Housing in Lake Villa, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$375,000
Median List Price
$427,950
Price Per Sq Ft
$189
Days on Market
54
Active Inventory
13
Months of Supply
13.0
Buyer's market
Zillow Home Value
$358,560
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
57.1%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
9
Pending Sales
7
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$189
Median List $/SF
$162
Lake Villa vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 residents. Lake Villa is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$325,900
Median Rent
$1,430
Total Housing Units
3,192
Vacancy Rate
1.6%
Owner Occupied
70.0%
Renter Occupied
30.0%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,118
Housing Types
The current median sale price in Lake Villa, IL is $375,000 according to Redfin data. Homes spend a median of 54 days on the market. 0.0% of homes sold above asking price. The market has 13.0 months of supply. The median price per square foot is $189. The median rent is $1,430 per month (Census ACS). About 70.0% of housing units are owner-occupied. The median year homes were built is 1994. There are 3,192 total housing units.