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LAKE VILLA, IL 60046

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

Market Overview

Active Listings
55
⇩ 40.2% vs 92 last year
Pending
25
45% pending ratio
Median Price
$395,950
⇧ 15.7% vs $342,198 last year
Average Price
$495,201
⇧ 15.5% vs $428,788 last year
Days on Market
53
⇩ 10.2% vs 59 days last year

Market Context

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

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

Market Analysis

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

The LAKE VILLA, IL real estate market (60046) currently shows 55 active listings, with 25 pending sales. Homes are averaging 53 days on the market before going under contract.

Inventory has tightened compared to last year, with 37 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 53 days on market compared to 59 days last year.

The median listing price has risen 15.7% year-over-year, from $342,198 to $395,950.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 55 this year vs 92 last year
  • Days on market: 53 now vs 59 last year

Median & Average Pricing

Year over Year
  • Median: $395,950 (+15.7% YoY)
  • Average: $495,201 (+15.5% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.8 miles — 431 listings ($208,519,594 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60046Lake Villa, IL 600460.0 mi55$27,236,055$395,950$495,201
60073Round Lake, IL 600735.0 mi105$28,310,835$249,999$269,627
60041Ingleside, IL 600415.7 mi18$5,763,348$297,450$320,186
60083Wadsworth, IL 600836.0 mi24$22,451,592$526,950$935,483
53179Trevor, WI 531797.6 mi8$2,857,600$312,450$357,200
53192Wilmot, WI 531929.1 mi1$515,000$515,000$515,000
53104Bristol, WI 531049.9 mi10$7,559,440$549,000$755,944
60048Libertyville, IL 6004810.2 mi48$39,845,760$669,950$830,120
60087Waukegan, IL 6008710.5 mi28$7,609,980$270,633$271,785
60085Waukegan, IL 6008510.9 mi52$13,869,544$249,000$266,722
60084Wauconda, IL 6008410.9 mi35$22,114,540$514,900$631,844
53181Twin Lakes, WI 5318111.6 mi22$18,937,600$537,900$860,800
53168Salem, WI 5316811.8 mi25$11,448,300$474,900$457,932

Frequently Asked Questions

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

As of January 2026, there are 55 active listings in LAKE VILLA, IL (zip code 60046), compared to 92 the prior year.

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

The median listing price in LAKE VILLA, IL 60046 is $395,950 as of January 2026, a 15.7% increase from $342,198 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 53 days on the market before going under contract, compared to 59 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 January 2026, LAKE VILLA, IL 60046 is currently a Seller's Market. Inventory has tightened compared to last year, with 37 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 53 days on market compared to 59 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 $7,919 compared to a typical 5% commission on the median listing price of $395,950. 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.