Market Overview
Home Prices in Deer Park, MD
The median home value in Deer Park, MD is $178,176 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.7% compared to a year ago and up 7.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in Deer Park are priced57% below average.
Price History
Deer Park Home Price Trend
2022
$169,596
$170K
—
2023
$167,996
$168K
-0.9%
2024
$168,263
$168K
+0.2%
2025
$181,196
$181K
+7.7%
2026
$178,176
$178K
-1.7%
City Comparison
Deer Park vs. National Median
🏠 Deer Park
$178,176
National Median
$410,000
At $178,176, homes in Deer Park cost 57% below the national median of $410,000. This makes Deer Park a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Deer Park?
20% Down Payment
$35,635
on $178,176
Monthly P&I
$929/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,180/mo
incl. taxes & insurance
Income Needed
$47,200
gross annual (30% rule)
10% Down Option
$17,818
+ PMI applies
Loan Amount (20% dn)
$142,541
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Deer Park, MD?
The median home value in Deer Park is $178,176 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.7% year-over-year.
How much have home prices changed in Deer Park?
Over the past year, home values in Deer Park have decreased by 1.7%.
How much do I need to earn to buy a home in Deer Park?
To comfortably afford the median home price of $178,176 with a 20% down payment ($35,635) at today's rates (6.8%), you'd need a gross annual income of approximately $47,200. This assumes keeping total housing costs at or below 30% of gross income.
How does Deer Park compare to the national average home price?
The national median home value is approximately $410,000. At $178,176, homes in Deer Park are 57% below the national average.