Deerfield, NY is a great place to invest in a home due to its higher than average appreciation rate. The current median value of homes in Deerfield stands at $245,000, compared to the U.S. median value of $338,100. Even more impressive than the difference in the median value is the difference in their respective one year appreciation rates. While the U.S. stands at 8.27%, Deerfield has an impressive 11.97% appreciation rate for homes over the previous year making it a very smart real estate investment for those looking to buy property now or into the near future.
The median home cost in Deerfield is $245,000. Home appreciation the last 10 years has been 74.7%. Home Appreciation in Deerfield is up 15.8%.
Average Age of Homes
- The median age of Deerfield real estate is 56 years old
The Rental Market in Deerfield
- Renters make up 8.1% of the Deerfield population
- 0.7% of houses and apartments in Deerfield, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.