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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Deer Park, OH Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q4 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2022 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Deer Park, OH Housing Market Trends

With a population of 5,317, 2,590 total housing units (homes and apartments), and a median house value of $241,600, Deer Park real estate and house prices are near the national average for all cities and towns.

Single-family detached homes are the single most common housing type in Deer Park, accounting for 80.20% of the city's housing units. Other types of housing that are prevalent in Deer Park include duplexes, homes converted to apartments or other small apartment buildings ( 15.18%), large apartment complexes or high rise apartments ( 4.63%).

Dwellings in Deer Park tend to be quite small (one, two, or no bedrooms) and owner occupied. In fact, 51.07% of the homes in Deer Park have two or fewer bedrooms.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America's cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Deer Park's housing was primarily built during this period, from the '40s through the '60s. A full 60.97% of the city's housing hails from this era. Other housing ages represented in Deer Park include homes built before 1939 ( 31.91%) and housing constructed between 1970-1999 ( 5.64%). There's also some housing in Deer Park built between 2000 and later ( 1.48%).

Deer Park Home Appreciation Rates

Appreciation rates for homes in Deer Park have been tracking above average for the last ten years, according to NeighborhoodScout data. The cumulative appreciation rate over the ten years has been 101.49%, which ranks in the top 30% nationwide. This equates to an annual average Deer Park house appreciation rate of 7.26%.

NeighborhoodScout's data show that during the latest twelve months, Deer Park's appreciation rate, at 6.60%, has been at or slightly above the national average. In the latest quarter, Deer Park's appreciation rate has been 0.10%, which annualizes to a rate of 0.40%.

Relative to Ohio, our data show that Deer Park's latest annual appreciation rate is higher than 80% of the other cities and towns in Ohio.

Average Home Values

Median Home Value

$241,600

Deer Park, OH Home Prices
> $1,342,000
$1,007,001 - $1,342,000
$671,001 - $1,007,000
$537,001 - $671,000
$403,001 - $537,000
$269,001 - $403,000
$134,001 - $269,000
$67,001 - $134,000
$0 - $67,000
0.0%
0.0%
0.0%
0.0%
1.3%
1.3%
0.0%
0.0%
3.0%
3.0%
23.5%
23.5%
70.9%
70.9%
1.0%
1.0%
0.4%
0.4%
0% 100.0%
% of Homes
Average

for Ohio

Average

for nation

Number of Homes And Apartments:

2,590

Deer Park Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,372 / per month

Homeownership Rate

Owners
Renters
71.9%
71.9%
28.1%
28.1%
0% 100.0%
% of Homes

Vacancy Rate

Vacant
Occupied
6.4%
6.4%
93.6%
93.6%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
1.5%
1.5%
5.6%
5.6%
61.0%
61.0%
31.9%
31.9%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
80.2%
80.2%
0.0%
0.0%
15.2%
15.2%
4.6%
4.6%
0.0%
0.0%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
3.0%
3.0%
8.3%
8.3%
39.8%
39.8%
31.0%
31.0%
16.6%
16.6%
1.3%
1.3%
0% 100.0%
% of Homes