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David Hall HouseDavid Hall House · Photo: Kretzschmar · CC BY-SA 3.0
Housing in Lake Villa Township

85 homes sold in Lake Villa Township in the last year, at a typical $424K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Lake Villa Township homes are listed.

Homes for sale in Lake Villa TownshipZillowRedfinRealtor.comMore places to look ↓
Homes sold
85
October 2025 to September 2026
Typical sale price
$424K
median, weighted by sales
Price per square foot
$175
Illinois $193
Paid vs. asking
99.8%
39% sold over asking
For sale now
22
September 2026 · 6 sold that month
What sold · last 12 months

Houses are 89% of Lake Villa Township’s sales, at a typical $441K (year to May 2026)

85 homes sold in the year to September 2026.

Houses$441K

typical sale · 75 sold in the year to May 2026

Per square foot
$176IL $180
Days to sell
48
Sold over asking
40%
Listings with a price cut
25%
Fewer sales

Townhouses: 9 sold, typical $300K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than a decade ago, at 1.9 times the 2016 price

85 sales in the last year, against 183 in 2019 and a low of 82 in 2025. The typical sale went from $227K in 2016 to $424K.

Homes soldTypical sale price
050100150200$200K$300K$400K$500K2012: 93 sold, typical $200K’122013: 133 sold, typical $222K2014: 120 sold, typical $226K’142015: 139 sold, typical $236K2016: 170 sold, typical $227K’162017: 150 sold, typical $253K2018: 131 sold, typical $244K’182019: 183 sold, typical $245K2020: 146 sold, typical $269K’202021: 183 sold, typical $311K2022: 131 sold, typical $341K’222023: 91 sold, typical $351K2024: 83 sold, typical $401K’242025: 82 sold, typical $439KLast 12 months: 85 sold, typical $424KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $400K buys in Lake Villa Township

Houseat $176 a sq ft, year to May 2026
The same money in Illinoisat $180 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Lake Villa Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Lake Villa Township are more common than before the pandemic, but three quarters fewer homes come up for sale

We read every month of Lake Villa Township’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 85 sales.

If you’re buying in Lake Villa Township

  • Shop in March. It brings about 19 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
  • Bid near asking. Buyers paid 99.8% of the list price on average; 39% paid over.
  • Move fast on good ones. 60% of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 19 a month), and the most competition: 40% close over asking. March offers nearly as much choice with fewer homes bid up (24%). January has the least competition (13%) but only about 9 new listings.

New listings a monthShare sold over asking
0510152020%40%60%Sweet spotJan: 9 new listings a month, 13% sold over asking, 88 days to sellJFeb: 12 new listings a month, 21% sold over asking, 92 days to sellFMar: 19 new listings a month, 24% sold over asking, 86 days to sellMApr: 18 new listings a month, 33% sold over asking, 70 days to sellAMay: 18 new listings a month, 34% sold over asking, 60 days to sellMJun: 19 new listings a month, 40% sold over asking, 45 days to sellJJul: 15 new listings a month, 26% sold over asking, 47 days to sellJAug: 15 new listings a month, 29% sold over asking, 50 days to sellASep: 12 new listings a month, 31% sold over asking, 58 days to sellSOct: 11 new listings a month, 17% sold over asking, 80 days to sellONov: 8 new listings a month, 14% sold over asking, 60 days to sellNDec: 4 new listings a month, 20% sold over asking, 69 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Illinois as a whole

Lake Villa Township now2017–192021 peakIL now
Sold over askingShare of sales that closed above the list price39%11%56%36%
Gone within two weeksShare of homes under contract within 14 days60%22%62%45%
Price paid vs. askingAverage sale price ÷ list price99.8%97.3%100.8%99%
Days to sellMedian days from listing to contract49921251
Supply

15 homes for sale on a typical day

That’s 77% fewer than in 2017–19 and well under 2015’s 68.

2012: 59 for sale’122013: 49 for sale2014: 49 for sale2015: 68 for sale’152016: 57 for sale2017: 67 for sale2018: 63 for sale’182019: 60 for sale2020: 24 for sale2021: 15 for sale’212022: 25 for sale2023: 16 for sale2024: 15 for sale’242025: 15 for saleLast 12 months: 15 for saleNow
Across Illinois

Lake Villa Township ranks 141st of 327 busy Illinois markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Lake Villa Township is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Lake Villa Township home costs about $3,265 a month

Mortgage
Property tax
Insurance
Rent

Price: Lake Villa Township’s typical sale, last 12 months. Property tax at Lake Villa Township’s 3% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Lake Villa Township is affordable on local pay is on Cost of living.

Before you buy in Lake Villa Township

Six things worth knowing

19

New listings in June

The month with the most choice. December has the fewest, about 4.

Best time to buy
3%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $424K home, about $12,640 a year.

Taxes vs. neighbors
B+

Schools

The schools grade for Lake Villa Township, from test results, graduation and how much students grow.

Schools in Lake Villa Township
34 min

Typical commute

The average one-way trip to work for people who live in Lake Villa Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Venetian Village for far more

The busier markets within 25 miles of Lake Villa Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Round Lake Beach286$272K$19646%50
Lindenhurst205$370K$19346%49
Lake Villa Township85$424K$17539%49
Grandwood Park67$371K$19041%49
Venetian Village46$279K$22255%56
Fox Lake Hills40$331K$19831%49
Round Lake Heights25$335K$17951%56

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Lake Villa Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Lake Villa Township. People who follow the town see it, and so do people comparing Lake Villa Township with their own town. No commission, no listing fee.

Questions about buying a home in Lake Villa Township

What do homes sell for in Lake Villa Township, IL?

85 homes sold in the year to September 2026 at a typical $424K, $175 a square foot.

Is Lake Villa Township a buyer’s or seller’s market?

A seller’s market: 22 homes were for sale in September 2026 and 6 sold, about 3.7 months of supply. Buyers paid 99.8% of asking on average.

When is the best time to buy in Lake Villa Township?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Lake Villa Township?

About 3% of a home’s value a year. On a $424K home that’s near $12,640.

Where can I see homes for sale in Lake Villa Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Lake Villa Township’s MLS listings; the search links above open each one filtered to Lake Villa Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).