr 2022 - Jun 2022 Median sale price $1.1M Median list price $1M Jul 2022 - Sep 2022 Median sale price $1.2M Median list price $1.2M Oct 2022 - Dec 2022 Median sale price $782K Median list price $990K Jan 2023 - Mar 2023 Median sale price $1.5M Median list price $1.2M Apr 2023 - Jun 2023 Median sale price $958K Median list price $799K Jul 2023 - Sep 2023 Median sale price $683K Median list price $1.4M Oct 2023 - Dec 2023 Median sale price $965K Median list price $1.1M Jan 2024 - Mar 2024 Median sale price $817K Median list price $800K Apr 2024 - Jun 2024 Median sale price $1.1M Median list price $1.3M Jul 2024 - Sep 2024 Median sale price $1.2M Median list price $1.9M Oct 2024 - Dec 2024 Median sale price $798K Median list price $887K Jan 2025 - Mar 2025 Median sale price $1.4M Median list price $1.3M Apr 2025 - Jun 2025 Median sale price $1M Median list price $1.2M Jul 2025 - Sep 2025 Median sale price $1.2M Median list price $980K Oct 2025 - Dec 2025 Median sale price $1.1M Median list price $1.8M Jan 2026 - Mar 2026 Median sale price $2.3M Median list price $2.2M
Median sale price
Median list price
* Data provided by Redfin, a national real estate brokerage.
25
Seller’s Market
Seller’s Market
Buyer’s Market
0
25
50
75
100

Market gauge is calculated using active listings and pending sales from the most recently available reporting period (Mar 2026 - May 2026).

Inventory in Deephaven has expanded in this rolling three-month view, with active listings up about 49% from a year ago. New listings are only slightly higher year over year, so much of the growth comes from homes staying on the market longer. Months of supply has more than doubled compared with last year, reaching about 6.4 months and signaling more options for shoppers.

Contract activity has strengthened alongside this inventory build. Homes sold are up roughly 71% from a year ago, and pending sales have climbed more than 26%, indicating solid buyer interest despite the higher supply. At the same time, homes are moving much faster than a year ago, with the median days on market dropping sharply to around two weeks in the most recent period.

Pricing is reacting to these shifting conditions in a mixed way. The typical home value over the latest three months is up strongly year over year, rising more than 90%, yet the median list price is up a more moderate 35% and the share of homes selling above list has trended lower. An average sale-to-list ratio around 94% suggests buyers often have some room to negotiate, even in a market still labeled as favoring sellers. Whether you are trying to stand out as a seller or secure the right home as a buyer, Agent Pronto can connect you with a Deephaven agent who understands these trends and can guide your next move.



Learn more about what Deephaven has to offer.

Deephaven offers residents a welcoming, family-friendly community with beautiful lakes, abundant outdoor recreation, strong schools, and a peaceful, close-knit small-town atmosphere.

Deephaven immediately stands apart from nearby Minnetonka and Plymouth with its quiet, woodsy character and close relationship to Lake Minnetonka. Streets curve through mature trees toward small neighborhood beaches and docks, creating a setting that feels tucked away yet still connected to the broader Hennepin County area.

Public lake access and parks shape daily life here. Residents frequent Thorpe Park for ballfields and playgrounds, while Cottagewood Children’s Park anchors one of the city’s most beloved micro-neighborhoods. The Lake Minnetonka Regional Trail threads through town, popular with runners, cyclists, and families out for an evening walk.

Community identity is strong, with events often centered around Cottagewood General Store and local beaches. Families are drawn to the highly regarded Minnetonka Public Schools, and the nearby Excelsior area adds dining, boutiques, and a classic small-town main street feel.

Housing in Deephaven ranges from modest cottages to substantial lakefront homes, and inventory can be limited. For buyers, preparation and clarity about priorities are essential in a market where desirable properties move quickly. For longtime residents considering a sale, thoughtful pricing and timing make a significant difference in reaching the right pool of buyers. Agent Pronto can connect both buyers and sellers with a real estate professional who knows Deephaven’s nuances and can help them move confidently when the moment is right.

Find your Deephaven real estate agent today →


Trusted by over 500,000 buyers and sellers.

See why so many people rely on Agent Pronto to make their real estate journey a success.

“Susan helped me sell my dad's house after he unexpectedly passed away in 2025. She was so kind and empathetic about my situation, and very patient as it took us months to empty the house before it was listed. But from the start she worked hard to get us the right resources and information. She was incredibly helpful during the selling process and gave great suggestions on price. She made the process pretty easy!”

Cyndi · Apple Valley, MN

Photo of Susan Jackson
RE/MAX Results
“I purchased my first home with the help of Heather Warner. From a quick google search of realators specializing in first time homebuyers I found the Barker Hedges team which led me to Heather. Leaning heavily on her experience I had unwavering faith in her to provide valuable consultation in all aspects of the house buying process. Strongly reccomend Heather to any homebuyers. She simplified the process for me tremedously and will was extremely honest in the house touring process. She will be a strong voice for you communicating at a very high level.”

Nate · Blaine, MN

Photo of Heather Warner
RE/MAX REMAX Results
“The team was efficient, thoughtful, disciplined and committed. The access to immediate contractor support was also helpful.”

PCG · Rochester, MN

Photo of Deanna Brumbaugh
RE/MAX Advantage Plus
“Jennifer was a pleasure to work with, along with being professional and educated on all aspects of the transaction. She was able to provide insight into the market and reacted to the situation. Plus we had lots of fun working together!”

Diane Smith · Tampa, FL

Photo of Jenny Dedrick
exp realty
“I had an exceptional experience working with my real estate agent in selling my house in Plymouth, Minnesota. He provided invaluable advice on repairs, staging, and pricing, ensuring that every aspect of the sale was optimized. He even took the time to show me comparable properties, helping me determine the best listing price. Thanks to his expertise and dedication, I’m taking the time to leave reviews on multiple websites. I couldn’t have asked for a better realtor.”

Josh · Plymouth, MN

Photo of Minnesota Property Group
RE/MAX Results
“Shari was wonderful to work with. We have known each other for years but never worked together in this capacity. It is very obvious how much she loves her job! She was knowledgable and took my needs into consideation throughout the whole process. It was wonderful to work with her!”

Michele Berndt · Albertville, MN

Photo of Shari McGuire
Pemberton RE
“Amy was very helpful and knowledgeable. Everything went well.”

Barbara S. · Minneapolis, MN

Photo of Amy Westerlund
Keller Williams Premier Realty
“Great job. Skip was great to work with.”

Mary C. · St. Cloud, MN

Photo of Skip Halverson
RE/MAX Results
“I was pleasantly surprised when I only had 1 phone call from realtors. My realtor (Jeremy) was amazing. I believe his commitment is what sold the house. He was very fluent in keeping in touch and letting me know what was happening.”

Tammey A. · Coon Rapids, MN

Photo of Jeremy Ellingson
RE/MAX Advantage Plus
“Christina was an excellent Realtor to work with. Everything went very smoothly from start to finish.”

Dave K. · North Saint Paul, MN

Photo of Christina Chatlain
Keller Williams Premier Realty
“My family enjoyed working with Polina! She was friendly and always kept things real! She was more then just an agent!! Polina, was always easy to communicate with and promptly answered any questions or concerns!”

Heather · Inver Grove Heights, MN

Photo of The Kilpela Group
National Realty Guild
“Awesome agent. Took time to listen to my needs and desires and went out to find my dream house. This guys knows how to get the job done. I wish more people had the compassion and skill. This was a very pleasant experience.”

Diane and Jesse · North Branch, MN

Photo of The Mike VanGrinsven Group
RE/MAX Professionals
“This service was fast and easy to use. I ended up using the first realtor that came up, and she turned out to be just fabulous.”

Gregg D. · West Saint Paul, MN

Photo of Misty May & Team
Coldwell Banker Realty
“Working with Chad was a joy. He was very open to what my selling process would be like. I would definitely use Chad again for any home buying/selling needs.”

Fred L. · Hastings, MN

Photo of Chad Baker
RE/MAX Advantage Plus
“My partner and I worked with Kong for 4 months and he helped us buy our home. Throughout the whole process, Kong was extremely professional, responsive, honest and knowledgeable. He really worked with our availability during all the showings. He also helped us through a difficult situation with the sellers. We would definitely recommend and work with Kong again!”

Kelsey · St. Paul, MN

Photo of Kong Lee
Partners REalty
“Glad to have made this decision to use Jeff. He did a good job for us!”

Judi G. · Oak Grove, MN

Photo of Jeff Tollefson
RE/MAX Real Estate Properties
“Collin really took the time to make sure we understood everything about the process of buying our home. He was patient with us and never pressured us into settling.”

Jade Erickson · St. Paul, MN

Photo of Collin Vold
EXP Realty MN

Frequently Asked Questions

There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Deephaven. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.


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