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Lake County Gazette

Monday, November 25, 2024

Deerfield (Lake County) home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Deerfield in Lake County fell by $24,000 while total sales decreased by 10.7%, according to BlockShopper.com.

From April through June of 2019, there were 133 homes sold, with a median sale price of $416,000 - a 5.5% decrease over the $440,000 median sale price for the same period of the previous year. There were 149 homes sold in Deerfield in the second quarter of 2018.

The median sales tax in Deerfield for the most recent year with available data, 2017, was $11,743, approximately 2.8% of the median home sale price for the second quarter of 2019.

The following table compares Deerfield to other Lake County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Deer Park16160%$509,000$452,50012.5%
Hawthorn Woods3751-27.5%$490,000$482,5001.6%
Highland Park120136-11.8%$473,750$476,250-0.5%
Barrington Hills5425%$465,226$1,028,750-54.8%
Lake Bluff433910.3%$465,000$528,500-12%
Deerfield133149-10.7%$416,000$440,000-5.5%
Libertyville129146-11.6%$407,500$406,0000.4%
Indian Creek31200%$386,000$380,0001.6%
Lincolnshire3038-21.1%$382,450$409,500-6.6%
Klondike21100%$379,250$386,000-1.7%
Tower Lakes58-37.5%$375,000$402,500-6.8%
* This story only considers sales data for the part of Deerfield that is in Lake County.

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