Altos Market Data for Realtors

Deerfield, IL

Single-Family Homes

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Deerfield, IL

Wed Oct 20 2021
This week the median list price for Deerfield, IL is $675,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has decreased to 65. Click here to stay informed with the Deerfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Deerfield, IL

Wed Oct 20 2021
This week the median list price for Deerfield, IL is $675,000 with the market action index hovering around 40. This is an increase over last month's market action index of 37. Inventory has decreased to 65. Click here to stay informed with the Deerfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Home sales have been exceeding new inventory for several weeks. However prices have not yet stopped falling. Since the market is already in the Seller's zone, expect prices to level off very soon. Should the sales trend continue expect that prices could climb from there.

Real-Time Market Profile

Never miss important changes in the Deerfield market.
Median List Price $675,000
Median Price of New Listings $662,000
Per Square Foot $219
Average Days on Market 109
Median Days on Market 77
Price Decreased 57%
Price Increased 3%
Relisted 42%
Inventory 65
Median Rent $3,000
Market Action 40
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,147,450 5,372 0.5 - 1 acre 5 5 21 1 2 77
$749,450 3,481 0.25 - 0.5 acre 4 3 52 1 6 129
$591,450 2,496 0.25 - 0.5 acre 4 2 49 2 3 66
$380,000 1,776 8,000 - 10,000 sqft 3 2 65 2 2 56