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Deerfield village, MI

ZIP 49238 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 49238

Median Home Value
$192,700
Median Rent
$754
Affordability Snapshot
$53,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,238/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.6x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

21.3 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 49238 in Deerfield village, MI, a household would need roughly $53,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,238. That sits below the local median household income ($75,142), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 13% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
86.3%+32% vs US avg
x
Vacancy Rate
12.8%+24% vs US avg
x
Broadband Access
96.6%+11% vs US avg
x
4+ Bedrooms
1.6%-89% vs US avg
x
Built Pre-1939
12.9%+1% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
39.0%-22% vs US avg
x
Mortgage-Free
33.1%-13% vs US avg
x
$192,700
Home Value
$754
Rent
1944
Year Built
2006
Moved In

Residents have lived here since ~2006 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached96.4%
  • 1-unit attached0.6%
  • 2-9 units2.0%
  • 10+ units0.7%
  • Mobile home & other0.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$192,700
Median rent$754
Owner-occupied86.3%
Vacant12.8%
Price-to-income2.6x
Est. income to buy$53,000