Is Deerfield, IL 60015 a buyer’s or seller’s market?
Deerfield is a seller’s market. With about 1.5 months of supply and 49% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 87% of U.S. ZIP codes, and #62 of 464 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Deerfield housing market right now
In the three months ending August 31, 2026, 49% of homes in Deerfield, IL 60015 sold above their list price, the typical home went under contract in 41 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 149 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 52%, homes sold faster (49 days then) and the median sale price fell 4% to $724,686. Overall, Deerfield is about as competitive as it was a year ago.
Within Lake County, homes here sell faster than in any other ZIP code in the county, and sell more often over asking than in 72%. On our competition score, Deerfield ranks #62 of 464 IL ZIP codes with enough sales (score 81 out of 100).
Nearby, buyers who want less competition could look at Fox Lake 60020 (26% sold over asking) or Highwood 60040 (33% sold over asking), while North Chicago 60064 (58% sold over asking) and Zion 60099 (54% sold over asking) are even more competitive.
Run the numbers for 60015
Nearby markets
Antioch 60002Seller’s market $184 /sq ftBuffalo Grove 60089Seller’s market $245 /sq ftFox Lake 60020Seller’s market $185 /sq ftGrayslake 60030Seller’s market $200 /sq ft Browse all markets →Towns like Deerfield nearby
Find towns like Deerfield in other states →Where Deerfield is
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Questions about Deerfield real estate
Is Deerfield a buyer’s or seller’s market?
A seller’s market: there were 1.5 months of supply in Deerfield, IL 60015 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Deerfield?
The typical home went under contract in 41 days in the latest three months.
Do homes in Deerfield sell over asking?
49% of homes sold above their original list price, and the typical sale closed at 101.6% of the list price.
What are property taxes in Deerfield?
About 2.58% of a home’s value a year in Lake County, or roughly $10,320 on a $400,000 home.
What is the median home price in Deerfield?
The median sale price was $724,686 in the three months ending August 31, 2026, about $302 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology