Photo: self · CC BY-SA 2.530 homes sold in Deerfield in the last year, at a typical $389K
Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Deerfield homes are listed.
Every place Deerfield homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Deerfield.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
Houses are 77% of Deerfield’s sales, at a typical $409K
30 homes sold in the year to May 2026.
typical sale · 23 sold in 12 months
- Per square foot
- $208WI $196
- Days to sell
- 73
- Sold over asking
- 17%
- Listings with a price cut
- 20%
Townhouses: 6 sold, typical $341K
Condos: 1 sold, typical $280K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2021, at 1.9 times the 2016 price
30 sales in the last year, against 66 in 2020 and a low of 37 in 2023. The typical sale went from $205K in 2016 to $389K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Deerfield
Check a listing against what Deerfield homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Deerfield are back to pre-pandemic levels, but a third fewer homes come up for sale
We read every month of Deerfield’s home sales since 2015 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 30 sales.
If you’re buying in Deerfield
- Shop in June. It brings about 7 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
- Less room to haggle. Only 14% of listings cut their price, against 19% before the pandemic.
- Bid near asking. Buyers paid 99.9% of the list price on average; 27% paid over.
- You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 73 days.
Summer brings the homes; spring brings the bidding wars
July has the most new listings (about 7 a month), but April is the most competitive: 45% of April sales close over asking. February has the least competition (19%).
Averages for each calendar month, 2015 on.
Calmer than the 2021 frenzy, and calmer than Wisconsin
| Deerfield now | 2017–19 | 2021 peak | WI now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 27% | 27% | 55% | 38% |
| Gone within two weeksShare of homes under contract within 14 days | 29% | 36% | 44% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 14% | 19% | 20% | 18% |
| Price paid vs. askingAverage sale price ÷ list price | 99.9% | 99% | 100.1% | 99.6% |
| Days to sellMedian days from listing to contract | 73 | 75 | 53 | 51 |
11 homes for sale on a typical day
That’s 2.2 times the 2023 low (5), 36% fewer than in 2017–19 and well under 2015’s 23.
1 in 7 listings has cut its price
14% in the last year, against 19% in 2017–19 and 18% across Wisconsin.
Source: Redfin Data Center, city market tracker, January 2015 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Deerfield home costs about $2,460 a month
Price: Deerfield’s typical sale, last 12 months. Property tax at Deerfield’s 1.3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Deerfield is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 3.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $389K home, about $5,170 a year.
Taxes vs. neighborsSchools
The schools grade for Deerfield, from test results, graduation and how much students grow.
Schools in DeerfieldTypical commute
The average one-way trip to work for people who live in Deerfield.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Waterloo sells for less a square foot; Lake Ripley for far more
The busier markets within 25 miles of Deerfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Cottage Grove | 115 | $464K | $225 | 30% | 79 |
| Lake Mills | 79 | $401K | $221 | 29% | 52 |
| Cambridge | 45 | $399K | $201 | 27% | 56 |
| Waterloo | 39 | $351K | $186 | 41% | 52 |
| Lake Ripley | 36 | $507K | $272 | 25% | 64 |
| Marshall | 31 | $366K | $199 | 42% | 59 |
| Deerfield | 30 | $389K | $202 | 27% | 73 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Deerfield, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Deerfield. People who follow the town see it, and so do people comparing Deerfield with their own town. No commission, no listing fee.
Questions about buying a home in Deerfield
What do homes sell for in Deerfield, WI?
30 homes sold in the year to May 2026 at a typical $389K, $202 a square foot.
Is Deerfield a buyer’s or seller’s market?
A buyer’s market: 24 homes were for sale in May 2026 and 1 sold, about 24 months of supply. Buyers paid 99.9% of asking on average, and 14% of listings cut their price.
When is the best time to buy in Deerfield?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Deerfield?
About 1.3% of a home’s value a year. On a $389K home that’s near $5,170.
Where can I see homes for sale in Deerfield?
Zillow, Redfin, Realtor.com and Homes.com all carry Deerfield’s MLS listings; the search links above open each one filtered to Deerfield.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).