Is Deerpark, NY a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deerpark is a buyer's market

Buyer's
Market

Difference Since September 2023

Since last year, Deerpark has remained a Buyer's Market.

Key Takeaway

Deerpark is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Deerpark, NY

How much do homes in Deerpark, NY cost?

Median Sold Price

$326,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$50,000(+18.1%)

Key Takeaway

Homes in Deerpark have sold for 18.1% more than they did a year ago.

Summary: The median home sold price in Deerpark was $326,000 in September 2024, up 18.1% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $160K$42K
-73.8%
2 $194.4K$260K
+33.7%
3 $300K$327.2K
+9.1%
4 $445K$377.5K
-15.2%
5+ $175K$349K
+99.4%

Summary: Deerpark housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 73.8%, 2 bedroom homes increased by 33.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 15.2%, and 5+ bedroom homes increased by 99.4%.

Median Sold Price Compared To Nearby Cities

Deerpark
+18.1%
Port Jervis
+14.6%

Housing Supply in Deerpark, NY

How many homes are available in Deerpark, NY?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4754+14.9%

Summary: The Deerpark real estate market had 54 homes for sale in September 2024, a 14.9% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 23
+50.0%
2 88
0.0%
3 2730
+11.1%
4 79
+28.6%
5+ 34
+33.3%

Summary: The Deerpark housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 33.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
92-77.8%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deerpark, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Deerpark in September 2024, down by 77.8% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Deerpark, NY

How long does it take to sell a home in Deerpark, NY?

Average Sale Time

Sep 2023Sep 2024CHANGE
47 Days38 Days-18.1%

Summary: Homes in Deerpark had an average of 38 days on market in Sep 2024, down by 18.1% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Deerpark are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 2 homes were sold in Deerpark; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 29 Days Ago

Newest Listings in Deerpark, NY

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