Deer Park, WA—99006
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Deer Park, WA
As of Oct '25, the median home price in Deer Park, WA is $462,000, with a year-over-year change of -0.8%. This indicates that home prices in Deer Park, WA are flat. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $462,000 | -0.8% |
| Single Family | $467,000 | -0.6% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $434,000 | -1.1% |
2 Bed | $388,000 | 0.8% |
3 Bed | $459,000 | -0.6% |
4 Bed | $557,000 | -0.5% |
| 5 Bed | $592,000 | -0.5% |
% of Housing Stock
Rental Trends — Deer Park, WA
As of July '25, Rentcast reports the average rent in Deer Park, WA is $2,090, with a year-over-year rent change of -8.3%. Per bedroom, the median rent as of July '25 in Deer Park, WA is 3-bedrooms: $1,990, 4-bedrooms: $2,500. The most common rental property sizes in Deer Park, WA are 2-bedroom and 3-bedroom, accounting for 37.8% and 26.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,100 | $2,090 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,050 | $1,990 |
| 4 Bed Rent | $2,500 | $2,500 |
% of Rental Stock
Property Listings — Deer Park, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Deer Park, WA is 51. This is a decrease of -3.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $575,000 | -1.0% |
Listing Count | 88 | 5.0% |
| Listings as % of Homes | 0.8% | 5.0% |
Days on Market | 51 | -3.0% |
Demographics — Deer Park, WA
As of the latest ACS Survey released in 2023, Deer Park, WA has a population of 14,700, which has increased by 12.3% over the past 5 years. Deer Park, WA is a moderately popular place for families, as children make up 24.5% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,700 | 12.3% |
% Under 18 | 24.5% | -3.5% |
% Seniors | 18.1% | 4.0% |
% WFH | 10.4% | 15.6% |
% w/ College Degree | 16.0% | -1.2% |
As of the latest ACS Survey released in 2023, Deer Park, WA is a predominantly white area, with 90.8% of the population identifying as white. The white population has shrunk by 4.5% in the last 5 years. The second most common race or ethnicity in Deer Park, WA is hispanic, making up 3.7% of the population. Foreign-born residents account for 1.8% of the population in Deer Park, WA, and this percentage has increased by 12.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.8% | -4.5% |
% Black | 0.1% | -50.0% |
% Hispanic | 3.7% | 94.7% |
% Asian | 0.1% | -88.9% |
% Foreign Born | 1.8% | 12.5% |
Mortgage and Risk — Deer Park, WA
According to HUD data as of 2023, there were 373 mortgage originations in Deer Park, WA, of which 80.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Deer Park, WA. Investor activity is low, as 0.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 373 |
% Conventional Loans | 80.0% |
% Government Loans | 20.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Deer Park, WA
Deer Park, WA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 71 |
Total Units Section 8 | 47 |
% Rentals under Section 8 | 5.7% |
% Occupied Section 8 | 89.2% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $920 |
| 2 Bedroom | N/A | N/A | $1,180 |
| 3 Bedroom | -$390 | $2,050 | $1,660 |
| 4 Bedroom | -$580 | $2,500 | $1,920 |
Affordability — Deer Park, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 7 |
| Median Home Price | $462,000 |
| Median Household Income | $65,400 |