Why Live in Deerfield Park
Deerfield Park, located 25 miles northwest of Chicago in the North Shore area, is a vibrant neighborhood known for its scenic parks, country clubs, and diverse housing styles. The community features homes built between the 1940s and 1970s, including sprawling ranch-style houses and remodeled Colonial Revivals, many with large, shaded yards and fenced-in backyards. The neighborhood is served by highly rated schools: Wilmot Elementary School, Caruso Middle School, and Deerfield High School, all of which offer strong academic and extracurricular programs. Jaycee Memorial Park is a central green space with soccer fields, play areas, pedestrian paths, and a winter ice rink. For golf enthusiasts, Deerfield Golf Club and Learning Center provides an 18-hole course and a restaurant. Shopping needs are met at Deerfield Square and Deerbrook Shopping Center, which include stores like Whole Foods, Walgreens, Jewel-Osco, and Home Depot, along with dining options such as Scrambled and Demetri’s. The neighborhood is well-connected with the Milwaukee District North Metra line and the 471 bus line, providing easy access to downtown Chicago and O’Hare International Airport. Deerfield Park hosts the annual Deerfield Harvest Fest, featuring local bands, food, drinks, and a popular cornhole tournament. The Deerfield Bannockburn Riverwoods Chamber of Commerce offers free virtual presentations on health topics, supporting the well-being of its residents.
Frequently Asked Questions
Is Deerfield Park a good place to live?
Deerfield Park is a good place to live. Deerfield Park is considered very car-dependent and somewhat bikeable with minimal transit options. Deerfield Park is a suburban neighborhood. Deerfield Park has 9 parks for recreational activities. It is fairly sparse in population with 4.8 people per acre and a median age of 42. The average household income is $195,895 which is above the national average. College graduates make up 84.8% of residents. A majority of residents in Deerfield Park are home owners, with 19.3% of residents renting and 80.7% of residents owning their home. A
local real estate agent serving Deerfield Park can help you decide if this neighborhood is the right one for you. Learn more on our
Deerfield Park neighborhood guide.
How much do you need to make to afford a house in Deerfield Park?
The median home price in Deerfield Park is $289,900. If you put a 20% down payment of $58,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,500 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $64K a year to afford the median home price in Deerfield Park. The average household income in Deerfield Park is $196K.
What are the best public schools in Deerfield Park?
The best public schools that serve Deerfield Park are:
What are the best private schools in Deerfield Park?
The best private schools that serve Deerfield Park are:
What are the most popular zip codes in Deerfield Park, Deerfield, IL?
What are the most popular neighborhoods near Deerfield Park, Deerfield, IL?
Are home prices dropping in Deerfield Park?
Yes, home prices in Deerfield Park are down 29% in the last 12 months.
Home Trends in Deerfield Park, IL
On average, homes in Deerfield Park, Deerfield sell after 25 days on the market compared to the national average of 70 days. The median sale price for homes in Deerfield Park, Deerfield over the last 12 months is $275,000, down 24% from the median home sale price over the previous 12 months.
Median Sale Price
$275,000
Median Single Family Sale Price
$115,000
Median 2 Bedroom Sale Price
$199,900
Median 1 Bedroom Sale Price
$575,000
Average Price Per Sq Ft
$242
Number of Homes for Sale
3
Last 12 months Home Sales
22
Median List Price
$289,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-24%