Current Price

$681,985

1 Month Forecast

â–² $746,989

1-Year Forecast *

â–² $796,178

5-Year Forecast *

â–² $949,978

"Is it a good time to buy homes in Deer Park?" "Does investing in real estate in Deer Park (Illinois State, Lake County) worth it?" According to our live Forecast System, buying a house in Deer Park is a good short-term (1-year) investment*. The Deer Park average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Deer Park" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Deer Park in Illinois State, Lake County. If you are looking for homes for sale with good flipping profit, Deer Park can be a profitable property investment option. The median price of an average house in Deer Park was 681,985 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Deer Park" area is 949,978 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +39.30% meaning that investing 100000 USD today may yield a profit of 39,296 USD by 2031.

Current Median Listing Price: 681,985 USD Median Listing Price Per Square Foot: 379 USD

Deer Park Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Deer Park (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Deer Park Price Target

Deer Park median home price target in 12 months: $796,178* (upside of 16.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $725,850 $742,491 $725,850 $742,491
2024 $644,621 $681,985 $644,621 $681,985
2023 $615,380 $643,126 $614,283 $643,126
2022 $576,451 $616,487 $576,451 $618,723
2021 $507,268 $571,672 $507,268 $571,672
2020 $483,759 $500,842 $478,893 $500,842
2019 $496,186 $483,938 $483,938 $499,679
2018 $494,654 $495,457 $494,654 $499,939
2017 $501,743 $494,387 $494,387 $507,871
2016 $501,712 $498,707 $497,400 $502,563
2015 $496,046 $499,609 $493,746 $499,609
2014 $486,958 $495,858 $486,958 $501,978
2013 $449,585 $482,564 $449,585 $482,564
2012 $430,400 $446,200 $430,400 $446,200

Questions & Answers about the Deer Park Housing Market Forecast

How much does an average home cost in Deer Park today?

The value of an average home (the listing price) in Deer Park is $681,985 USD.

What is the average price per square foot in Deer Park?

According to Walletinvestor the median price per square foot in Deer Park is 379 USD.

Will the median listing price of homes in Deer Park grow / rise / go up?

Yes. The Deer Park home prices may rise from 681,985 USD to 796,178 USD in one year.

Is it profitable to invest in Deer Park homes?

Yes. The long-term profit potential is +16.74% in one year.

Will Deer Park house prices fall / drop?

No. See above.

What is the predicted price of a Deer Park home in 2030?

The predicted home sales price of a Deer Park home in 2030 in Deer Park is 896,924 USD.

What is the predicted price of a Deer Park home in 2035?

The predicted home sales price of a Deer Park home in 2035 in Deer Park is 1,135,952 USD.

Will real estate prices decrease in Deer Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Deer Park is the 8036. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Lake, Deer Park decreased, looking at the past 12 months.

According to Walletinvestor's Deer Park real estate market research, home values will increase in the next 12 months.

Median home values decreased by 7.080% to 681,985 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 18.684% in 2021
  • 16.394% in 2022
  • 18.294% in 2023
  • 15.274% in 2024
  • 16.384% in 2025
  • 15.224% in 2026

Based on our Deer Park real estate market research and report the predicted sales prices will increase by 370.274% in the next 10 years.

Over the last 12 months, the value of homes in Deer Park fluctuated: increasing 4 times .

Deer Park (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Deer Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 746989 699182 794797
September 2025 751515 698158 804873
October 2025 756068 691803 820334
November 2025 760649 691430 829868
December 2025 765258 700976 829540
Deer Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 769895 704454 835336
February 2026 773342 703741 842942
March 2026 777366 722951 831782
April 2026 781880 716202 847557
May 2026 786617 734700 838534
June 2026 791383 726489 856276
July 2026 796178 732484 859872
August 2026 801002 739325 862679
September 2026 805855 730104 881605
October 2026 810737 736960 884514
November 2026 815649 736531 894767
December 2026 818550 744062 893038
Deer Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 818437 760328 876546
February 2027 817111 737034 897188
March 2027 816629 743132 890125
April 2027 815593 755239 875946
May 2027 814128 766909 861348
June 2027 812676 756602 868751
July 2027 813165 751365 874966
August 2027 817741 753957 881524
September 2027 822695 751943 893447
October 2027 827680 744912 910448
November 2027 832695 789395 875995
December 2027 835765 768068 903462
Deer Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 836072 782564 889581
February 2028 836872 790844 882900
March 2028 838530 765578 911482
April 2028 841110 774662 907557
May 2028 843065 787423 898708
June 2028 847975 782681 913269
July 2028 853113 769508 936718
August 2028 858282 780178 936386
September 2028 863482 805629 921335
October 2028 866948 808862 925033
November 2028 868307 789291 947323
December 2028 869706 787954 951459
Deer Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 872046 818851 925240
February 2029 874734 824000 925469
March 2029 877980 829692 926269
April 2029 881749 813854 949644
May 2029 887092 830318 943865
June 2029 892466 831779 953154
July 2029 896924 846696 947152
August 2029 900966 826185 975746
September 2029 902085 850666 953503
October 2029 903821 834227 973416
November 2029 907358 818437 996279
December 2029 912856 843479 982233
Deer Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 918386 829303 1007470
February 2030 923951 854654 993247
March 2030 929549 855185 1003913
April 2030 935181 868783 1001579
May 2030 940847 891923 989771
June 2030 945059 864729 1025389
July 2030 949978 892979 1006977
August 2030 955493 880965 1030022
September 2030 961282 877651 1044914
October 2030 967107 877166 1057048
November 2030 972966 923345 1022587
December 2030 978861 897616 1060107
Deer Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 984792 888282 1081302
February 2031 990759 892674 1088844
March 2031 996762 934962 1058561
April 2031 1000306 921282 1079330
May 2031 1000168 912153 1088183
June 2031 998548 919663 1077433
July 2031 997958 940076 1055840
August 2031 996692 906990 1086394
September 2031 994903 899392 1090413
October 2031 993128 942479 1043778
November 2031 993726 902303 1085148
December 2031 999317 906381 1092254
Deer Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 1005372 955103 1055640
February 2032 1011463 911328 1111598
March 2032 1017592 949413 1085770
April 2032 1021344 955978 1086710
May 2032 1021719 956329 1087109
June 2032 1022697 967471 1077922
July 2032 1024723 947868 1101577

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.