Market Overview
Home Prices in Deer Park, WI
The median home value in Deer Park, WI is $350,355 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4.5% compared to a year ago and up 1.8% from two years prior.
Compared to the U.S. national median of $410,000, homes in Deer Park are priced15% below average. Deer Park is part of the Minneapolis-St. Paul-Bloomington, MN-WI metro area.
Over the past five years, Deer Park home values have risen by approximately27.3%, reflecting strong long-term appreciation in this market.
Price History
Deer Park Home Price Trend
City Comparison
Deer Park vs. National Median
At $350,355, homes in Deer Park cost 15% 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
$70,071
on $350,355
Monthly P&I
$1,827/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,320/mo
incl. taxes & insurance
Income Needed
$92,800
gross annual (30% rule)
10% Down Option
$35,036
+ PMI applies
Loan Amount (20% dn)
$280,284
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, WI?
The median home value in Deer Park is $350,355 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4.5% year-over-year.
How much have home prices changed in Deer Park?
Over the past year, home values in Deer Park have increased by 4.5%. Over five years, prices have risen approximately 27.3%.
How much do I need to earn to buy a home in Deer Park?
To comfortably afford the median home price of $350,355 with a 20% down payment ($70,071) at today's rates (6.8%), you'd need a gross annual income of approximately $92,800. 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 $350,355, homes in Deer Park are 15% below the national average.
What metro area is Deer Park part of?
Deer Park is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.