Home prices increased in Deerfield (Lake County) during the first half of 2022

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The median sale price of a home sold in the first half of 2022 in Deerfield in Lake County rose by $45,000 while total sales increased by 174.8 percent, according to BlockShopper.com.

From January through June, there were 283 homes sold, with a median sale price of $500,000 - a 9.9 percent increase over the $455,000 median sale price for the same period of the previous year. There were 103 homes sold in Deerfield in the first half of 2021.

The median sales tax in Deerfield for the most recent year with available data, 2019, was $12,270, approximately 2.5 percent of the median home sale price for the first half of 2022.

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

CityJanuary - June 2022 Home SalesJanuary - June 2021 Home Sales% change (Total Home Sales)January - June 2022 Median Sales PriceJanuary - June 2021 Median Sales Price% change (Median Sales Price)
Fox River Grove72250$610,000$499,25022.2
Hawthorn Woods553366.7$580,000$525,00010.5
Deer Park3216100$566,000$555,0002
Tower Lakes114175$565,000$520,0008.7
Indian Creek6450$441,250$380,75015.9
Lake Barrington11351121.6$435,000$360,00020.8
* This story only considers sales data for the part of Deerfield that is in Lake County.

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