Housing in Deerfield, IL

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$775,000

Median List Price

$1,076,350

Price Per Sq Ft

$263

Days on Market

60

Active Inventory

24

Months of Supply

1.5

Seller's market

Zillow Home Value

$611,005

ZHVI — January 2026

Zillow Rent Index

$2,752

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 33.6%List Price 56.2%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

31.3%

Off Market in 2 Weeks

66.7%

Sale-to-List Ratio

100.1%

Seller's market

Sold Above Asking
31.3%
Under Contract in 2 Wks
66.7%
Listings with Price Drops
12.5%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

20

Pending Sales

18

Homes Sold 6.7%New Listings 33.3%Pending 41.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$263

Median List $/SF

$352

Sale $/SF 4.4%List $/SF 29.4%Mar 24Jan 26

Deerfield vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Deerfield is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$608,600

Median Rent

$2,345

Total Housing Units

7,705

Vacancy Rate

3.4%

Owner Occupied

83.3%

Renter Occupied

16.7%

Median Property Tax

$10,001

per year

Monthly Cost (w/ Mortgage)

$3,087

Housing Types

Single Family
80.4%
Multi-Family
19.4%
Mobile Home
0.2%

The current median sale price in Deerfield, IL is $775,000 according to Redfin data. Homes spend a median of 60 days on the market. 31.3% of homes sold above asking price. The market has 1.5 months of supply. The median price per square foot is $263. Zillow's observed rent index is $2,752/month. About 83.3% of housing units are owner-occupied. The median year homes were built is 1969. There are 7,705 total housing units.