Brokers — List your Company Here
Featured local agent — Westlake Village, IL
Sarah Mitchell
Compass Real Estate · Westlake Village, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
This spot is open. Be the only brokerage featured on this page — one slot, no auction.
Claim this spot* Example only — dummy agent for illustration. Your logo, name, tagline, link, and lead routing replace this content.
Westlake Village, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$394,500median sale price
How is the Westlake Village, IL housing market right now?
The median home sale price in Westlake Village, IL is $394,500, up 23.3% year-over-year. Homes sell in an average of 93 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Westlake Village a buyer's or seller's market?
Westlake Village, IL is currently a seller's market, based on 1.0 months of supply and homes selling in about 93 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
93
Average pace
Active listings
2
1.0 months supply
Sale-to-list
99.0%
Below asking
What does the Westlake Village housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $394,500 |
| Median list price | $570,000 |
| Year-over-year price change | +23.3% |
| Average days on market | 93 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $148/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 1 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Westlake Village by property type?
How the Westlake Village, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $394,500 | $148/sq ft | 2 | 93 days |
| Condo / Co-op | $390,000 | $119/sq ft | 2 | 13 days |
Source: Redfin · Updated monthly
The Westlake Village housing market is currently classified as a seller's market with a median sale price of $394,500. Prices have risen 23.3% compared to last year, with homes spending an average of 93 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Westlake Village
There are currently 2 homes listed for sale in Westlake Village, Illinois. The median listing price is $570K.
Active listings
2
Homes on market
Median list price
$570K
Avg. days on market
93
Days until sale
New this week
1
Newly listed
Who lives in Westlake Village?
Population
1,282
Median income
$143,424/yr
Median age
43.5 years
Owner-occupied
100.0%
College grads
28.2%
Avg commute
28.5 min
Source: U.S. Census Bureau ACS
What is it like to live in Westlake Village?
Westlake Village is a community of approximately 1K residents with a median age of 43.5 years.The median household income is $143,424, which reflects a relatively affluent area with strong earning potential. 28.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 100.0%, reflecting strong community stability and long-term resident commitment. The average commute time is 28.5 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Westlake Village offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Westlake Village, IL?
Want a head-to-head view? Compare Westlake Village side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Westlake Village?
The median home sale price in Westlake Village is $394,500, up 23.3% from last year.
How long do homes stay on market in Westlake Village?
Homes typically spend 93 days on market before going under contract.
What is the median income in Westlake Village?
The median household income is $143,424 per year.
Is Westlake Village a buyer's or seller's market?
With 1.0 months of supply, Westlake Village is currently a seller's market.
What is the median condo price in Westlake Village?
The median condo/co-op sale price in Westlake Village, IL is $390,000, compared to $394,500 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Westlake Village?
The median single-family home price in Westlake Village, IL is $394,500 (about $148 per square foot).
Be the brokerage on this page
1 slot per pageGet featured on Westlake Village, IL
Your logo, brokerage name, and direct link to your site — featured at the top of this page in front of every visitor researching this whole city. One brokerage, no rotation, no bidding war.
- Goes live in 24 hours
- Cancel anytime
- Do-follow backlink to your site
Get Westlake Village market alerts
Weekly updates on prices, inventory, and trends. Free forever.