Deerfield (Lake County) home prices fall in January 2020

Medium realestate3

The median sale price of a home sold in January 2020 in Deerfield in Lake County fell by $78,000 while total sales decreased by 52.4%, according to BlockShopper.com.

In January 2020, there were 10 homes sold, with a median sale price of $291,000 - a 21.1% decrease over the $369,000 median sale price for the same period of the previous year. There were 21 homes sold in Deerfield in January 2019.

The median sales tax in Deerfield for the most recent year with available data, 2017, was $11,743, approximately 4% of the median home sale price for January 2020.

The following table compares Deerfield to other Lake County cities with similar median sales prices in January 2020:

CityJan. 2020 Home SalesJan. 2019 Home Sales% change (Total Home Sales)Jan. 2020 Median Sales PriceJan. 2019 Median Sales Price% change (Median Sales Price)
Fox River Grove10-$364,900$0-
Libertyville2122-4.5%$330,000$320,6702.9%
Deer Park110%$318,000$400,000-20.5%
Port Barrington12-50%$316,500$294,5007.5%
Volo31200%$292,000$227,50028.4%
Deerfield1021-52.4%$291,000$369,000-21.1%
Lake Barrington712-41.7%$289,000$277,5004.1%
Buffalo Grove2128-25%$265,000$307,500-13.8%
Indian Creek10-$260,000$0-
Island Lake10-$260,000$0-
Lake Zurich16156.7%$252,000$350,000-28%
* This story only considers sales data for the part of Deerfield that is in Lake County.

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