Chicago, Milwaukee and St. Paul Railway Passenger Depot · Photo: Teemu08 · CC BY-SA 3.0248 homes sold in Deerfield in the last year, at a typical $703K
About one sale in 6 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Deerfield homes are listed.
Every place Deerfield homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Deerfield.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
14% of Deerfield’s sales are condos, at $393K less than a house
203 houses and 35 condos sold in the year to May 2026. Houses draw more bidding wars.
typical sale · 203 sold in 12 months
- Per square foot
- $306IL $180
- Days to sell
- 49
- Sold over asking
- 50%
- Listings with a price cut
- 18%
typical sale · 35 sold in 12 months
- Per square foot
- $275IL $251
- Days to sell
- 47
- Sold over asking
- 14%
- Listings with a price cut
- 18%
Multi-family (2–4 units): 1 sold, typical $590K
Townhouses: 9 sold, typical $522K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.6 times the 2016 price
248 sales in the last year, against 447 in 2021 and a low of 236 in 2025. The typical sale went from $428K in 2016 to $703K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $700K buys in Deerfield
Check a listing against what Deerfield homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Deerfield are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of Deerfield’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 248 sales.
If you’re buying in Deerfield
- Shop in February. It brings about 42 new listings a month, close to the busiest month, with fewer bidding wars (14% over asking).
- Less room to haggle. Only 18% of listings cut their price, against 27% before the pandemic.
- Bid near asking. Buyers paid 101% of the list price on average; 45% paid over.
- Move fast on good ones. 61% of homes are under contract within two weeks.
Spring brings both the most homes and the most bidding wars
March has the most new listings (about 46 a month), but May is the most competitive: 29% of May sales close over asking. September has the least competition (14%) but only about 27 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Illinois
| Deerfield now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 45% | 7% | 19% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 61% | 25% | 36% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 18% | 27% | 28% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 101% | 96.1% | 98% | 99.2% |
| Days to sellMedian days from listing to contract | 49 | 94 | 30 | 49 |
49 homes for sale on a typical day
That’s 69% fewer than in 2017–19 and well under 2017’s 170.
1 in 6 listings has cut its price
18% in the last year, against 27% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 61%, condos 51%
A house typically sold for $773K in the last year (203 sales), a condo for $380K (35).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Deerfield ranks 69th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Deerfield is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in March
The month with the most choice. December has the fewest, about 12.
Best time to buySchools
The schools grade for Deerfield, from test results, graduation and how much students grow.
Schools in DeerfieldTypical commute
The average one-way trip to work for people who live in Deerfield.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Riverwoods, Highwood and Lincolnshire sell for less a square foot
The busier markets within 25 miles of Deerfield, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Northbrook | 487 | $697K | $295 | 45% | 48 |
| Highland Park | 429 | $796K | $299 | 47% | 44 |
| Deerfield | 248 | $703K | $299 | 45% | 49 |
| Lincolnshire | 104 | $751K | $262 | 44% | 65 |
| Northfield Township | 100 | $983K | $357 | 38% | 49 |
| Riverwoods | 45 | $949K | $281 | 38% | 43 |
| Highwood | 32 | $435K | $259 | 41% | 49 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Deerfield, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Deerfield. People who follow the town see it, and so do people comparing Deerfield with their own town. No commission, no listing fee.
Questions about buying a home in Deerfield
What do homes sell for in Deerfield, IL?
248 homes sold in the year to May 2026 at a typical $703K, $299 a square foot. Houses sold for about $773K, condos for about $380K.
Is Deerfield a buyer’s or seller’s market?
A seller’s market: 68 homes were for sale in May 2026 and 33 sold, about 2.1 months of supply. Buyers paid 101% of asking on average, and 18% of listings cut their price.
When is the best time to buy in Deerfield?
March brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Deerfield?
Zillow, Redfin, Realtor.com and Homes.com all carry Deerfield’s MLS listings; the search links above open each one filtered to Deerfield.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).