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Deerfield, Illinois:
Homes & Real Estate Market Statistics

Deerfield IL Homes

Here is a recap of the activity in the Deerfield IL real estate market for detached single family homes in February 2010:

Total number of active listings at the end of February: 135
  • Average days on market: 265
  • High list price: $7,900,000
  • Low list price: $215,000
  • Average list price: $662,182
  • Median list price: $554,450
Total number of new listings in the month of February: 39
  • High list price: $1,499,000
  • Low list price: $290,000
  • Average list price: $596,230
  • Median list price: $549,900
Total number of listings that came off market in the month of February: 14

Absorption rate (as of Mar. 8, 2010), based on the number of closes in the last 6 months (57): 14.21 months of inventory

It is currently a buyer's market in Deerfield, Illinois real estate.

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Deerfield Community Information

Deerfield, Illinois - Deerfield, 21 miles north of the Loop, is an upscale, family community where quiet residential areas mingle with an active and attractive business district. Home to the Chicago Bulls practice center, the community has taken advantage of the Lake Cook and Waukegan business corridors to grow commercially. An impressive newer firehouse and improvements and additions to the library, schools, train stations and streets all demonstrate Deerfield's dedication to enhancing the lifestyle of it´s residents. Both Metra and the Milwaukee Road trains make regular stops in Deerfield, and with the addition of a new train station on Lake Cook Road, transportation has been made even more convenient. Major employers in the immediate area include Allstate Insurance, Baxter Healthcare, NutraSweet Co., and Walgreens. A nice selection of chain stores as well as unique specialty stores accommodate Deerfield shoppers ,and the community's central location makes it convenient to a number of major malls. The Deerfield Park District is reputed to be one of the most efficient and most varied in the Chicago area. To begin with, no home in Deerfield is more than a half-mile away from the park. Facilities include a large community center, 21 parks & playgrounds, two public swimming pools, tennis courts, a public golf course and a number of playing fields, basketball courts and running tracks. The park district also offers an impressive variety of classes and programs for people of all ages.

Housing - Developers have discovered Deerfield's desirability, and as a result, there are new custom homes available in virtually every neighborhood, as well as wonderful Cape Cods and other popular home styles.

Schools - Deerfield schools are some of the best public schools in the state. Elementary students regularly score near the top of the state's schools on the IGAP test, and Deerfield's High School students score above the national average on the ACT exams. Deerfield Elementary School District 109 consists of four elementary schools and two junior high schools that educate 2,400 students. Deerfield High School District 113 is one of the top 10 academic schools in the state. In 2006, the average ACT composite score was 25.4. A small percentage of Deerfield's students attend District 115.

Transportation - Getting around is easy with I-94 nearby and the Tri-State Tollway (I-294) just west of the village. The Loop is a 45-minute drive; O´Hare Airport is a 20- minute drive, and Midway is 50 minutes away. Rail commuters may board the Milwaukee Road line in Deerfield, or the Metra in Highland Park. The Loop is a 39-minute trip by express, and a 48 minute trip local. Bus service is available
Deerfield IL sign
Sign welcoming you to Deerfield, IL

For true local service in the Deerfield, Illinois real estate market - including the surrounding North Shore communities - please call me directly at (312) 504-6055.

Coldwell Banker, Highland Park IL
Howard Mandel, REALTOR®
Real Estate Broker, e-Pro

Coldwell Banker Residential
1893 Sheridan Road
Highland Park, IL 60035

Cell: (312) 504-6055
Office: (847) 926-1947
Fax: (847) 415-6771
ePro Realtor
 
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