Deerfield Market Report

90-day market data from Chicago MLS — updated February 5, 2026

Seller's Market
$785K Median Sale Price
9 Days to Contract
100% Sale-to-List Ratio
44 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated February 5, 2026.

Example 2.5% commission on the Deerfield median of $785K = $19,619. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Deerfield

Price Range Sold Avg Days Sale-to-List Active
$800K-$850K Strongest Demand 5 7d 100% 0
$600K-$650K 3 25d 102% 0
$500K-$550K 3 13d 99% 1
$750K-$800K 3 5d 99% 3
$350K-$400K 2 19d 98% 1
$450K-$500K 5 29d 97% 1
$1.25M-$1.3M 3 37d 98% 0

The $800K-$850K range shows the strongest buyer demand with 5 sales averaging 7 days to contract at 100% of asking. No active competition in this band.

Market Velocity

How fast the Deerfield market is moving

19%
Price Reduction Rate
Avg 109 days before cut
9d
Median Days to Contract
Fastest 25%: 5 days
1.1
Months of Supply
16 active listings

19% of active listings have taken price cuts, suggesting some sellers initially overpriced.

The median time to contract is 9 days, with motivated buyers moving within 5 days on well-priced listings.

With 1.1 months of inventory, this remains a seller's market where properly positioned listings have leverage.

What This Means for Your Listing

Commission savings at the Deerfield median

Example 2.5% Commission
$19,619
Based on $785K median
vs
Up to $18K difference
Net Gain Flat Fee
$1,995
Same MLS exposure. Same professional service.
Commission rates are not set by law, vary by brokerage, and are fully negotiable. Buyer's agent compensation is separate and determined by the seller. Net Gain Realty charges a flat fee of $1,995 for listing services.

In a market where correctly priced homes sell in 9 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.

At $785K, that's $17,624 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.

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Or send your address to matthew@netgain.realty for a property-specific analysis

Data sourced from Midwest Real Estate Data (MRED) MLS. Information deemed reliable but not guaranteed. Data represents recent MLS activity and is provided for informational purposes only. Not a guarantee of future results or property value.

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