From April to June, 57 homes sold in Lake Villa for a median price of $227,000. That's 6.6 percent lower than median home sale prices for the second quarter of 2017.
In the second quarter, 1 home in Lake Villa was in foreclosure.
Median property tax for homeowners in Lake Villa was $8,361.81 in 2017 according to tax data from that year. That means homeowners pay 3.4 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Lake Villa real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
22
$255,645
-
2010
26
$304,808
19.2%
2011
25
$231,650
-24%
2012
38
$222,633
-3.9%
2013
49
$204,120
-8.3%
2014
51
$237,440
16.3%
2015
46
$232,670
-2%
2016
64
$238,350
2.4%
2017
62
$243,015
2%
2018
57
$227,000
-6.6%
Median property tax
Median sale price
Effective property tax rate
2009
$7,197.79
$255,645
2.8%
2010
$9,498.10
$304,808
3.1%
2011
$6,917.73
$231,650
3%
2012
$7,899.08
$222,633
3.5%
2013
$7,537.66
$204,120
3.7%
2014
$8,581.87
$237,440
3.6%
2015
$9,529.79
$232,670
4.1%
2016
$9,416.21
$238,350
4%
2017
$8,361.80
$243,015
3.4%
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