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  1. Home
  2. /Browse ZIP Codes
  3. /Wisconsin
  4. /Deerfield, WI - 53531

Deerfield, WI—53531

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$437,000
2.2% YoY Growth
Household Income
$105,000
29.7% YoY Growth
Days on Market
29
86.0% Longer YoY
Home Price Forecast
2.0%
Median Rent
$1,400
29.2% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,400
39.6% YoY Growth
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Deerfield, WI

As of May '26, the median home price in Deerfield, WI is $437,000, with a year-over-year change of 2.2%. This indicates that home prices in Deerfield, WI are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$437,0002.2%
Single Family $441,0002.3%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		N/AN/A
    3 Bed
    		$436,0002.6%
    4 Bed
    		$506,0003.1%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    1 Bedroom
    5.5%
    2 Bedrooms
    19.1%
    3 Bedrooms
    47.1%
    4 Bedrooms
    21.8%
    5+ Bedrooms
    6.5%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,400$1,550
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,400$1,550
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
    Loading chart...

    % of Rental Stock

    1 Bedroom
    30.1%
    2 Bedrooms
    35.1%
    3 Bedrooms
    21.2%
    4 Bedrooms
    10.4%
    5+ Bedrooms
    3.1%

    Property Listings — Deerfield, WI

    As of May '26, Realtor.com reports that the median days on market for a home in Deerfield, WI is 29. This is a increase of 86.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$489,000-14.0%
    Listing Count
    		2460.0%
    Listings as % of Homes0.3%60.0%
    Days on Market
    		2986.0%
    Loading chart...

    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.

    MetricLatest CensusYoY % 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%
    Loading chart...

    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

    MetricLatest Census5-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%
    Loading chart...

    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

    MetricZip 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%
    Loading chart...
    Loading chart...

    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$1,070
    2 Bedroom-$160$1,400$1,240
    3 BedroomN/AN/A$1,630
    4 BedroomN/AN/A$1,790

    Affordability — Deerfield, WI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$437,000
    Median Household Income$105,000

    Deerfield, WI — ZIP Code Boundary Map

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    Nearby ZIP Codes

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    53527

    Christiana, WI

    53523

    Medina, WI

    53559

    Stoughton, WI

    53589

    Door Creek, Madison, WI

    53718

    Frequently Asked Questions