Home prices
The median home in Lake Villa costs $259,900. Compared to nearby areas it is approximately $84,360 (48%) higher.It is about $42,400 (19%) higher in comparison to the entire nation, and in comparison to the city of Chicago it is is very similar.
Rents
In Lake Villa the median monthly rent is $1,162. This is about $215 (15%) lower in comparison to nearby areas.It is about $100 (9%) higher compared to the rest of the country, and in comparison to the city of Chicago is approximately $50 (4%) higher.
Nearby places
Fox Lake Hills
Fox Lake Hills is Lake Villa's neighbor to the west. Its housing prices are significantly less expensive. The cost of the median home in Fox Lake Hills is $173,100, which comes out to $86,800 (50%) lower than Lake Villa. Its rents are a little more expensive. Fox Lake Hills's median monthly rent is $1,376, which comes out to $214 (15%) higher than Lake Villa.
Venetian Village
Venetian Village is Lake Villa's neighbor to the southeast. Its real estate prices are substantially less expensive. The price of the median home in Venetian Village is $173,500, which is $86,400 (49%) lower than Lake Villa. Its rents are somewhat less expensive. The median monthly rent in Venetian Village is $1,105, which works out to $57 (5%) lower than Lake Villa.
Round Lake Heights
Round Lake Heights is Lake Villa's neighbor to the south. The real estate prices there are significantly less expensive. The cost of the median home in Round Lake Heights is $168,500, which is $91,400 (54%) lower than Lake Villa. The rent there is somewhat more expensive. In Round Lake Heights the median monthly rent is $1,470, which is $308 (20%) higher than Lake Villa.
Lindenhurst
Lindenhurst is Lake Villa's neighbor to the east. Its real estate prices are a little less expensive. The price of the median home in Lindenhurst is $219,700, which comes out to $40,200 (18%) lower than Lake Villa. Rents there are a little more expensive. Lindenhurst's median rent is $1,598 per month, which works out to $436 (27%) higher than Lake Villa.
Round Lake Beach
Round Lake Beach is Lake Villa's neighbor to the south. Real estate prices there are significantly less expensive. The value of the median home in Round Lake Beach is $142,900, which is $117,000 (81%) lower than Lake Villa. Rent there is a little more expensive. In Round Lake Beach the median monthly rent is $1,334, which is $172 (12%) higher than Lake Villa.
