Is Deerpark, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Deerpark was a Seller's Market.
Housing Prices in Deerpark, NY
How much do homes in Deerpark, NY cost?
Median Sold Price
$321,000
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Deerpark was $321,000 in May 2024, up 14.7% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $140K | - | N/A |
2 Bedrooms | $174.5K | $255K | +46.1% |
3 Bedrooms | $296K | $327K | +10.5% |
4 Bedrooms | $331.2K | $370K | +11.7% |
5+ Bedrooms | $287.5K | $262K | -8.9% |
Summary: Deerpark housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.1%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 11.7%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
Deerpark | $279.9K | $321K | +14.7% |
Port Jervis | $233.5K | $255K | +9.2% |
Sparrow Bush | $296K | $310K | +4.7% |
Housing Supply in Deerpark, NY
How many homes are available in Deerpark, NY?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
33 | 42 | +27.3% |
Summary: The Deerpark real estate market had 42 homes for sale in May 2024, a 27.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 5 | 7 | +40.0% |
3 Bedrooms | 18 | 25 | +38.9% |
4 Bedrooms | 7 | 6 | -14.3% |
5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Deerpark housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes increased by 38.9%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
5 | 7 | +40.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 7 homes were sold or pending in Deerpark in May 2024, up by 40.0% month-over-month. Of the 7 sold homes, 29% were sold under asking, 14% were sold at asking, and 57% 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
May 2023 | May 2024 | CHANGE |
---|---|---|
49 Days | 70 Days | +40.4% |
Summary: Homes in Deerpark had an average of 70 days on market in May 2024, up by 40.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 7 homes were sold in Deerpark; 57% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.