Deer Park, New York Housing Market Prices
Deer Park Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
-
Median home price 86% below the New York median$64,931
-
Median rent 17% above the New York median$1,900
Housing Market Overview
| Metric | Deer Park | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $64,931 | $471,885 | $248,835 |
| Price Trend (Annual %) | -3.1% | 7.1% | 7.5% |
| Median Gross Rent | $1,900 | $1,621 | $1,407 |
| Rent Trend (Annual %) | 2.4% | 4.3% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Deer Park is about 86% lower than in New York. Rent is about 17% higher than the New York average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Deer Park: home prices fell about 3.1% a year while rent rose about 2.4% a year. That is an unusual pattern worth watching.
Median rent in Deer Park rose about 23.3% between 2015 and 2024, from $1,542 to $1,900. Over the same span, rent in New York rose about 43.2%.
Affordability
On average, housing unit costs 0.5 yearly household incomes in Deer Park.
Buying the median-priced home in Deer Park costs roughly 2.8 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Deer Park. The price-to-rent ratio in New York is about 24.3.
| Metric | Deer Park | New York Avg | US Average |
|---|---|---|---|
| Median Home Price | $64,931 | $471,885 | $248,835 |
| Median Household Income | $134,164 | $86,556 | $80,455 |
| Price-to-Income Ratio | 0.5 | 5.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Deer Park fell about 81.1%, while median household income rose about 66.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Deer Park | New York Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 78.7% | 48.8% | 58.5% |
| Rental Rate | 17.5% | 41.1% | 31.2% |
| Vacancy Rate | 3.8% | 10.1% | 10.2% |
| Median Tenure (years) | 20.0 | 17.0 | 15.0 |
| Median Year Moved In | 2006 | 2009 | 2011 |
Deer Park has a homeownership rate of 78.7%, higher than the New York average of 48.8%. Its housing vacancy rate is 3.8%, compared with 10.1% in New York.
Housing Stock
| Metric | Deer Park | New York Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.09 people | 2.49 people | 2.53 people |
| Median Structure Built Year | 1964 | 1960 | 1978 |
| Median Number of Rooms | 6.3 | 5.0 | 5.5 |
The typical housing unit in Deer Park was built around 1964. On average, 3.1 people live in a home with about 6.3 rooms, staying for about 20.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Deer Park, New York.
What is the median home price in Deer Park, New York?
The median home price in Deer Park, New York is $64,931, lower than the New York average of $471,885.
What is the average home price in Deer Park, New York?
The typical home price in Deer Park, New York, reported as the median sale price, is $64,931. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Deer Park, New York?
The median gross rent in Deer Park, New York is $1,900 per month, higher than the New York average of $1,621.
What was the median gross rent in Deer Park in 2020?
In 2020, the median gross rent in Deer Park, New York was $1,513 per month.
What is the price-to-rent ratio in Deer Park, New York?
The price-to-rent ratio in Deer Park, New York is about 2.8, meaning it would take roughly 2.8 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Deer Park.
Are home prices or rent rising faster in Deer Park, New York?
Home prices and rent are moving in opposite directions in Deer Park: home prices fell about 3.1% a year while rent rose about 2.4% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Deer Park, New York?
78.7% of households in Deer Park, New York own their home, higher than the New York average of 48.8%.
What is the vacancy rate in Deer Park, New York?
The housing vacancy rate in Deer Park, New York is 3.8%, lower than the New York average of 10.1%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →