Deer Park, OH
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Deer Park Neighborhoods Since 2000




Deer Park, OH Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Deer Park Housing Market Information

With a population of 5,682, 2,581 total housing units (homes and apartments), and a median house value of $139,943, 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 70.34% 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 ( 16.24%), large apartment complexes or high rise apartments ( 11.94%), and a few row houses and other attached homes ( 1.47%).

People in Deer Park primarily live in small (one, two or no bedroom) single-family detached homes. Deer Park has a mixture of owner-occupied and renter-occupied housing.

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 57.55% of the city's housing hails from this era. Other housing ages represented in Deer Park include homes built before 1939 ( 31.75%) and housing constructed between 1970-1999 ( 9.22%). There's also some housing in Deer Park built between 2000 and later ( 1.47%).

Deer Park Home Appreciation Rates

Real estate appreciation rates in Deer Park's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.26% during the period.

NeighborhoodScout's data show that during the latest twelve months, Deer Park's appreciation rate, at 5.07%, has been at or slightly above the national average. In the latest quarter, Deer Park's appreciation rate has been 0.43%, which annualizes to a rate of 1.74%.

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:
$139,943

Deer Park, OH HOME PRICES

Value Range
> $1,113,000 0.0
$835,001 - $1,113,000 0.0
$556,001 - $835,000 0.1
$445,001 - $556,000 0.1
$334,001 - $445,000 1.3
$222,001 - $334,000 1.5
$111,001 - $222,000 75.0
$56,001 - $111,000 19.7
$0 - $56,000 2.2

Average for OH
Average for Nation

Value Relative to Nation Value Relative to State
54.7579983593109 45.0131233595801

Number Of Homes And Apartments:
2,581

Deer Park Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OH*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
15.32% 0.83% 7 2
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,012 / per month

Homeownership Rate

Homeownership
Owners 62.35
Renters 37.65
Vacant 5.15

Housing Market Details

 

Age of Homes

AGE OF Deer Park HOMES
2000 or Newer 1.5
1970 - 1999 9.2
1940 - 1969 57.6
1939 or Older 31.8

Types of Homes

TYPE OF Deer Park HOMES
Single-Family 70.3
Townhomes 1.5
Small Apt. Buildings 16.2
Apt. Complexes 11.9
Mobile Homes 0.0
Other 0.0

Home Size

SIZE OF Deer Park HOMES
No Bedroom 6.14
1 Bedroom 11.17
2 Bedrooms 34.29
3 Bedrooms 33.74
4 Bedrooms 12.39
5 or more bedrooms 2.28