Home prices
The median home in Deerfield is valued at $518,500. Compared to its surrounding areas this is approximately $113,460 (17%) lower.It is about $301,000 (138%) higher in comparison to the country as a whole, and is approximately $260,500 (100%) higher in comparison to the city of Chicago.
Rents
Deerfield's median monthly rent is $1,875. This is about $135 (7%) higher compared to other places in this area.Compared to the rest of the nation it is about $813 (76%) higher, and in comparison to the city of Chicago is about $763 (68%) higher.
Nearby places
Riverwoods
Riverwoods is Deerfield's neighbor to the west. Housing prices there are a bit more expensive. Riverwoods's median home cost is $714,500, which comes out to $196,000 (27%) higher than Deerfield. Rent there is somewhat more expensive. Riverwoods's median rent is $2,539 a month, which works out to $664 (26%) higher than Deerfield.
Bannockburn
Bannockburn is Deerfield's neighbor to the northwest. Housing prices there are a lot more expensive. The median home in Bannockburn is valued at $971,200, which works out to $452,700 (46%) higher than Deerfield. The rent there is a lot less expensive. In Bannockburn the median monthly rent is $1,065, which works out to $810 (76%) lower than Deerfield.
Highland Park
Highland Park is Deerfield's neighbor to the northeast. Its housing prices are somewhat more expensive. The cost of the median home in Highland Park is $584,500, which is $66,000 (11%) higher than Deerfield. Rents there are a little less expensive. In Highland Park the median monthly rent is $1,754, which comes out to $121 (6%) lower than Deerfield.
Northbrook
Northbrook is Deerfield's neighbor to the south. The housing prices there are pretty similar. The median home in Northbrook is valued at $534,800, which is $16,300 (3%) higher than Deerfield. Rent there is a little more expensive. Northbrook's median rent is $2,056 a month, which is $181 (8%) higher than Deerfield.
Highwood
Highwood is approximately 3 miles northeast of Deerfield. Its housing prices are significantly less expensive. The median home value in Highwood is $354,800, which comes out to $163,700 (46%) lower than Deerfield. Rents there are substantially less expensive. Highwood's median monthly rent is $1,287, which comes out to $588 (45%) lower than Deerfield.
