Deer Park's real estate market is experiencing a price correction, with values down 5.8% from last year. Home prices have decreased 2.8% in the past month. With 33 active listings, inventory is 83% higher than seasonal norms. Transaction volume is up 63% compared to what's typically expected this time of year. Approximately 38.5% of homes sold above list price, indicating some competitive segments within the market. Affordability remains a significant challenge in the Deer Park market with the affordability index at 431.0. Based on current market indicators, home prices in Deer Park are projected to decrease by approximately 13.2% over the next month.