Above is a snapshot look at the real estate market in Lake Villa, IL. In Lake Villa, IL, the median house price is $233,600, making the price 34% higher than that the average for Illinois. Therefore, the affordability of Lake Villa, IL area real estate is less affordable than the real estate in other areas of Illinois. In addition, Lake Villa, IL has a median rent price of $991; this price is 7% higher than that the average rental price for Illinois. 76.5% of residents in Lake Villa, IL are homeowners, and the average amount of people who reside in each home is 2.6. Lake Villa, IL has a wide array of real estate options available, ranging from cost-friendly condos to high-end luxury homes. We filter listings by number of bathrooms and bedrooms, price and area to simplify the search process for Lake Villa, IL real estate for sale.