Lake Villa, IL

Seller's market+14.0% YoY

Housing market overview · Updated weekly

$447,500median sale price

Homes sold

6

Last 12 weeks

Days on market

36

Average pace

Active listings

13

2.2 months supply

Sale-to-list

99.7%

Below asking

The Lake Villa housing market is currently classified as a seller's market with a median sale price of $447,500. Prices have risen 14.0% compared to last year, with homes spending an average of 36 days on market, indicating 2.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Lake Villa

There are currently 13 homes listed for sale in Lake Villa, Illinois. The median listing price is $470K.

Active listings

13

Homes on market

Median list price

$470K

Avg. days on market

36

Days until sale

New this week

7

Newly listed

Price drops:23.1%of listings
Sale-to-list:99.7%

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Frequently asked questions

What is the average home price in Lake Villa?

The median home sale price in Lake Villa is $447,500, up 14.0% from last year.

How long do homes stay on market in Lake Villa?

Homes typically spend 36 days on market before going under contract.

Is Lake Villa a buyer's or seller's market?

With 2.2 months of supply, Lake Villa is currently a seller's market.

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