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Lake County Gazette

Monday, November 25, 2024

Deerfield (Lake County) home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Deerfield in Lake County fell by $56,500 while total sales increased by 33.3%, according to BlockShopper.com.

In June 2019, there were 60 homes sold, with a median sale price of $413,500 - a 12% decrease over the $470,000 median sale price for the same period of the previous year. There were 45 homes sold in Deerfield in June 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 June 2019.

The following table compares Deerfield to other Lake County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Lincolnshire914-35.7%$500,000$392,00027.6%
Hawthorn Woods14140%$481,500$491,529-2%
Lake Bluff211816.7%$465,000$632,500-26.5%
North Barrington81700%$429,000$650,000-34%
Libertyville584723.4%$421,500$428,000-1.5%
Deerfield604533.3%$413,500$470,000-12%
Tower Lakes24-50%$407,500$447,750-9%
Deer Park34-25%$405,000$500,000-19%
Indian Creek110%$400,000$380,0005.3%
Barrington Hills110%$356,500$1,345,000-73.5%
Buffalo Grove5069-27.5%$342,750$365,000-6.1%
* This story only considers sales data for the part of Deerfield that is in Lake County.

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