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LIBERTYVILLE, IL 60048

Real Estate Market Report  ·  Lake County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
48
⇩ 4% vs 50 last year
Pending
20
42% pending ratio
Median Price
$669,950
⇧ 2.7% vs $652,450 last year
Average Price
$830,120
⇩ 37.7% vs $1,331,922 last year
Days on Market
61
⇧ 8.9% vs 56 days last year

Market Context

Population: 29,452  ·  Density: 400.4/mi²  ·  Median household income: $166,229

Typical home value: $519,328  ·  Homeownership: 84.6%

Market Analysis

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

The LIBERTYVILLE, IL real estate market (60048) currently shows 48 active listings, with 20 pending sales. Homes are averaging 61 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 61 days on market compared to 56 days last year.

The median listing price has risen 2.7% year-over-year, from $652,450 to $669,950.

Whether you are buying or selling in LIBERTYVILLE, 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: 48 this year vs 50 last year
  • Days on market: 61 now vs 56 last year

Median & Average Pricing

Year over Year
  • Median: $669,950 (+2.7% YoY)
  • Average: $830,120 (-37.7% 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 12.7 miles — 720 listings ($572,306,206 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60048Libertyville, IL 600480.0 mi48$39,845,760$669,950$830,120
60061Vernon Hills, IL 600614.3 mi63$35,273,889$475,000$559,903
60060Mundelein, IL 600605.1 mi77$49,403,816$459,995$641,608
60045Lake Forest, IL 600455.5 mi62$187,589,866$1,950,000$3,025,643
60085Waukegan, IL 600855.9 mi52$13,869,544$249,000$266,722
60047Lake Zurich, IL 600478.2 mi112$97,679,008$836,450$872,134
60087Waukegan, IL 600878.9 mi28$7,609,980$270,633$271,785
60040Highwood, IL 600409.2 mi2$1,149,900$574,950$574,950
60083Wadsworth, IL 600839.8 mi24$22,451,592$526,950$935,483
60046Lake Villa, IL 6004610.2 mi55$27,236,055$395,950$495,201
60090Wheeling, IL 6009011.4 mi80$24,952,800$299,000$311,910
60074Palatine, IL 6007412.0 mi61$25,832,036$265,000$423,476
60004Arlington Heights, IL 6000412.7 mi56$39,411,960$574,950$703,785

Frequently Asked Questions

How many homes are for sale in LIBERTYVILLE, IL 60048?

As of January 2026, there are 48 active listings in LIBERTYVILLE, IL (zip code 60048), compared to 50 the prior year.

What is the median home price in LIBERTYVILLE, IL 60048?

The median listing price in LIBERTYVILLE, IL 60048 is $669,950 as of January 2026, a 2.7% increase from $652,450 the prior year.

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

Homes in LIBERTYVILLE, IL 60048 spend an average of 61 days on the market before going under contract, compared to 56 days the prior year.

Is it a seller's or buyer's market in LIBERTYVILLE, IL 60048?

Based on current inventory and days-on-market data as of January 2026, LIBERTYVILLE, IL 60048 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 61 days on market compared to 56 days last year.

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

With SELL123.com's maximum 3% commission, sellers in LIBERTYVILLE, IL 60048 save an estimated $13,399 compared to a typical 5% commission on the median listing price of $669,950. 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.