Deerfield, IL Foreclosures
How much do homes sell for in Deerfield, IL?
The average home price is currently $769,977.
In Deerfield, IL, how many homes are available?
There are currently 15 active home listings available in Deerfield.
What’s the average rental cost in Deerfield, IL?
The average rental price in Deerfield is $2,979.
What is the most expensive home in Deerfield?
The most expensive home sold in Deerfield had a price of $173,018,864.
What is currently the cheapest priced home in Deerfield, IL?
The cheapest home for sale in Deerfield is priced at $16,146.
Living in Deerfield, IL
Deerfield, IL is a picturesque suburban village known for its exceptional schools, beautiful parks, and active community. Located just north of Chicago, it offers easy access to urban amenities while maintaining a peaceful residential vibe. With a variety of dining, shopping, and recreational opportunities, Deerfield is an ideal place to call home.
Current Market Conditions in Deerfield, IL
The real estate market in Deerfield has shown a steady upward trend over the past year, characterized by decreased inventory and increased demand. Home prices have risen, reflecting the desirability of the area due to its excellent schools, safety, and suburban charm.
In recent months, the housing market has seen a surge in competitive bidding, especially for single-family homes. Many properties are receiving multiple offers, often above the asking price, indicating a strong demand among buyers and a tight supply.
Home Value Estimator For Deerfield, IL
There are currently 7,804 real estate properties
in Deerfield, IL,
with a median automated valuation model (AVM) price
of $653,076.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Deerfield, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Deerfield, IL,
is $769,977.00, with the most expensive house
in Deerfield, IL, topping out
at $173,018,864.00 and the cheapest home
in Deerfield, IL,
clocking in at $16,146.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Deerfield, IL!
Rent Prices
In Deerfield, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Deerfield, IL, is on
a rollercoaster ride. The
average rent price in Deerfield, IL,
is $2,979.00. Indeed, when looking to rent in
Deerfield, IL, you can expect to pay as little
as $1,100.00 or as much
as $5,500.00,
with the average rent median estimated to
be $2,900.00. The good news is that finding
an affordable and desirable property to rent in Deerfield, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
