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Housing in Deerfield

A typical Deerfield home is worth roughly $506,000

Home prices around Deerfield have risen about 65% over the past 5 years.

Typical home value
$506K
▲ 5.3% in a year · OH $249K
Estimate
2-bedroom rent
$1,950
a month, utilities in · HUD
Median tax bill
$5,497
OH $2,822

What kind of housing town is Deerfield?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 4 years of income

More than across Ohio (3.5 years). Try your own numbers below.

You could afford about
$456,000
Typical Deerfield home $506K

That’s $50K short of a typical Deerfield home.

The typical home, each month
$3,230
Loan $2,500Tax $580Insurance $150

A two-bedroom rents for about $1,950 a month here, $1,280 less than owning.

How Deerfield ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Deerfield’s typical property tax (1.38% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Price trend

Home prices up 65% in 5 years

The federal house price index for the ZIP codes around Deerfield rose 65% over the past 5 years, faster than across Ohio (53%). Last year prices rose 5.3%. Carrying the Census median home value forward with that index puts the typical Deerfield home at roughly $506,000 today.

Deerfield areaOhio
−50%0%+50%+100%+150%200020052010201520202025
+5.3%
past year
+65%
past 5 years
+104%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $506K.

How Deerfield ranks on rising home prices →

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Deerfield, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

The homes

1 of Deerfield’s houses are on the National Register

Half of Deerfield’s homes were built before 1996.

History →
Owners and renters
Own 71%Rent 29%

Ohio: 67% own.

1996
typical home built · OH 1970
$5,497
median property tax bill · OH $2,822
1.38%
of a home’s value, a year in tax · OH 1.31%
Historic houses in Deerfield

U.S. Census Bureau, American Community Survey 2020-2024. Historic houses: National Register of Historic Places.

Renting

A two-bedroom rents for about $1,950

Renters already here pay a median of $1,746, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,380
1 bedroom$1,520
2 bedrooms$1,950
3 bedrooms$2,580
4 bedrooms$2,850
29%
of households rent · OH 33%
4,658
renter households
30%
of renters spend 30%+ of income on rent · OH 46%
19%
of the median income, for a two-bedroom
$1,746
median rent paid today · Census

How Deerfield ranks on rent that’s easy to afford →

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Cincinnati, OH-KY-IN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Deerfield vs. its neighbors

Deerfield is the 3rd priciest of 8 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Deerfield$506K*+5.3%†$1,950—$125,191
Mason$510K+1.3%$1,980101$125,401
Kings Mills$420K+1%$1,960—$139,643
Hamilton$349K*+6.4%†$1,710—$119,478
Loveland Park$256K*+5.4%†$1,730—$118,636
South Lebanon$387K+2.5%$1,730—$104,511
West Chester$424K+2.8%$1,790—$109,979
Symmes$506K*+5.8%†$1,790—$157,136

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

On the market in Deerfield

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Deerfield buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Deerfield still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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