House Prices

House Prices & Home Values Lake Villa, IL 2026


Average Data

average house price$249,545
average size per house1830 ft²
average price per ft²137 $ / ft²

04/17/2026 - The value range (VR) for house prices in Lake Villa, IL is $121/ sqft to $121/ sqft. An average home with 1830 sqft costs approximately $221,430 to $221,430. Lake Villa, IL includes 1 ZIP codes and it is located in Lake county. The lowest prices are found in ZIP 60046, while the highest are in ZIP 60046. The average price per sqare feet is $137. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes Lake Villa

60046127 $ / ft²




Historical development of home values in Lake Villa

Year Estimated value (USD) Change vs. 2025
2010 $115,893 -53.6%
2011 $111,412 -55.4%
2012 $111,112 -55.5%
2013 $115,265 -53.8%
2014 $120,996 -51.5%
2015 $127,206 -49.0%
2016 $133,845 -46.4%
2017 $141,069 -43.5%
2018 $148,868 -40.3%
2019 $155,771 -37.6%
2020 $163,823 -34.4%
2021 $186,331 -25.3%
2022 $217,220 -13.0%
2023 $229,069 -8.2%
2024 $242,321 -2.9%
2025 $249,545 0.0%

Graph: estimated home values in Lake Villa over time (USD)



Example: 100% financing house in Lake Villa

Loan amount: $249,545

Interest rate: 6.00%

Fixed monthly payment: $1,496.15

Breakdown in the 1st month:
Interest portion: $1,247.73  –  Principal portion: $248.42

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,889.34 $3,064.44 $246,480.56
2 $14,700.33 $3,253.45 $243,227.11
3 $14,499.66 $3,454.12 $239,772.99
4 $14,286.62 $3,667.16 $236,105.83
5 $14,060.44 $3,893.34 $232,212.49
6 $13,820.31 $4,133.47 $228,079.02
7 $13,565.36 $4,388.42 $223,690.61
8 $13,294.70 $4,659.08 $219,031.52
9 $13,007.33 $4,946.45 $214,085.07
10 $12,702.25 $5,251.53 $208,833.54
11 $12,378.34 $5,575.44 $203,258.11
12 $12,034.46 $5,919.32 $197,338.79
13 $11,669.37 $6,284.41 $191,054.38
14 $11,281.77 $6,672.02 $184,382.37
15 $10,870.25 $7,083.53 $177,298.84
16 $10,433.35 $7,520.43 $169,778.41
17 $9,969.51 $7,984.27 $161,794.14
18 $9,477.06 $8,476.72 $153,317.42
19 $8,954.23 $8,999.55 $144,317.87
20 $8,399.16 $9,554.62 $134,763.25
21 $7,809.85 $10,143.93 $124,619.32
22 $7,184.20 $10,769.58 $113,849.74
23 $6,519.95 $11,433.83 $102,415.91
24 $5,814.74 $12,139.04 $90,276.86
25 $5,066.03 $12,887.75 $77,389.11
26 $4,271.14 $13,682.64 $63,706.47
27 $3,427.22 $14,526.56 $49,179.92
28 $2,531.26 $15,422.52 $33,757.40
29 $1,580.03 $16,373.75 $17,383.65
30 $570.13 $17,383.65 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Lake Villa, IL


1500 sqft3900 sqft
Ø selling price$248,656$528,957
Ø fast selling$226,051$476,062
Ø high price sale$271,260$581,853

In 2026, houses in Lake Villa, IL will be offered at an average price of $137 per square foot. A 1,500 sqft home priced at $248,656 is 24.03% more expensive per square foot than a 3,900 sqft home priced at $528,957. Home prices in Lake Villa, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $366,202. Sellers who can wait longer may achieve a higher price of up to $447,580.


Lake Villa, IL: Small-Town Charm in the Chain O? Lakes Region

Overview

Located in Lake County, Lake Villa, IL blends small-town charm with convenient access to Chicago?s northern suburbs.
Historic roots, tree-lined streets, and shimmering lakes create a welcoming vibe that appeals to families, commuters, and outdoor enthusiasts.

Outdoor Recreation

Bordered by Deep Lake, Cedar Lake, and the nearby Chain O? Lakes, residents enjoy boating, kayaking, fishing, and year-round water recreation.
Miles of trails at Grant Woods, Hastings Lake, and Sun Lake Forest Preserves offer birding, biking, and scenic walks through protected habitats.

Community and Schools

Well-regarded local schools, including Lake Villa District 41 and Lakes Community High School in District 117, serve area families.
Neighborhood events at Lehmann Park and programs at the Lake Villa District Library foster a close-knit, friendly atmosphere.

Housing and Neighborhoods

Real estate in Lake Villa ranges from lakeside cottages and single-family homes to newer subdivisions, offering diverse options and price points.
Quiet residential streets, ample yards, and access to parks make it a desirable place to put down roots.

Access and Local Economy

Commuters appreciate the Metra North Central Service station in Lake Villa, plus quick drives via Routes 83 and 132 to I?94, Gurnee Mills, and major employers.
From cozy brunch spots and local shops along Cedar Lake Road to quick trips for thrills at Six Flags Great America, Lake Villa, Illinois delivers convenience, value, and lifestyle.



FAQ – Home Values in Lake Villa

What is the median home value in Lake Villa in 2026?

In 2026, the typical home value in Lake Villa is about $249,545 for an average home size of 1830 square feet. This corresponds to an average price of roughly $137 per square foot.

What is the average cost per square foot in Lake Villa?

In 2026, homes in Lake Villa sell for an average of around $137 per square foot, with a typical range between $121 and $121 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Lake Villa is about 1830 square feet, with an estimated 2026 value around $249,545.



Locations close to Lake Villa, IL

Lake Zurich, IL188 $ / ft²
Libertyville, IL193 $ / ft²
Mchenry, IL121 $ / ft²
Lake Forest, IL298 $ / ft²
Lake Bluff, IL256 $ / ft²
Kenilworth, IL452 $ / ft²
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