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Is Deerfield, VA 24432 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Deerfield is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market
Sold above original list0%Share of sales, last 3 months
Median sale-to-list99.4%Sold price ÷ list price
Median days on market16Listing to accepted offer
Median price per sq ft$136▼ −25.0% vs. last year

The Deerfield housing market right now

In the three months ending August 31, 2026, 0% of homes in Deerfield, VA 24432 sold above their list price and the typical home went under contract in 16 days. 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 was about the same (0% then), homes sold more slowly (14 days then) and the median sale price fell 30% to $198,414. Overall, Deerfield is about as competitive as it was a year ago.

Within Augusta County, homes here sell faster than in 56% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.

Nearby, Mount Solon 22843 (100% sold over asking) and Weyers Cave 24486 (60% sold over asking) are even more competitive.

Run the numbers for 24432

Prefilled for 24432Can I win this house?Multiple-offer likelihood for a listing Prefilled for 24432Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Churchville 24421Seller’s market $201 /sq ftCraigsville 24430Seller’s market $196 /sq ftCrimora 24431Balanced $243 /sq ftFishersville 22939Seller’s market $205 /sq ft Browse all markets →

Where Deerfield is

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Questions about Deerfield real estate

How fast do homes sell in Deerfield?

The typical home went under contract in 16 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 99.4% of the list price.

What are property taxes in Deerfield?

About 0.47% of a home’s value a year in Augusta County, or roughly $1,880 on a $400,000 home.

What is the median home price in Deerfield?

The median sale price was $198,414 in the three months ending August 31, 2026, about $136 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology