Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Deephaven

Learn about the people, housing, costs and businesses in Deephaven, Minnesota

Median Home$981,200
Population3,887
Leading IndustriesArts, Food & Hospitality · Healthcare · Education21% arts, food & hospitality
Home Value Growth⬆⬆+17.9% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners90% of occupied units
NotableHigh Incomes$194k/year · top 1% nationally
NotableHighly Educated39% bachelor's · 17% graduate · top 1% nationally
Deephaven
MN

Frequently Asked Questions

What are today's mortgage rates in Deephaven?

As of today, the 30-year fixed mortgage rate for Deephaven is approximately 6.834% (6.868% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Deephaven
What is the median home price in Deephaven?

The median home value in Deephaven is $981k. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Deephaven?

Home values in Deephaven have increased 17.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Deephaven?

Based on a typical all-in ownership cost of $2,799/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $120k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Deephaven is $194k/year.

Calculate your buying power
What industries drive the economy in Deephaven?

The largest employment sectors in Deephaven are healthcare (23%) and arts, food, and hospitality (21%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.