A typical Deer Creek home is worth about $252,000
Up 6% in a year, 28% below the Minnesota typical home.
Only 2 sales in May 2026: in a market this size, monthly medians swing a lot, so the typical value is the steadier guide.
What kind of housing town is Deer Creek?
Read from the numbers below. The page puts what stands out first.
Up 22.4% in five years
Faster than Minnesota (14.1%).
Show as a table
| January | Deer Creek | Minnesota |
|---|---|---|
| 2017 | $143,000 | $217,000 |
| 2018 | $147,000 | $232,000 |
| 2019 | $151,000 | $246,000 |
| 2020 | $167,000 | $259,000 |
| 2021 | $186,000 | $282,000 |
| 2022 | $210,000 | $313,000 |
| 2023 | $219,000 | $325,000 |
| 2024 | $221,000 | $331,000 |
| 2025 | $235,000 | $341,000 |
| 2026 | $242,000 | $349,000 |
| August 2026 | $252,000 | $351,000 |
A typical Deer Creek home worth $138K in September 2016 is worth about $252K today.
Zillow Home Value Index: the typical value of all homes (middle third), smoothed and seasonally adjusted, through August 2026.
What it takes to buy in Deer Creek
Try your own numbers below.
That covers a typical Deer Creek home, with $89K to spare.
A two-bedroom rents for about $990 a month here, $540 less than owning.
An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.
79% of Deer Creek households own their home
Half of Deer Creek’s homes were built before 1954.
Minnesota: 72% own.
U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $990
Renters already here pay a median of $381, so moving in tends to cost more than staying put.
Fair Market Rent a month, utilities included
U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Otter Tail County, MN): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.
No new homes permitted in 2025
No permits for new homes were issued in Deer Creek in 2025. The last year with any was 2020 (1 new home).
Every year as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 0 | 0 | 0 | — |
| 2025 | 0 | 0 | 0 | — |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 1 | 1 | 0 | $100,000 |
| 2019 | 0 | 0 | 0 | — |
| 2018 | 2 | 2 | 0 | $425,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 0 | 0 | 0 | — |
| 2015 | 0 | 0 | 0 | — |
| 2014 | 0 | 0 | 0 | — |
| 2013 | 0 | 0 | 0 | — |
| 2012 | 0 | 0 | 0 | — |
| 2011 | 0 | 0 | 0 | — |
| 2010 | 1 | 1 | 0 | $95,000 |
| 2009 | 1 | 1 | 0 | $95,000 |
| 2008 | 0 | 0 | 0 | — |
| 2007 | 3 | 3 | 0 | $458,000 |
| 2006 | 1 | 1 | 0 | $138,000 |
| 2005 | 1 | 1 | 0 | $138,000 |
| 2004 | 0 | 0 | 0 | — |
| 2003 | 5 | 5 | 0 | $615,000 |
| 2002 | 0 | 0 | 0 | — |
| 2001 | 0 | 0 | 0 | — |
| 2000 | 1 | 1 | 0 | $108,000 |
Deer Creek's permit office didn't report to the Census in 2025, so the 2025 figures are Census estimates.
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.
On the market in Deer Creek
Listed in the past 60 days. Each opens on the listing site.
Neighbors talk housing
What Deer Creek buyers, sellers and renters are saying.
Your answer becomes a post in Town Square.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.