The story of this market
The typical home in ZIP 53531 sells for about $489,000, or $246 per square foot.
Prices are up +6.6% from a year ago, so sellers still have some momentum. Homes take about 48 days to sell. HUD's fair market rent for a two-bedroom is $1,221 a month.
ZIP 53531 — Deerfield
The Deerfield housing market is experiencing steady demand with a median listing price of $489,000. Market activity is supported by its proximity to the Madison metro area, though inventory remains tight with only 34 active listings. Prices have seen a year-over-year increase of 6.6% in the broader county, reflecting a resilient regional market.
This ZIP is well-suited for families and commuters seeking a quiet, small-town atmosphere while remaining within a reasonable driving distance of Madison's job market.
Median prices moved up 6.6% year over year.
Homes spend a median of 48 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 1.8% · poverty 5.9% — a stable, low-distress profile.
ZCTA 53531, Dane County WI
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area is served by the Deerfield Community School District, which is generally regarded as a stable, small-town educational environment.
Deerfield maintains a small-village character with proximity to Madison's employment core, benefiting from regional economic growth in Dane County.
Property taxes are assessed at the local level by Dane County and the Village of Deerfield; specific mill rates vary by school district and municipal levies.
Residents primarily commute to Madison via US-12/18, a drive typically taking 20-30 minutes depending on traffic.
The village features local parks and green spaces, with easy access to regional outdoor recreation and lakes within the broader Dane County area.
The rental market is characterized by limited inventory and steady demand, largely driven by the village's small size and proximity to Madison.
The local economy is tied to the broader Madison metropolitan area, which features strong sectors in education, healthcare, and government.
Transportation is primarily automobile-dependent, with US-12/18 serving as the main corridor for regional access.
Development is focused on maintaining the village's small-town character while accommodating modest residential growth.
Parcels are subject to the Deerfield Community School District and standard municipal utility districts.
Data sourced from US Census Bureau and local market reports.
- Little Amerricka Amusement Park4.66.8 mi
- Prairie Athletic Club4.510 mi
- River Bend RV Resort4.413.6 mi
- Urban Air Trampoline and Adventure Park4.220 mi
- Thrill Factory Entertainment4.510.3 mi
- Camp Randall Stadium4.715.1 mi
- Alliant Energy Center4.413.6 mi
- Olbrich Botanical Gardens4.811.2 mi
- Kohl Center4.714.3 mi
- Monona Terrace Community and Convention Center4.613.5 mi
- Olbrich Botanical Gardens4.811.2 mi
- Marcus Palace Cinema4.510.4 mi
- Little Amerricka Amusement Park4.66.8 mi
- Flix Brewhouse Madison4.310.2 mi
- Lake Kegonsa State Park4.49 mi
- Wisconsin State Capitol4.813.7 mi
- Overture Center for the Arts4.813.9 mi
- Garver Feed Mill4.611.3 mi
- Madison Children's Museum4.713.7 mi
- Chazen Museum of Art4.814.4 mi
- Olbrich Botanical Gardens4.811.2 mi
- Lake Kegonsa State Park4.49 mi
- Tenney Park4.712.9 mi
- Olbrich Park4.711 mi
- Token Creek County Park4.612.9 mi
- Pettit's Lakeview Campground and Bar4.617.8 mi
- Wingra Boats4.915.9 mi
- SkipperBud's415.7 mi
- Capitol Boat Club4.815.7 mi
- The Oaks Golf Course4.64 mi
- Coachman's Golf Resort4.210.8 mi
- Door Creek Golf Course4.45.9 mi
- Yahara Hills Golf Course3.97.7 mi
- Bridges Golf Course412 mi
- East Towne Mall3.810.3 mi
- Global Market and Food Hall4.610.2 mi
- Schuster's Farm4.62.6 mi
- Hy-Vee Grocery Store4.210.8 mi
- Willy Street Co-op—East4.712.6 mi
- Dane County Regional Airport4.512.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The historic village center provides local services and small-scale retail.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.