Lake Villa Market Report

90-day market data from Chicago MLS — updated January 25, 2026

Balanced Market
$380K Median Sale Price
25 Days to Contract
97.1% Sale-to-List Ratio
59 Homes Sold (90 days)

Source: MRED MLS, 90-day sold data. Updated January 25, 2026.

Example 2.5% commission on the Lake Villa median of $380K = $9,550. Net Gain's flat fee = $1,995.

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Price Band Breakdown

Where buyers are actually competing in Lake Villa

Price Range Sold Avg Days Sale-to-List Active
$250K-$300K Strongest Demand 6 11d 101% 2
$300K-$350K 9 7d 99% 3
$450K-$500K 7 18d 98% 3
$350K-$400K 15 26d 97% 4
$400K-$450K 7 68d 93% 6

The $250K-$300K range shows the strongest buyer demand with 6 sales averaging 11 days to contract at 101% of asking. Currently 2 active listings competing.

Market Velocity

How fast the Lake Villa market is moving

17%
Price Reduction Rate
Avg 129 days before cut
25d
Median Days to Contract
Fastest 25%: 8 days
1.5
Months of Supply
29 active listings

17% of active listings have taken price cuts, suggesting some sellers initially overpriced.

Homes are taking 25 days to contract on average, though competitively priced properties move faster at 8 days.

With 1.5 months of inventory, this remains a seller's market where properly positioned listings have leverage.

What This Means for Your Listing

Commission savings at the Lake Villa median

Example 2.5% Commission
$9,550
Based on $380K median
vs
Up to $8K difference
Net Gain Flat Fee
$1,995
Same MLS exposure. Same professional service.
Commission rates are not set by law, vary by brokerage, and are fully negotiable. Buyer's agent compensation is separate and determined by the seller. Net Gain Realty charges a flat fee of $1,995 for listing services.

In a market where correctly priced homes sell in 25 days, the listing agent's job is clear: accurate pricing, professional marketing, and responsive transaction management. These are execution tasks—and you should decide what they're worth.

At $380K, that's $7,555 you keep by choosing flat fee over traditional commission. Same MLS listing. Same buyer exposure. Same professional service.

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Or send your address to matthew@netgain.realty for a property-specific analysis

Data sourced from Midwest Real Estate Data (MRED) MLS. Information deemed reliable but not guaranteed. Data represents recent MLS activity and is provided for informational purposes only. Not a guarantee of future results or property value.

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