Is Deerfield, NY 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, NY

How much do homes in Deerfield, NY cost?

Median Sold Price

$210,000

$182/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$135,000(-39.1%)

Key Takeaway

Homes in Deerfield have sold for 39.1% less than they did a month ago.

Summary: The median home sold price in Deerfield was $210,000 in April 2024, down 39.1% from last month, and the median price per square foot was $182.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 -$210K
N/A
3 $510K-
N/A
4 $180K-
N/A
5+ --
N/A

Summary: Deerfield housing prices by bedroom type for April 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 did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Deerfield, NY

How many homes are available in Deerfield, NY?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
63-50.0%

Summary: The Deerfield real estate market had 3 homes for sale in April 2024, a 50.0% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 30
-100.0%
4 21
-50.0%
5+ 01
+100.0%

Summary: The Deerfield housing inventory by bedroom type for April 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 100%, 4 bedroom homes decreased by 50%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
21-50.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was 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. 100% of homes here sold above asking price last month.

Summary: A total of 1 homes were sold or pending in Deerfield in April 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.

Days on Market for Deerfield, NY

How long does it take to sell a home in Deerfield, NY?

Average Sale Time

Mar 2024Apr 2024CHANGE
48 Days13 Days-73.2%

Summary: Homes in Deerfield had an average of 13 days on market in Apr 2024, down by 73.2% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Deerfield are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 1 homes were sold in Deerfield; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

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

Report Updated 10 Days Ago

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