Deerpark, NY is a great place to invest in real estate. The median value of homes in Deerpark is currently $260,400, which is significantly lower than the national median of $338,100. In the past year alone, the appreciation of house values in Deerpark has been 12.09%, which is higher than the US average of 8.27%. This trend indicates that buying a home in Deerpark may be a sound investment for those looking to gain more value from their purchase over time. With its below-average prices and high rate of appreciation, Deerpark looks like an excellent choice for those looking to buy a new home.
The median home cost in Deerpark is $260,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Deerpark is up 14.6%.
Average Age of Homes
- The median age of Deerpark real estate is 49 years old
The Rental Market in Deerpark
- Renters make up 18.7% of the Deerpark population
- 1.6% of houses and apartments in Deerpark, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.