Deerfield, IL housing market
The typical Deerfield home is worth about $662,000, up 7.6% in a year, 122% above the Illinois typical home. Homes typically sell in 51 days, a little above asking.
Home values, sales, trends and how Deerfield compares with the towns next door — updated as new data is published.
Deerfield at a glance
A seller's market
Supply is tight — about 2.1 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Deerfield | Illinois |
|---|---|---|
| 2017 | $454,000 | $181,000 |
| 2018 | $455,000 | $190,000 |
| 2019 | $439,000 | $195,000 |
| 2020 | $422,000 | $200,000 |
| 2021 | $437,000 | $215,000 |
| 2022 | $475,000 | $236,000 |
| 2023 | $504,000 | $248,000 |
| 2024 | $547,000 | $263,000 |
| 2025 | $596,000 | $278,000 |
| 2026 | $637,000 | $290,000 |
| August 2026 | $662,000 | $298,000 |
Deerfield and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Deerfield | $662K | +7.6% | 51 | $181,660 |
| Highland Park | $808K | +9.2% | 31 | $168,094 |
| Northbrook | $715K | +10% | 42 | $157,782 |
| Riverwoods | $1.01M | +8.4% | — | $249,205 |
| Bannockburn | $1.26M | +11.9% | — | $214,000 |
3.6 years of income
The typical Deerfield home costs about 3.6 years of the town's median household income, about the same as across Illinois (3.6).
How Deerfield ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.