$2,888,000
134.00 Acres
Land
Listing Office: All Island Estates Realty Corp
Is Deer Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Deer Park has remained a Seller's Market.
Key Takeaway
Deer Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Deer Park, NY
How much do homes in Deer Park, NY cost?
Median Sold Price
$607,920
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$60,170(+11.0%)
Key Takeaway
Homes in Deer Park have sold for 11% more than they did a year ago.
Summary: The median home sold price in Deer Park was $607,920 in November 2024, up 11% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $430K | +7.5% |
| 2 Bedrooms | $420K | $241.5K | -42.5% |
| 3 Bedrooms | $530K | $590K | +11.3% |
| 4 Bedrooms | $600K | $645K | +7.5% |
| 5+ Bedrooms | $622.5K | $692.7K | +11.3% |
Summary: Deer Park housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes decreased by 42.5%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 11.3%.
Median Sold Price Compared To Nearby Neighborhoods
| North Babylon | $530K | $610K | +15.1% |
| Wyandanch | $448K | $500K | +11.6% |
| Deer Park | $547.7K | $607.9K | +11.0% |
| Baywood | $500K | $550K | +10.0% |
| Wheatley Heights | $636.7K | $660K | +3.7% |
Housing Supply in Deer Park, NY
How many homes are available in Deer Park, NY?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 114 | 112 | -1.8% |
Summary: The Deer Park real estate market had 112 homes for sale in November 2024, a 1.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 37 | 37 | 0.0% |
| 4 Bedrooms | 41 | 40 | -2.4% |
| 5+ Bedrooms | 23 | 20 | -13.0% |
Summary: The Deer Park housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 15.4%, 3 bedroom homes remained the same, 4 bedroom homes decreased by 2.4%, and 5+ bedroom homes decreased by 13%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deer Park, you could pay more than the asking price. 55% of homes here sold above asking price last month.
Summary: A total of 20 homes were sold or pending in Deer Park in November 2024, up by 5.3% month-over-month. Of the 20 sold homes, 15% were sold under asking, 30% were sold at asking, and 55% were sold over asking.
Days on Market for Deer Park, NY
How long does it take to sell a home in Deer Park, NY?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 31 Days | 44 Days | +38.2% |
Summary: Homes in Deer Park had an average of 44 days on market in Nov 2024, up by 38.2% compared to last year.
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Deer Park are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 20 homes were sold in Deer Park; 65% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 15% of homes were sold over 90 days.
Listings courtesy of OneKey MLS as distributed by MLS GRID.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the OneKey™ MLS. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.