City:

Deerfield, IL

Deerfield is a city in the state of illinois with a population of roughly 27,529. It is in Lake County, Illinois the Chicago-Naperville-Elgin, IL-IN-WI core-based statistical areas (CBSA), and the Chicago-Naperville, IL-IN-WI combined statistical area (CSA).Its Zip codes include 60015 .

The Changing Face of Deerfield: Home Prices and Trends

Deerfield is a small town located in DuPage County, Illinois. The population of Deerfield was 21,859 as of the 2010 census. Deerfield is home to many luxury homes and estates. The town has a rich history dating back to the early 1800s when it was founded by farmers and merchants who were looking for an area to raise their families in peace and security. Deerfield is known for its beautiful parks, lakes, and golf courses.

Real estate in Deerfield is very expensive due to its location close to Chicago and its many amenities. Homes in Deerfield range from $200,000 to over $2 million. There are also a number of condos available for sale in the town. The average price of a home in Deerfield is around $1 million.

The real estate market in Deerfield has been strong for the past few years due to several factors:

-The economy has been improving steadily since 2009;

-There are plenty of new homes being built in the area;

-The population growth rate is high (about 5% annually);

-The median household income is above the national average;

-There are many luxury homes available for sale (over 50% of all homes sold are classified as luxury).

Price Index: Lake County-Kenosha County, IL-WI (MSAD)

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