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Deerfield, IL

Full City Profile · Illinois · Lake County County

4.0 /5.0
A Great
19,185 Population 3,463/sq mi density
$189,705 Median Income $95,714 per capita
$608,600 Home Value $625,254 Zillow
$2,345 Median Rent 35.7% income on rent
50°F Avg Temperature 260 sunny days/yr
37 Violent Crime/100K 695 property/100K
A
Overall
4.0 / 5.0
Strong
A+
Economy
5.0 / 5.0
$189,705 median income, 1.6% unemployment
A+
Affordability
4.9 / 5.0
$608,600 home value, $2,345/mo rent
F
Safety
1.0 / 5.0
37 violent crimes/100K
A+
Education
5.0 / 5.0
82.7% bachelor's degree or higher

Housing Overview

Median Home Value
$608,600
116% above
US avg: $281,900
Median Rent
$2,345/mo
102% above
US avg: $1,163/mo
Homeownership Rate
83.3%
27% above US avg (65.4%)
Total Housing Units
7,534
Median year built: 1970

Home Value by Source

Census Median
$608,600
Zillow (ZHVI)
$625,254
Median Sale Price
$726,000
Median List Price
$822,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.3%
Owner-Occupied
16.7%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $2,345/mo · Zillow rent: $2,821/mo

Market Indicators (Redfin)

Median Days on Market
74 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
10.8%
of listings with price reduction
Price Per Sq Ft
$310
Active Inventory
37
homes for sale

Affordability & Housing Stock

Rent Burden
35.7%
of renters spending 30%+ of income on housing
15% above US avg (31.0%)
Median Year Built
1970
Average age of housing stock: 56 years
Homeownership Rate
83.3%

Complete Housing Data

Home Values

Census Median Value$608,600
Zillow Home Value (ZHVI)$625,254
Median Sale Price$726,000
Median List Price$822,000
Price Per Sq Ft$310

Rent

Census Median Rent$2,345
Zillow Rent (ZORI)$2,821
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market74
Sale-to-List Ratio1.0%
Price Drops10.8%
Homes Sold12
Active Inventory37
Price Per Sq Ft$310

Ownership & Stock

Owner-Occupied83.3%
Renter-Occupied16.7%
Homeownership Rate83.3%
Total Housing Units7,534
Median Year Built1970
Rent Burden35.7%