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 Last Month

Since last month, 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

$265,000

$215/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$195,000(-42.4%)

Key Takeaway

Homes in Deerpark have sold for 42.4% less than they did a month ago.

Summary: The median home sold price in Deerpark was $265,000 in November 2024, down 42.4% from last month, and the median price per square foot was $215.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $205K$195K
-4.9%
3 $460K$285K
-38.0%
4 $680K$205K
-69.9%
5+ --
N/A

Summary: Deerpark housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.9%, 3 bedroom homes decreased by 38%, 4 bedroom homes decreased by 69.9%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Deerpark
-42.4%
Sparrow Bush
-58.1%

Housing Supply in Deerpark, NY

How many homes are available in Deerpark, NY?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5146-9.8%

Summary: The Deerpark real estate market had 46 homes for sale in November 2024, a 9.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 910
+11.1%
3 3025
-16.7%
4 77
0.0%
5+ 33
0.0%

Summary: The Deerpark housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

2 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. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Deerpark in November 2024, down by 28.6% month-over-month. Of the 5 sold homes, 60% were sold under asking, 0% were sold at asking, and 40% 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

Oct 2024Nov 2024CHANGE
58 Days26 Days-55.0%

Summary: Homes in Deerpark had an average of 26 days on market in Nov 2024, down by 55% compared to last month.

Breakdown of Home Sale Times

4 Homes Were 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 November 2024, 5 homes were sold in Deerpark; 80% of homes were sold within 30 days, 20% 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 20 Days Ago

Newest Listings in Deerpark, NY

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