Deer Park First-Time Homebuyer Report for October

Deer Park is a small city in Maryland with a median income of $41,766 per household. Besides being much less affluent than average, its population is much older than others with a median age of 34 years. The Deer Park market is almost exclusively made up of detached houses, which currently account for 100% of the homes for sale in the area. Topping the list of best schools in the city is Swan Meadow School.

Price Range

Some of the least expensive homes in Maryland are in Deer Park with a median home value of $133,200, while the list prices of available homes is currently at an average of $165,259. Yet again, no deals were completed in the Deer Park market over the last 30 days. Deer Park is used to having 0.3 sales per month.

Out of all the listings in Deer Park, these have been viewed the most. So be sure to see what all the fuss is about with these fabulous homes.

$230K  

Typical Dwelling

A four-bedroom detached home valued around $178,000 is considered a typical dwelling in Deer Park. If a buyer was looking for a similar home, they would need good credit and a $35,600 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $28 and the property tax rate is $9.22 per $1,000 of taxable assessed value.

Get started right now by checking out Deer Park homes for sale or reviewing Deer Park real estate trends.


Data reported through 10/13/2016

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