Is Deerfield, WI 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, WI

How much do homes in Deerfield, WI cost?

Median Sold Price

$470,983

$266/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$95,983(+25.6%)

Key Takeaway

Homes in Deerfield have sold for 25.6% more than they did a month ago.

Summary: The median home sold price in Deerfield was $470,983 in October 2024, up 25.6% from last month, and the median price per square foot was $266.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $380K$470.9K
+23.9%
4 $225K-
N/A
5+ --
N/A

Summary: Deerfield housing prices by bedroom type for October 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 increased by 23.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Deerfield, WI

How many homes are available in Deerfield, WI?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2016-20.0%

Summary: The Deerfield real estate market had 16 homes for sale in October 2024, a 20.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 22
0.0%
3 128
-33.3%
4 66
0.0%
5+ 00
0.0%

Summary: The Deerfield housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
64-33.3%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Deerfield, you could pay more than the asking price. 50% of homes here sold above asking price last month.

Summary: A total of 4 homes were sold or pending in Deerfield in October 2024, down by 33.3% month-over-month. Of the 4 sold homes, 25% were sold under asking, 25% were sold at asking, and 50% were sold over asking.

Days on Market for Deerfield, WI

We’re sorry, we don't have information for this market at the moment

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

Report Updated 17 Days Ago

Newest Listings in Deerfield, WI

Nearby Markets to Deerfield, WI