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DEERFIELD, IL 60015

Real Estate Market Report  ·  Lake County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The DEERFIELD, IL real estate market (60015) currently shows 76 active listings, with 54 pending sales. Homes are averaging 37 days on the market before going under contract.

Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 37 days on market compared to 32 days last year.

The median listing price has fallen 16.2% year-over-year, from $887,000 to $743,000.

Whether you are buying or selling in DEERFIELD, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,835  ·  Density: 788.3/mi²  ·  Median household income: $181,111

Typical home value: $592,904  ·  Homeownership: 83.3%

Market Overview

Active Listings
76
⇧ 38.2% vs 55 last year
Pending
54
71% pending ratio
Median Price
$743,000
⇩ 16.2% vs $887,000 last year
Average Price
$1,058,299
⇩ 5.7% vs $1,122,165 last year
Days on Market
37
⇧ 15.6% vs 32 days last year

Price Per Square Foot

Median $/sqft
$314
⇧ 8.7% vs $289/sqft last year
Median Home Size
2,481 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 76 this year vs 55 last year
  • Days on market: 37 now vs 32 last year

Median & Average Pricing

Year over Year
  • Median: $743,000 (-16.2% YoY)
  • Average: $1,058,299 (-5.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 10.1 miles — 843 listings ($711,694,512 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60015Deerfield, IL 600150.0 mi60$65,917,080$812,000$1,098,618
60035Highland Park, IL 600353.4 mi84$118,637,820$817,000$1,412,355
60090Wheeling, IL 600903.8 mi91$28,409,472$293,450$312,192
60089Buffalo Grove, IL 600894.4 mi69$26,585,700$348,750$385,300
60070Prospect Heights, IL 600705.4 mi34$11,799,564$222,500$347,046
60061Vernon Hills, IL 600616.1 mi62$34,048,292$455,000$549,166
60004Arlington Heights, IL 600046.8 mi79$47,048,450$535,700$595,550
60093Winnetka, IL 600937.6 mi41$108,287,847$2,145,000$2,641,167
60056Mount Prospect, IL 600568.0 mi74$35,623,970$454,750$481,405
60016Des Plaines, IL 600168.3 mi135$47,989,395$334,600$355,477
60048Libertyville, IL 600489.2 mi49$40,043,535$658,500$817,215
60091Wilmette, IL 6009110.0 mi54$85,218,210$1,167,500$1,578,115
60043Kenilworth, IL 6004310.1 mi11$62,085,177$4,245,000$5,644,107

Frequently Asked Questions

How many homes are for sale in DEERFIELD, IL 60015?

As of March 2026, there are 76 active listings in DEERFIELD, IL (zip code 60015), compared to 55 the prior year.

What is the median home price in DEERFIELD, IL 60015?

The median listing price in DEERFIELD, IL 60015 is $743,000 as of March 2026, a 16.2% decrease from $887,000 the prior year.

How long do homes stay on the market in DEERFIELD, IL?

Homes in DEERFIELD, IL 60015 spend an average of 37 days on the market before going under contract, compared to 32 days the prior year.

Is it a seller's or buyer's market in DEERFIELD, IL 60015?

Based on current inventory and days-on-market data as of March 2026, DEERFIELD, IL 60015 is currently a Buyer's Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 37 days on market compared to 32 days last year.

How much can I save on real estate commission in DEERFIELD, IL?

With SELL123.com's maximum 3% commission, sellers in DEERFIELD, IL 60015 save an estimated $14,860 compared to a typical 5% commission on the median listing price of $743,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.