Is Deerfield, MA 01342 a buyer’s or seller’s market?
Deerfield is a balanced market. With about 4.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Deerfield housing market right now
In the three months ending August 31, 2026, 0% of homes in Deerfield, MA 01342 sold above their list price, the typical home went under contract in 45 days and there were 4.8 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold faster (56 days then) and the median sale price fell 45% to $397,328. Overall, Deerfield is less competitive than a year ago, which gives buyers more room.
Within Franklin County, homes here sell more slowly than in 79% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Buckland 01338 (100% sold over asking) and Lake Pleasant 01347 (100% sold over asking) are even more competitive.
Run the numbers for 01342
Nearby markets
Ashfield 01330Seller’s market $273 /sq ftBernardston 01337Seller’s market $233 /sq ftBuckland 01338Seller’s market $343 /sq ftCharlemont 01339Seller’s market $281 /sq ft Browse all markets →Towns like Deerfield nearby
Find towns like Deerfield in other states →Where Deerfield is
Loading map…
Questions about Deerfield real estate
Is Deerfield a buyer’s or seller’s market?
A balanced market: there were 4.8 months of supply in Deerfield, MA 01342 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Deerfield?
The typical home went under contract in 45 days in the latest three months.
Do homes in Deerfield sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 93.2% of the list price.
What are property taxes in Deerfield?
About 1.43% of a home’s value a year in Franklin County, or roughly $5,720 on a $400,000 home.
What is the median home price in Deerfield?
The median sale price was $397,328 in the three months ending August 31, 2026, about $209 per square foot.
Local agents
See all agents in 01342 →No sponsored agents in 01342 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 01342
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology