The station, situated on the line built by the Sheffield, Ashton-under-Lyne and Manchester Railway, opened on 14 July 1845.
The station was located between Oughtibridge and Wortley and was intended to serve the village of Deepcar, near Sheffield, South Yorkshire.
In 1899 the route became part of the Great Central Railway main line from London Marylebone to Manchester.
In the 1870s a short branch line was constructed to serve the Stocksbridge steel works of Samuel Fox and Company.
This line ran from the west end of Deepcar station to a set of sidings, where traffic was exchanged with the Stocksbridge Railway.