Deerfield, WI—53531
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Deerfield, WI
As of Oct '25, the median home price in Deerfield, WI is $416,000, with a year-over-year change of 2.3%. This indicates that home prices in Deerfield, WI are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $416,000 | 2.3% |
| Single Family | $420,000 | 2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $416,000 | 2.2% |
4 Bed | $483,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Deerfield, WI
As of July '25, Rentcast reports the average rent in Deerfield, WI is $1,550, with a year-over-year rent change of 29.2%. Per bedroom, the median rent as of July '25 in Deerfield, WI is 2-bedrooms: $1,550. The most common rental property sizes in Deerfield, WI are 2-bedroom and 1-bedroom, accounting for 35.1% and 30.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,400 | $1,550 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,400 | $1,550 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Deerfield, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in Deerfield, WI is 60. This is a increase of 3.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $465,000 | -7.0% |
Listing Count | 13 | -7.0% |
| Listings as % of Homes | 0.3% | -7.0% |
Days on Market | 60 | 3.0% |
Demographics — Deerfield, WI
As of the latest ACS Survey released in 2023, Deerfield, WI has a population of 4,370, which has decreased by -5.1% over the past 5 years. Deerfield, WI is a popular place for families, as children make up 26.3% of the population. The area has a moderately educated workforce, with 38.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,370 | -5.1% |
% Under 18 | 26.3% | 21.2% |
% Seniors | 15.7% | 26.6% |
% WFH | 13.0% | 83.1% |
% w/ College Degree | 38.7% | 19.1% |
As of the latest ACS Survey released in 2023, Deerfield, WI is a predominantly white area, with 84.7% of the population identifying as white. The white population has shrunk by 8.2% in the last 5 years. The second most common race or ethnicity in Deerfield, WI is hispanic, making up 8.0% of the population. Foreign-born residents account for 3.3% of the population in Deerfield, WI, and this percentage has increased by 175.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 84.7% | -8.2% |
% Black | 3.9% | 34.5% |
% Hispanic | 8.0% | 281.0% |
% Asian | 0.6% | 100.0% |
% Foreign Born | 3.3% | 175.0% |
Mortgage and Risk — Deerfield, WI
According to HUD data as of 2023, there were 201 mortgage originations in Deerfield, WI, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 48.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in Deerfield, WI. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 201 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 3.0% |
Loan Activity
Rentals and Section 8 — Deerfield, WI
Deerfield, WI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 5 |
% Rentals under Section 8 | 1.9% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,070 |
| 2 Bedroom | -$160 | $1,400 | $1,240 |
| 3 Bedroom | N/A | N/A | $1,630 |
| 4 Bedroom | N/A | N/A | $1,790 |
Affordability — Deerfield, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $416,000 |
| Median Household Income | $105,000 |