Photo: Teemu008 from Palatine, Illinois · CC BY-SA 2.0371 homes sold in Libertyville Township in the last year, at a typical $681K
Redfin reports Libertyville Township’s sales by ZIP code, so these figures are for ZIP 60048, which takes in Libertyville Township and the area around it. 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 Libertyville Township homes are listed.
Every place Libertyville Township homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Libertyville Township.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
8% of Libertyville Township’s sales are condos, at $413K less than a house
314 houses and 30 condos sold in the year to May 2026. Houses sell faster.
typical sale · 314 sold in the year to May 2026
- Per square foot
- $276IL $180
- Days to sell
- 51
- Sold over asking
- 46%
typical sale · 30 sold in the year to May 2026
- Per square foot
- $233IL $251
- Days to sell
- 56
- Sold over asking
- 44%
Fewer homes sell than before 2022, at 1.7 times the 2016 price
371 sales in the last year, against 718 in 2021 and a low of 362 in 2012. The typical sale went from $401K in 2016 to $681K.
Source: Redfin Data Center, MLS sales; for ZIP 60048, which takes in Libertyville Township and the area around it (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 $700K buys in Libertyville Township
Check a listing against what Libertyville 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.
Bidding wars in Libertyville Township are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of home sales in ZIP 60048 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, 371 sales.
If you’re buying in Libertyville Township
- Shop in April. It brings about 64 new listings a month, close to the busiest month, with fewer bidding wars (17% over asking).
- Bid near asking. Buyers paid 99.7% of the list price on average; 42% paid over.
- Move fast on good ones. 56% of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 70 a month), but June is the most competitive: 23% of June sales close over asking. February has the least competition (11%) but only about 37 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Illinois
| Libertyville Township now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 42% | 8% | 18% | 36% |
| Gone within two weeksShare of homes under contract within 14 days | 56% | 29% | 43% | 45% |
| Price paid vs. askingAverage sale price ÷ list price | 99.7% | 96.2% | 97.8% | 99% |
| Days to sellMedian days from listing to contract | 50 | 88 | 32 | 51 |
75 homes for sale on a typical day
That’s 69% fewer than in 2017–19 and well under 2019’s 261.
Since 2019, houses are up 57%, condos 59%
A house typically sold for $712K in the year to May 2026 (314 sales), a condo for $299K (30).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 60048, which takes in Libertyville Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 27.
Best time to buySchools
The schools grade for Libertyville Township, from test results, graduation and how much students grow.
Schools in Libertyville TownshipTypical commute
The average one-way trip to work for people who live in Libertyville Township.
Work & commuteCheck 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 hazardsLook 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.
Vernon Hills and Mundelein sell for less a square foot; Lake Bluff for far more
The busier markets within 25 miles of Libertyville Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Mundelein | 423 | $402K | $231 | 40% | 49 |
| Libertyville Township (ZIP 60048) | 371 | $681K | $278 | 42% | 50 |
| Vernon Hills | 313 | $456K | $240 | 38% | 51 |
| Libertyville | 274 | $635K | $284 | 45% | 47 |
| Lake Bluff | 103 | $1.2M | $413 | 41% | 63 |
| Green Oaks | 43 | $876K | $284 | 45% | 55 |
| Knollwood | 21 | $563K | $302 | 47% | 79 |
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.
Post your home to Libertyville Township, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Libertyville Township. People who follow the town see it, and so do people comparing Libertyville Township with their own town. No commission, no listing fee.
Questions about buying a home in Libertyville Township
What do homes sell for in Libertyville Township, IL?
371 homes sold in the year to September 2026 at a typical $681K, $278 a square foot. Houses sold for about $712K, condos for about $299K in the year to May 2026.
Is Libertyville Township a buyer’s or seller’s market?
A seller’s market: 77 homes were for sale in September 2026 and 44 sold, about 1.7 months of supply. Buyers paid 99.7% of asking on average.
When is the best time to buy in Libertyville Township?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Libertyville Township?
Zillow, Redfin, Realtor.com and Homes.com all carry Libertyville Township’s MLS listings; the search links above open each one filtered to Libertyville Township.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 60048, which takes in Libertyville Township and the area around it (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).