$6,876 Closing Credit*
$579,000
3 Beds
•1 Full Bath, 1 Partial
Listing Office: Realty Connect USA L I Inc
Is Deer Park, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Deer Park was a Seller's Market.
Key Takeaway
Deer Park is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Deer Park, NY
How much do homes in Deer Park, NY cost?
Median Sold Price
$605,000
$355/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$57,000(+10.4%)
Key Takeaway
Homes in Deer Park have sold for 10.4% more than they did a year ago.
Summary: The median home sold price in Deer Park was $605,000 in October 2024, up 10.4% from last year, and the median price per square foot was $355.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $400K | $430K | +7.5% |
| 2 Bedrooms | $425K | $424.7K | -0.1% |
| 3 Bedrooms | $525K | $585K | +11.4% |
| 4 Bedrooms | $600K | $645K | +7.5% |
| 5+ Bedrooms | $608K | $692.5K | +13.9% |
Summary: Deer Park housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes decreased by 0.1%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 7.5%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Neighborhoods
| North Babylon | $525K | $608K | +15.8% |
| Deer Park | $548K | $605K | +10.4% |
| Wyandanch | $447K | $490K | +9.6% |
| Baywood | $500K | $545K | +9.0% |
| Wheatley Heights | $620K | $665K | +7.3% |
Housing Supply in Deer Park, NY
How many homes are available in Deer Park, NY?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 113 | 114 | +0.9% |
Summary: The Deer Park real estate market had 114 homes for sale in October 2024, a 0.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 13 | 15 | +15.4% |
| 3 Bedrooms | 36 | 37 | +2.8% |
| 4 Bedrooms | 41 | 39 | -4.9% |
| 5+ Bedrooms | 22 | 23 | +4.5% |
Summary: The Deer Park housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 15.4%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 4.9%, and 5+ bedroom homes increased by 4.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 13 | -27.8% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Deer Park, you could pay more than the asking price. 53.8% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Deer Park in October 2024, down by 27.8% month-over-month. Of the 13 sold homes, 31% were sold under asking, 15% were sold at asking, and 54% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 27 Days | 56 Days | +105.1% |
Summary: Homes in Deer Park had an average of 56 days on market in Oct 2024, up by 105.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 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 October 2024, 13 homes were sold in Deer Park; 38% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 31% 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.