Q2: Deerfield (Lake County) experienced a 17.4% increase in median home prices

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The median sale price of a home sold in the second quarter of 2022 in Deerfield in Lake County rose by $78,250 while total sales increased by 86.5 percent, according to BlockShopper.com.

From April through June, there were 138 homes sold, with a median sale price of $528,000 - a 17.4 percent increase over the $449,750 median sale price for the same period of the previous year. There were 74 homes sold in Deerfield in the second quarter of 2021.

The median sales tax in Deerfield for the most recent year with available data, 2019, was $12,270, approximately 2.3 percent of the median home sale price for the second quarter of 2022.

The following table compares Deerfield to other Lake County cities with similar median sale prices in the second quarter of 2022:

CityApril - June 2022 Home SalesApril - June 2021 Home Sales% change (Total Home Sales)April - June 2022 Median Sales PriceApril - June 2021 Median Sales Price% change (Median Sales Price)
Fox River Grove52150$610,000$499,25022.2
Hawthorn Woods261752.9$609,250$540,00012.8
Tower Lakes42100$570,000$367,50055.1
Deer Park16977.8$566,000$579,000-2.2
Horatio Gardens220$505,000$381,00032.5
Williams Park110$475,000$100,000375
Indian Creek5366.7$445,000$380,00017.1
Lake Barrington553461.8$440,000$332,50032.3
* This story only considers sales data for the part of Deerfield that is in Lake County.

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