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Lake County Gazette

Monday, November 25, 2024

Deerfield (Lake County) home prices fall in September 2017

Realestate1

The median sale price of a home sold in September 2017 in Deerfield in Lake County fell by $13,855 while total sales decreased by 33.3%, according to BlockShopper.com.

In September 2017, there were 26 homes sold, with a median sale price of $426,145 - a 3.1% decrease over the $440,000 median sale price for the same period of the previous year. There were 39 homes sold in Deerfield in September 2016.

The median sales tax in Deerfield for 2017 was $11,743. In 2016, the median sales tax was $11,435.80. This marks an increase of 2.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.8%.

The following table compares Deerfield to other Lake County cities with similar median sales prices in September 2017:

CitySept. 2017 Home SalesSept. 2016 Home Sales% change (Total Home Sales)Sept. 2017 Median Sales PriceSept. 2016 Median Sales Price% change (Median Sales Price)
Highland Park393511.4%$520,000$549,000-5.3%
Lincolnshire12933.3%$512,500$447,00014.7%
Hawthorn Woods11110%$504,489$515,000-2%
North Barrington56-16.7%$500,000$395,00026.6%
Deer Park84100%$440,000$400,00010%
Deerfield2639-33.3%$426,145$440,000-3.1%
Third Lake12-50%$415,000$349,00018.9%
Indian Creek10-$399,900$0-
Knollwood12-50%$395,000$324,00021.9%
Klondike10-$375,000$0-
Libertyville3844-13.6%$361,500$377,500-4.2%
* This story only considers sales data for the part of Deerfield that is in Lake County.

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