Deerfield, MI—49238
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Deerfield, MI
As of Oct '25, the median home price in Deerfield, MI is $224,000, with a year-over-year change of 3.6%. This indicates that home prices in Deerfield, MI are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $224,000 | 3.6% |
| Single Family | $224,000 | 4.2% |
| 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 | $217,000 | 5.3% |
4 Bed | $204,000 | 2.5% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Deerfield, MI
Deerfield, MI lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Deerfield, MI
As of Oct '25, Realtor.com reports that the median days on market for a home in Deerfield, MI is 46. This is a decrease of -4.0% from last year, suggesting that homes are sitting on the market shorter 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 | $237,000 | 133.0% |
Listing Count | 3 | -31.0% |
| Listings as % of Homes | 0.5% | -31.0% |
Days on Market | 46 | -4.0% |
Demographics — Deerfield, MI
As of the latest ACS Survey released in 2023, Deerfield, MI has a population of 2,010, which has increased by 21.9% over the past 5 years. Deerfield, MI is a popular place for families, as children make up 30.5% of the population. The area has a poorly educated workforce, with 16.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 2,010 | 21.9% |
% Under 18 | 30.5% | 32.0% |
% Seniors | 12.9% | -28.7% |
% WFH | 4.0% | -27.3% |
% w/ College Degree | 16.2% | 37.3% |
As of the latest ACS Survey released in 2023, Deerfield, MI is a predominantly white area, with 92.0% of the population identifying as white. The white population has shrunk by 3.2% in the last 5 years. The second most common race or ethnicity in Deerfield, MI is hispanic, making up 5.6% of the population. Foreign-born residents account for 0.2% of the population in Deerfield, MI, and this percentage has decreased by 86.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 92.0% | -3.2% |
% Black | 0.3% | -25.0% |
% Hispanic | 5.6% | 60.0% |
% Asian | 0.0% | N/A |
% Foreign Born | 0.2% | -86.7% |
Mortgage and Risk — Deerfield, MI
Deerfield, MI lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Deerfield, MI
Deerfield, MI lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $800 |
| 2 Bedroom | N/A | N/A | $1,050 |
| 3 Bedroom | N/A | N/A | $1,310 |
| 4 Bedroom | N/A | N/A | $1,700 |
Affordability — Deerfield, MI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $224,000 |
| Median Household Income | $75,100 |