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Sheriff Sale Homes in Lake Villa, IL

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Lake Villa, IL Foreclosures

How much do homes sell for in Lake Villa, IL?
The average home price is currently $357,494.
In Lake Villa, IL, how many homes are available?
There are currently 5 active home listings available in Lake Villa.
What’s the average rental cost in Lake Villa, IL?
The average rental price in Lake Villa is $1,781.
What is the most expensive home in Lake Villa?
The most expensive home sold in Lake Villa had a price of $6,817,758.
What is currently the cheapest priced home in Lake Villa, IL?
The cheapest home for sale in Lake Villa is priced at $10,692.

Living in Lake Villa, IL

Lake Villa, IL is a charming suburban village offering a family-friendly atmosphere and a plethora of outdoor activities. Known for its picturesque lakes and well-regarded schools, this community is perfect for those seeking a peaceful lifestyle with easy access to recreational activities. With a strong sense of community, residents can enjoy various local events and amenities that enhance daily living.

Current Market Conditions in Lake Villa, IL

The Lake Villa real estate market has shown steady growth over the past several months, attracting homebuyers who value the area's natural beauty and community feel. Current listings indicate a balanced market with some properties experiencing competitive bidding due to high demand among families moving to the area.

There is a diverse range of homes available, catering to different budgets—from affordable single-family homes to larger, more luxurious estates. The market is characterized by a mix of resale properties and new constructions, providing options for first-time buyers and those looking for more upscale residences.

Home Value Estimator For Lake Villa, IL

There are currently 8,356 real estate properties in Lake Villa, IL, with a median automated valuation model (AVM) price of $333,904.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lake Villa, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Lake Villa, IL, is $357,494.00, with the most expensive house in Lake Villa, IL, topping out at $6,817,758.00 and the cheapest home in Lake Villa, IL, clocking in at $10,692.00. In other words, there’s something for every potential homebuyer or savvy investor in Lake Villa, IL!

Rent Prices In Lake Villa, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lake Villa, IL, is on a rollercoaster ride. The average rent price in Lake Villa, IL, is $1,781.00. Indeed, when looking to rent in Lake Villa, IL, you can expect to pay as little as $860.00 or as much as $4,340.00, with the average rent median estimated to be $1,680.00. The good news is that finding an affordable and desirable property to rent in Lake Villa, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Lake Villa, IL Sheriff Sale Homes


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