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Lake County Gazette

Wednesday, November 27, 2024

Deerfield (Lake County) home prices fall in December 2017

Realestate4

The median sale price of a home sold in December 2017 in Deerfield in Lake County fell by $51,689.50 while total sales increased by 33.3%, according to BlockShopper.com.

In December 2017, there were 32 homes sold, with a median sale price of $387,000 - a 11.8% decrease over the $438,689.50 median sale price for the same period of the previous year. There were 24 homes sold in Deerfield in December 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 3%.

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

CityDec. 2017 Home SalesDec. 2016 Home Sales% change (Total Home Sales)Dec. 2017 Median Sales PriceDec. 2016 Median Sales Price% change (Median Sales Price)
Bannockburn110%$455,910$830,000-45.1%
Barrington Hills31200%$437,500$465,000-5.9%
Barrington1012-16.7%$422,500$407,5003.7%
Green Oaks5425%$400,000$577,500-30.7%
Lake Barrington510-50%$395,000$354,25011.5%
Deerfield322433.3%$387,000$438,689.50-11.8%
Libertyville2434-29.4%$384,000$327,75017.2%
Buffalo Grove3039-23.1%$331,000$318,0004.1%
Mettawa31200%$325,000$625,000-48%
Horatio Gardens30-$320,000$0-
Wadsworth73133.3%$320,000$215,00048.8%
* This story only considers sales data for the part of Deerfield that is in Lake County.

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