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Lake Villa, IL
Full City Profile · Illinois · McHenry County County
3.9
/5.0
B+
Good
8,707
Population
1,333/sq mi density
$111,110
Median Income
$49,496 per capita
$325,900
Home Value
$365,056 Zillow
$1,430
Median Rent
28.4% income on rent
49°F
Avg Temperature
260 sunny days/yr
58
Violent Crime/100K
475 property/100K
B+
Overall
3.9 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$111,110 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$325,900 home value, $1,430/mo rent
F
Safety
1.0 / 5.0
58 violent crimes/100K
A+
Education
4.9 / 5.0
48.6% bachelor's degree or higher
Housing Overview
Median Home Value
$325,900
16% above
US avg: $281,900
Median Rent
$1,430/mo
23% above
US avg: $1,163/mo
Homeownership Rate
70.0%
7% above US avg (65.4%)
Total Housing Units
3,136
Median year built: 1996
Home Value by Source
Census Median
$325,900
Zillow (ZHVI)
$365,056
Median Sale Price
$447,500
Median List Price
$469,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.0%
Owner-Occupied
30.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,430/mo
Market Indicators (Redfin)
Median Days on Market
36 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
23.1%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
13
homes for sale
Affordability & Housing Stock
Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
70.0%
Complete Housing Data
Home Values
| Census Median Value | $325,900 |
| Zillow Home Value (ZHVI) | $365,056 |
| Median Sale Price | $447,500 |
| Median List Price | $469,900 |
| Price Per Sq Ft | $171 |
Rent
| Census Median Rent | $1,430 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 36 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 23.1% |
| Homes Sold | 6 |
| Active Inventory | 13 |
| Price Per Sq Ft | $171 |
Ownership & Stock
| Owner-Occupied | 70.0% |
| Renter-Occupied | 30.0% |
| Homeownership Rate | 70.0% |
| Total Housing Units | 3,136 |
| Median Year Built | 1996 |
| Rent Burden | 28.4% |