Deerfield (Lake County) home prices fall in the second quarter of 2020

Medium re 13

The median sale price of a home sold in the second quarter of 2020 in Deerfield in Lake County fell by $16,000 while total sales decreased by 36.1%, according to BlockShopper.com.

From April through June of 2020, there were 85 homes sold, with a median sale price of $400,000 - a 3.8% decrease over the $416,000 median sale price for the same period of the previous year. There were 133 homes sold in Deerfield in the second quarter of 2019.

The median sales tax in Deerfield for the most recent year with available data, 2018, was $12,513, approximately 3.1% of the median home sale price for the second quarter of 2020.

The following table compares Deerfield to other Lake County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Hawthorn Woods3337-10.8%$455,000$490,000-7.1%
Fox River Grove31200%$440,000$315,00039.7%
Lincolnshire2630-13.3%$417,250$382,4509.1%
Barrington403514.3%$412,500$370,00011.5%
Libertyville111129-14%$400,000$407,500-1.8%
Deerfield85133-36.1%$400,000$416,000-3.8%
Indian Creek330%$380,000$386,000-1.6%
Horatio Gardens28-75%$355,500$317,50012%
Lake Barrington37370%$350,000$357,500-2.1%
Port Barrington330%$344,000$295,00016.6%
Tower Lakes25-60%$343,750$375,000-8.3%
* This story only considers sales data for the part of Deerfield that is in Lake County.

Blockshopper green logo