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.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data
With a population of 33,468, 11,496 total housing units (homes and apartments), and a median house value of $297,856, 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 77.43% of the city's housing units. Other types of housing that are prevalent in Deer Park include large apartment complexes or high rise apartments ( 12.38%), mobile homes or trailers ( 5.12%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 4.60%).
Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Deer Park. Owner-occupied housing accounts for 76.26% of Deer Park's homes, and 75.58% have either three or four bedrooms, which is average sized relative to America.
There is a lot of housing in Deer Park built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Deer Park built between 2000 and later ( 26.25%). A lesser amount of the housing stock also hails from between 1940-1969 ( 22.59%).
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 103.18%, which ranks in the top 40% nationwide. This equates to an annual average Deer Park house appreciation rate of 7.35%.
NeighborhoodScout's data show that during the latest twelve months, Deer Park's appreciation rate, at 6.29%, has been at or slightly above the national average. In the latest quarter, Deer Park's appreciation rate has been 1.69%, which annualizes to a rate of 6.92%.
Relative to Texas, our data show that Deer Park's latest annual appreciation rate is higher than 80% of the other cities and towns in Texas.
One very important thing to keep in mind is that these are average appreciation rates for the city. Individual neighborhoods within Deer Park differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Deer Park - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Deer Park real estate investment or home purchase decisions.
$297,856
for Texas
for nation
11,496
$1,785 / per month