Is Libertyville, IL a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Libertyville is a seller's market

Buyer's
Market

Difference Since December 2020

Since last year, Libertyville has remained a Seller's Market.

Key Takeaway

Libertyville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

How much do homes in Libertyville, IL cost?

Median Sold Price

$426,263

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2020

+$11,269(+2.7%)

Key Takeaway

Homes in Libertyville have sold for 2.7% more than they did a year ago.

Median Sold Price By Bedroom Count

# BEDSDec 2020Dec 2021%
1 $182.4K$183.2K
0.4%
2 $222.5K$215K
-3.4%
3 $330K$364.4K
+10.5%
4 $485K$520K
+7.2%
5+ $549.9K$652.5K
+18.6%

Median Sold Price Compared To Nearby Cities

Mundelein
+15.2%
Libertyville Township
+4.4%
Green Oaks
+3.3%
Libertyville
+2.7%

How many homes are available in Libertyville, IL?

Number of Homes For Sale

Nov 2021Dec 2021%
141124-12.1%

Homes For Sale By Bedroom Count

# BEDSNov 2021Dec 2021%
1 21
-50.0%
2 2423
-4.2%
3 2827
-3.6%
4 6854
-20.6%
5+ 1919
0.0%

Number of Homes Sold

Nov 2021Dec 2021%
3230-6.3%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Libertyville, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.

Average Sale Time

Dec 2020Dec 2021%
33 Days34 Days+1.7%

Breakdown of Home Sale Times

17 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Libertyville are selling fast, if you're buying plan to act quickly.

220 Red Top Dr, Libertyville, IL 60048

220 Red Top Dr, Libertyville, IL 60048

$425,000~$1,600/mo.*
4 Beds • 4 Baths3,592 SqFt
Elena Ford#11302752Listing Office:
Baird & WarnerMLS logo
609 Hillcrest Dr, Libertyville, IL 60048

609 Hillcrest Dr, Libertyville, IL 60048

$630,000~$2,350/mo.*
4 Beds • 3 Baths2,376 SqFt
Anne Levinstein#11309638Listing Office:
Baird & WarnerMLS logo
211 Garfield Ave, Libertyville, IL 60048

211 Garfield Ave, Libertyville, IL 60048

$360,000~$1,350/mo.*
3 Beds • 2 Baths1,056 SqFt
Megan Likus#11308938Listing Office:
CompassMLS logo
211 5th St, Libertyville, IL 60048

211 5th St, Libertyville, IL 60048

$450,000~$1,700/mo.*
3 Beds • 4 Baths1,759 SqFt
Daniel Timm#11282087Listing Office:
Baird & WarnerMLS logo
957 Windhaven Rd, Libertyville, IL 60048

957 Windhaven Rd, Libertyville, IL 60048

$544,900~$2,050/mo.*
4 Beds • 3 Baths2,992 SqFt
Jamie Hering#11300488Listing Office:
@propertiesMLS logo
117 N Stewart Ave, Libertyville, IL 60048

117 N Stewart Ave, Libertyville, IL 60048

$499,999~$1,900/mo.*
3 Beds • 3 Baths1,652 SqFt
Mark Higginson#11306286Listing Office:
MBH Realty LLCMLS logo
205 Maple Ave, Libertyville, IL 60048

205 Maple Ave, Libertyville, IL 60048

$855,000~$3,200/mo.*
4 Beds • 5 Baths4,200 SqFt
Carolyn Diesi#11305492Listing Office:
Baird & WarnerMLS logo
1008 Fairlawn Ave, Libertyville, IL 60048

1008 Fairlawn Ave, Libertyville, IL 60048

$285,000~$1,050/mo.*
3 Beds • 2 Baths1,600 SqFt
Anthony Disano#11304118Listing Office:
Parkvue Realty CorporationMLS logo
311 Garfield Ave, Libertyville, IL 60048

311 Garfield Ave, Libertyville, IL 60048

$335,000~$1,250/mo.*
3 Beds • 1 Bath1,416 SqFt
Therese Schaefer#11304231Listing Office:
Berkshire Hathaway HomeServices ChicagoMLS logo
121 4th St, Libertyville, IL 60048

121 4th St, Libertyville, IL 60048

$569,900~$2,150/mo.*
3 Beds • 3 Baths1,900 SqFt
Laurena Mikosz#11303720Listing Office:
Chase Real Estate LLCMLS logo
190 Red Top Dr, Libertyville, IL 60048

190 Red Top Dr, Libertyville, IL 60048

$524,900~$2,000/mo.*
3 Beds • 4 Baths2,143 SqFt
Marco Amidei#11303389Listing Office:
RE/MAX SuburbanMLS logo
808 Maywood Ct Unit 2C, Libertyville, IL 60048

808 Maywood Ct Unit 2C, Libertyville, IL 60048

$450,000~$1,700/mo.*
2 Beds • 3 Baths2,622 SqFt
Kevin Terry#11296157Listing Office:
CompassMLS logo

About Libertyville, IL

Libertyville, IL has 124 homes on the market. The number of homes for sale in Libertyville, IL decreased by 12.1% between November 2021 and December 2021. In December 2021 median list price was $426,263 and the average listing age was 34 days. This housing market listing prices have changed between November 2021 and December 2021: prices of 1 bedroom properties went up by 0.4%, 2 bedrooms properties became 3.4% more cheaper, prices of 3 bedrooms properties went up by 10.5%, prices of 4 bedrooms properties went up by 7.2%, prices of 5 bedrooms properties increased by 18.6%. Volume of homes for sale changed: volume of 1 bedroom homes went down by 50%, the quantity of 2 bedrooms homes went down by 4.2%, 3 bedrooms homes became 3.6% less available, 4 bedrooms homes inventory decreased by 20.6%, the quantity of 5 bedrooms homes have not changed. In December 2021 more than 4 listings in Libertyville, IL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 22 were sold below.

MLS Disclaimers and Copyright

Based on information from Midwest Real Estate Data for the period 01/01/2020 - 01/01/2022

IDX Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2022 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 1/24/2022, 12:15:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Related Housing Market Reports