Call or Text (240) SELL-123

LAKE VILLA, IL 60046

Real Estate Market Report  ·  Lake County
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The LAKE VILLA, IL real estate market (60046) currently shows 70 active listings, with 44 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has tightened compared to last year, with 50 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 27 days on market compared to 39 days last year.

The median listing price has risen 9.3% year-over-year, from $349,900 to $382,500.

Whether you are buying or selling in LAKE VILLA, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LAKE VILLA, IL 60046 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 34,854  ·  Density: 586.2/mi²  ·  Median household income: $121,099

Typical home value: $267,678  ·  Homeownership: 82.4%

Market Overview

Active Listings
70
⇩ 41.7% vs 120 last year
Pending
44
63% pending ratio
Median Price
$382,500
⇧ 9.3% vs $349,900 last year
Average Price
$431,514
⇧ 0.2% vs $430,749 last year
Days on Market
27
⇩ 30.8% vs 39 days last year

Price Per Square Foot

Median $/sqft
$199
⇩ 7.9% vs $216/sqft last year
Median Home Size
2,020 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 70 this year vs 120 last year
  • Days on market: 27 now vs 39 last year

Median & Average Pricing

Year over Year
  • Median: $382,500 (+9.3% YoY)
  • Average: $431,514 (+0.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 12.0 miles — 573 listings ($247,600,154 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60046Lake Villa, IL 600460.0 mi62$25,459,618$389,375$410,639
60073Round Lake, IL 600735.0 mi113$32,463,431$263,000$287,287
60041Ingleside, IL 600415.7 mi18$6,829,686$359,900$379,427
60083Wadsworth, IL 600836.0 mi23$21,417,922$532,975$931,214
53179Trevor, WI 531797.6 mi7$2,453,990$254,900$350,570
60051Mchenry, IL 600519.5 mi79$36,958,965$448,034$467,835
60060Mundelein, IL 6006010.2 mi91$57,049,720$439,995$626,920
60099Zion, IL 6009910.3 mi66$19,255,038$290,350$291,743
53170Silver Lake, WI 5317010.7 mi2$807,166$418,400$403,583
53142Kenosha, WI 5314210.9 mi48$15,328,608$288,700$319,346
53158Pleasant Prairie, WI 5315811.5 mi36$21,810,708$561,175$605,853
60042Island Lake, IL 6004211.7 mi17$5,125,313$299,925$301,489
60064North Chicago, IL 6006412.0 mi11$2,639,989$243,700$239,999

Frequently Asked Questions

How many homes are for sale in LAKE VILLA, IL 60046?

As of March 2026, there are 70 active listings in LAKE VILLA, IL (zip code 60046), compared to 120 the prior year.

What is the median home price in LAKE VILLA, IL 60046?

The median listing price in LAKE VILLA, IL 60046 is $382,500 as of March 2026, a 9.3% increase from $349,900 the prior year.

How long do homes stay on the market in LAKE VILLA, IL?

Homes in LAKE VILLA, IL 60046 spend an average of 27 days on the market before going under contract, compared to 39 days the prior year.

Is it a seller's or buyer's market in LAKE VILLA, IL 60046?

Based on current inventory and days-on-market data as of March 2026, LAKE VILLA, IL 60046 is currently a Seller's Market. Inventory has tightened compared to last year, with 50 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 27 days on market compared to 39 days last year.

How much can I save on real estate commission in LAKE VILLA, IL?

With SELL123.com's maximum 3% commission, sellers in LAKE VILLA, IL 60046 save an estimated $7,650 compared to a typical 5% commission on the median listing price of $382,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.