The median home value in Lake Villa, IL is $315,000. This is higher than the county median home value of $242,800. The national median home value is $219,700. The average price of homes sold in Lake Villa, IL is $315,000. Approximately 70.76% of Lake Villa homes are owned, compared to 25.4% rented, while 3.85% are vacant. Lake Villa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Villa real estate agent to arrange a tour today!
Lake Villa, Illinois has a population of 8,781. Lake Villa is more family-centric than the surrounding county with 49.37% of the households containing married families with children. The county average for households married with children is 38.63%.
The median household income in Lake Villa, Illinois is $92,951. The median household income for the surrounding county is $82,613 compared to the national median of $57,652. The median age of people living in Lake Villa is 35.2 years.
The average high temperature in July is 81.7 degrees, with an average low temperature in January of 14.6 degrees. The average rainfall is approximately 36.2 inches per year, with 39.5 inches of snow per year.