Lake Villa, IL Home Values & Market Trends
Real estate market trends reflect that there have been 297 transactions over the past year in Lake Villa. The median value for residential home transactions that occurred over the previous year is $394,816. The number of current listings in Lake Villa is 222, and the percentage of properties for sale in the city is 222.00%. Lake Villa, IL currently has 38 properties in foreclosure, 2 bank owned properties, 0 properties headed for auction, and 222 properties for sale.
Lake Villa, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60046 | $ 372,272 $ 207/sqft |
Housing Market Summary for Lake Villa, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $374.9K | $425K | 13.36% |
| Median Sold Price | $369.2K | $384.6K | 4.15% |
| Homes For Sale | 163 | 219 | 34.36% |
| Homes Sold | 121 | 139 | 14.88% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lake Villa, IL
Browse Homes in Lake Villa, IL
Lake Villa home values range from $65,307 to $997,886. The median estimated value of a home in Lake Villa is $394,816. The median list price of a home is 417,450, and the total count of properties in the city is 440.
- Pre-ForeclosurePre-foreclosure homes account for 8.18% of all residential properties in Lake Villa, IL with 60046 containing 57 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Lake Villa, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $636,413 in 60046 to the lowest home value of $212,932 in 60046.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lake Villa, IL ranges from the highest value of $0 in 60046 to the lowest value of $0 in 60046. Bank owned homes and properties account for 0.45% of properties in Lake Villa, IL. There is 1 zips within Lake Villa, IL; 60046 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Lake Villa, IL. Auction homes and other auction properties account for 0% of all properties in Lake Villa, IL. There is 1 zips within Lake Villa, IL; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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Guide for Lake Villa, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
