Is Deerfield, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Deerfield is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, Deerfield has remained a Seller's Market.

Key Takeaway

Deerfield is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Deerfield, OH

How much do homes in Deerfield, OH cost?

Median Sold Price

$800,000

$236/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

+$590,000(+281.0%)

Key Takeaway

Homes in Deerfield have sold for 281% more than they did a month ago.

Summary: The median home sold price in Deerfield was $800,000 in November 2024, up 281% from last month, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $220K-
N/A
3 $171K-
N/A
4 --
N/A
5+ -$800K
N/A

Summary: Deerfield housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Deerfield
+281.0%
Deerfield Township
+45.2%

Housing Supply in Deerfield, OH

How many homes are available in Deerfield, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
85-37.5%

Summary: The Deerfield real estate market had 5 homes for sale in November 2024, a 37.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 20
-100.0%
3 52
-60.0%
4 01
+100.0%
5+ 12
+100.0%

Summary: The Deerfield housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes decreased by 60%, 4 bedroom homes increased by 100%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
51-80.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deerfield, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Deerfield in November 2024, down by 80.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Deerfield, OH

How long does it take to sell a home in Deerfield, OH?

Average Sale Time

Oct 2024Nov 2024CHANGE
70 Days22 Days-68.8%

Summary: Homes in Deerfield had an average of 22 days on market in Nov 2024, down by 68.8% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Deerfield are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 1 homes were sold in Deerfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 18 Days Ago

Newest Listings in Deerfield, OH

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