Is Deerfield, MI 49238 a buyer’s or seller’s market?

The Deerfield housing market right now

In the three months ending August 31, 2026, 29% of homes in Deerfield, MI 49238 sold above their list price, the typical home went under contract in 29 days and there were 0.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 7 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 (31 days then) and the median sale price rose 10% to $224,903. Overall, Deerfield is less competitive than a year ago, which gives buyers more room.

Within Lenawee County, homes here sell faster than in 94% of the county’s ZIP codes, and sell less often over asking than in 69%.

Nearby, buyers who want less competition could look at Jasper 49248 (0% sold over asking) or Tipton 49287 (10% sold over asking), while Clayton 49235 (100% sold over asking) and Sand Creek 49279 (100% sold over asking) are even more competitive.