Market Overview
Home Prices in South Deerfield, MA
The median home value in South Deerfield, MA is $471,679 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.4% compared to a year ago and up 4.7% from two years prior.
Compared to the U.S. national median of $410,000, homes in South Deerfield are priced15% above average. South Deerfield is part of the Springfield, MA metro area.
Over the past five years, South Deerfield home values have risen by approximately30.3%, reflecting strong long-term appreciation in this market.
Price History
South Deerfield Home Price Trend
City Comparison
South Deerfield vs. National Median
At $471,679, homes in South Deerfield cost 15% above the national median of $410,000. Buyers in South Deerfield should expect to pay a premium compared to most U.S. markets.
Affordability
What Does It Cost to Buy in South Deerfield?
20% Down Payment
$94,336
on $471,679
Monthly P&I
$2,460/mo
30-yr @ 6.8%
Total Monthly Est.
~$3,124/mo
incl. taxes & insurance
Income Needed
$124,960
gross annual (30% rule)
10% Down Option
$47,168
+ PMI applies
Loan Amount (20% dn)
$377,343
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in South Deerfield, MA?
The median home value in South Deerfield is $471,679 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.4% year-over-year.
How much have home prices changed in South Deerfield?
Over the past year, home values in South Deerfield have increased by 1.4%. Over five years, prices have risen approximately 30.3%.
How much do I need to earn to buy a home in South Deerfield?
To comfortably afford the median home price of $471,679 with a 20% down payment ($94,336) at today's rates (6.8%), you'd need a gross annual income of approximately $124,960. This assumes keeping total housing costs at or below 30% of gross income.
How does South Deerfield compare to the national average home price?
The national median home value is approximately $410,000. At $471,679, homes in South Deerfield are 15% above the national average.
What metro area is South Deerfield part of?
South Deerfield is part of the Springfield, MA metropolitan area. Home prices and market conditions can vary across the broader metro region.