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Deephaven Market Report

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LakeMinnetonkaRealEstate.com
Report prepared by LakeMinnetonkaRealEstate.com
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Market at a glance

Over the last 6 months, homes sold for 96.5% of list price in 121 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $22M Sold · $18.25M
$24M$16M$8M$0K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 6 sales in Sep. Last month: 1.

Where the market stands

All homes in this report, by status.

28homes
Active10 · 36%
Under contract4 · 14%
Sold (6 mo)14 · 50%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.3months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$2M
Under contract$2.04M
Sold$2.74M

Average days on market

Active93 days
Under contract52 days
Sold121 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 10
Average list price $1,998,480
Avg. days on market 93 days
Avg. price per ft² $445 Based on 9 of 10 homes
Avg. living area 4,905 ft² Based on 9 of 10 homes
Avg. beds / baths 4.7 / 4.4

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$6M$4M$2M$0

Price vs. living area: 9 homes plotted, up to $6M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 7 homes in this status.

3610 Northome Avenue$748
20565 Linden Road$578
20590 Linden Road$515
19670 Excelsior Boulevard$488
19135 Highland Avenue$444
18780 Minnetonka Boulevard$395
3480 Crest Avenue$376

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
19670 Excelsior BoulevardDeephaven, MN 55331 576,137$2,995,000$48814 days
20450 Linwood RoadDeephaven, MN 55331 ———$399,900—38 days
19055 Ridgewood RoadDeephaven, MN 55391 656,824$1,690,000$24743 days
3480 Crest AvenueDeephaven, MN 55391 321,660$625,000$37666 days
20565 Linden RoadDeephaven, MN 55331 545,000$2,890,000$57872 days
20590 Linden RoadDeephaven, MN 55331 656,200$3,195,000$51585 days
3567 Leroy StreetDeephaven, MN 55391 332,557$549,000$21487 days
3610 Northome AvenueDeephaven, MN 55391 443,198$2,395,000$74897 days
19135 Highland AvenueDeephaven, MN 55391 555,613$2,495,900$444195 days
18780 Minnetonka BoulevardDeephaven, MN 55391 556,956$2,750,000$395231 days
LakeMinnetonkaRealEstate.com

Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.