Deerfield, IL

Population: 18,297
Average annual home appreciation rate: 9.68%
Total of homes for sale in this market: 73
Median home price: $513,187
Median Rent: $1,837 per room
Home price range: 29.29% of homes are between $519,001 – $779,000
Median sales price: $385,000
Number of homes: 63
Median foreclosure sales price: $415,000
Foreclosure discount: N/A
Most common home type: 80.93% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 3.47%
Number of renters: 11.83%
Number of owner occupied: 88.17%
Number people living below poverty level: 2.19%
Unemployment rate: 6.00%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Deerfield area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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