Is Deerfield, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since January 2022
Since last year, Deerfield has remained a Seller's Market.
How much do homes in Deerfield, IL cost?
Median Sold Price
$550,500
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since January 2022
Median Sold Price By Bedroom Count
# BEDS | Jan 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | $173K | $197.5K | +14.2% |
2 Bedrooms | $265K | $271.4K | +2.4% |
3 Bedrooms | $385K | $455K | +18.2% |
4 Bedrooms | $600K | $662.5K | +10.4% |
5+ Bedrooms | $710K | $796.5K | +12.2% |
Median Sold Price Compared To Nearby Cities
Northbrook | $506.8K | $568.5K | +12.2% |
West Deerfield Township | $611.6K | $678.7K | +11.0% |
Deerfield | $506.5K | $550.5K | +8.7% |
Riverwoods | $725K | $709.9K | -2.1% |
How many homes are available in Deerfield, IL?
Number of Homes For Sale
Dec 2022 | Jan 2023 | % |
---|---|---|
63 | 69 | +9.5% |
Homes For Sale By Bedroom Count
# BEDS | Dec 2022 | Jan 2023 | % |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 4 | 4 | 0.0% |
3 Bedrooms | 21 | 29 | +38.1% |
4 Bedrooms | 28 | 30 | +7.1% |
5+ Bedrooms | 9 | 5 | -44.4% |
Number of Homes Sold
Dec 2022 | Jan 2023 | % |
---|---|---|
14 | 17 | +21.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Average Sale Time
Jan 2022 | Jan 2023 | % |
---|---|---|
31 Days | 16 Days | -48.0% |
Breakdown of Home Sale Times
13 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days