In December 2021, there were 13 homes sold, with a median sale price of $352,000 - a 46.7% increase over the $240,000 median sale price for the same period of the previous year. There were seven homes sold in Lake Villa in December 2020.
The median sales tax in Lake Villa for the most recent year with available data, 2019, was $8,459, approximately 2.4% of the median home sale price for December 2021.
The following table compares Lake Villa to other Lake County cities with similar median sale prices in December 2021:
| City | Dec. 2021 Home Sales | Dec. 2020 Home Sales | % change (Total Home Sales) | Dec. 2021 Median Sales Price | Dec. 2020 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Port Barrington | 1 | 1 | 0% | $395,000 | $275,000 | 43.6% |
| Lincolnshire | 9 | 2 | 350% | $389,900 | $567,750 | -31.3% |
| Lake Zurich | 19 | 11 | 72.7% | $385,000 | $289,900 | 32.8% |
| Cary | 2 | 0 | - | $385,000 | $0 | - |
| Libertyville | 33 | 15 | 120% | $370,000 | $347,500 | 6.5% |
| Lake Villa | 13 | 7 | 85.7% | $352,000 | $240,000 | 46.7% |
| Knollwood | 2 | 0 | - | $351,950 | $0 | - |
| Lake Barrington | 15 | 6 | 150% | $350,000 | $480,000 | -27.1% |
| Wadsworth | 5 | 2 | 150% | $341,000 | $429,000 | -20.5% |
| Vernon Hills | 33 | 16 | 106.3% | $340,000 | $339,050 | 0.3% |
| Buffalo Grove | 39 | 13 | 200% | $340,000 | $330,000 | 3% |
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