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Featured local agent — Deer Lake, PA
Sarah Mitchell
Compass Real Estate · Deer Lake, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Deer Lake, PA Housing Market
The last median sale price Redfin published was $330,750, -19.3% year over year (through May 2026). With homes going under contract in about 43 days, Deer Lake is a leaning buyer's. At today's 7.03% 30-year fixed rate, 20% down on a $330,750 home is about $1,766/mo in principal and interest.
Key numbers for Deer Lake, PA
Median sale price
$330,750
-19.3% year over year
Redfin, through May 2026
Days on market
43
Average pace
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$107,917
Home costs 3.1x income
U.S. Census ACS, 2023
Sale-to-list ratio
95.5%
Selling below asking
Redfin, through May 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Deer Lake a buyer's or seller's market?
Deer Lake, PA is a leaning buyer's and homes selling in about 43 days. We classify markets from months of supply, sale-to-list ratio and days on market together — no single number decides it.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Deer Lake housing market data show?
Every row below is Redfin's final published month for Deer Lake, PA. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $330,750 |
| Year-over-year price change | -19.3% |
| Median price per sq ft | $213/sq ft |
| Median days on market | 43 days |
| Sale-to-list price ratio | 95.5% |
| Homes sold (that month) | 2 |
| Market condition | Leaning buyer's |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Deer Lake is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Deer Lake is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Deer Lake home prices moved?
Over the last three years the median sale price in Deer Lake, PA rose 21.4%, from $272,500 to $330,750.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Deer Lake?
Priced off the median sale price of $330,750 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $66,150 | $264,600 | $1,766/mo |
| 5% | $16,538 | $314,213 | $2,097/mo |
Redfin, through May 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,766, that implies roughly $75,674 a year before you add taxes and insurance. The median household in Deer Lake earns $107,917, about $32,243 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 3.1x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Deer Lake in the next 12 months?
Tell us your timeline. We send the Deer Lake market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Deer Lake?
Zillow does not publish a rent index (ZORI) for Deer Lake, PA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Deer Lake?
Active listings in Deer Lake, PA went from 2 in December 2024 to 1 in April 2026, a -50.0% change. Falling inventory tightens competition. When supply drops while demand holds, sale-to-list ratios rise before the median sale price does.
| Month | Active listings | New listings |
|---|---|---|
| January 2025 | 2 | 1 |
| February 2025 | 2 | 1 |
| March 2025 | 2 | 1 |
| May 2025 | 1 | 1 |
| July 2025 | 2 | 1 |
| August 2025 | 1 | 1 |
| September 2025 | 1 | 1 |
| October 2025 | 1 | not published |
| December 2025 | 2 | not published |
| February 2026 | 1 | 1 |
| March 2026 | 3 | 2 |
| April 2026 | 1 | 1 |
Redfin, through April 2026
How does Deer Lake compare to Pennsylvania and the U.S.?
Deer Lake homes sell for $330,750 — 0% above the Pennsylvania median of $330,200. Against the national median of $410,700, Deer Lake runs 19% lower. Year-over-year, Deer Lake moved -19.3% against Pennsylvania's +5.3% — a bigger swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Deer Lake, PA | $330,750 | -19.3% | 43 days |
| Pennsylvania statewide | $330,200 | +5.3% | 30 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Deer Lake
What buyers should watch
- The gap between 5% and 20% down here is $331 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $330,750 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Deer Lake listing goes under contract in 43 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 95.5% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Comparable ZIP-level pricing inside Deer Lake varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Deer Lake
Explore homes currently listed for sale in Deer Lake, Pennsylvania across major real estate platforms.
How much do homes cost in Deer Lake by property type?
How the Deer Lake, PA market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $330,750 | $213/sq ft | 2 | 43 days |
Who lives in Deer Lake?
American Community Survey estimates for Deer Lake. U.S. Census ACS, 2023
Population
730
Households
289
Median income
$107,917/yr
Median age
46.7 years
Owner-occupied
95.2%
Median home value
$223,000
Mean commute
34.7 min
95.2% of occupied homes in Deer Lake are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Deer Lake, PA?
Ordered by distance from Deer Lake, not by size. Compare Deer Lake side by side with any of them.
Deer Lake housing market FAQ
Is Deer Lake a buyer's or seller's market?
Deer Lake, PA is currently a leaning buyer's based on the supply, pace-of-sale and sale-to-list data we hold for this city. Redfin's public market tracker last published in May 2026, so this classification will not move until a new source fills that gap.
How much do homes cost in Deer Lake?
The median sale price in the last month Redfin published was $330,750, about $213 per square foot.
Is Deer Lake cheaper than the rest of Pennsylvania?
Deer Lake's median sale price of $330,750 is 0% higher than the Pennsylvania statewide median of $330,200, and 19% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Deer Lake?
Homes in Deer Lake, PA spent a median of 43 days on market before going under contract, versus 30 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Deer Lake?
At the current 30-year fixed rate of 7.03%, 20% down on a $330,750 home is about $1,766 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $75,674 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $107,917.
Are home prices rising in Deer Lake?
Redfin's last published year-over-year change for Deer Lake, PA was -19.3%, measured through May 2026. That series is frozen; treat it as a historical reading rather than a current trend.
What are the cheapest ZIP codes in Deer Lake?
Deer Lake ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Deer Lake?
That depends on your timeline, not on a headline. What the data says today: Deer Lake, PA is a leaning buyer's, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $330,750, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.