Is Deer Park, WA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Deer Park has remained a Seller's Market.
Housing Prices in Deer Park, WA
How much do homes in Deer Park, WA cost?
Median Sold Price
$454,990
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Deer Park was $454,990 in April 2024, up 8.3% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $245K | N/A |
2 Bedrooms | $301.5K | $342.5K | +13.6% |
3 Bedrooms | $411.4K | $430K | +4.5% |
4 Bedrooms | $474.9K | $500K | +5.3% |
5+ Bedrooms | $482.8K | $507.4K | +5.1% |
Summary: Deer Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 13.6%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 5.1%.
Housing Supply in Deer Park, WA
How many homes are available in Deer Park, WA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 64 | +30.6% |
Summary: The Deer Park real estate market had 64 homes for sale in April 2024, a 30.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 5 | 8 | +60.0% |
3 Bedrooms | 27 | 30 | +11.1% |
4 Bedrooms | 13 | 16 | +23.1% |
5+ Bedrooms | 4 | 8 | +100.0% |
Summary: The Deer Park housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
11 | 11 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 11 homes were sold or pending in Deer Park in April 2024, the same as the previous month. Of the 11 sold homes, 9% were sold under asking, 64% were sold at asking, and 27% were sold over asking.
Days on Market for Deer Park, WA
How long does it take to sell a home in Deer Park, WA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 17 Days | -63.1% |
Summary: Homes in Deer Park had an average of 17 days on market in Apr 2024, down by 63.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 11 homes were sold in Deer Park; 64% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.