What is the median home value in Libertyville Township, IL?

The median value of owner-occupied homes in Libertyville Township, IL is $461,700 (±$12,795), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Libertyville Township, the median home value went from $384,900 in 2015–2019 to $461,700 in 2020–2024 (+20.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$461,700 (±$12,795)
Owner-occupied homes
14,959 (±546)
Most common range
$500,000 to $999,999

Home values in Libertyville Township

Owner-occupied homes by value, 2020–2024
ValueLibertyville TownshipLake CountyIllinoisUnited States
Less than $50,0000.9% (±0.4 points)3.0%5.4%5.3%
$50,000 to $99,9990.9% (±0.6 points)1.5%8.3%6.1%
$100,000 to $149,9991.5% (±0.6 points)4.7%9.7%6.8%
$150,000 to $199,9995.2% (±1.3 points)11.0%11.8%9.0%
$200,000 to $299,99917.7% (±2.3 points)21.7%22.3%17.8%
$300,000 to $499,99931.0% (±2.5 points)31.4%27.7%26.9%
$500,000 to $999,99936.2% (±2.7 points)21.4%12.1%20.9%
$1,000,000 or more6.5% (±1.1 points)5.4%2.7%7.1%

The most common range is $500,000 to $999,999, 36.2% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Libertyville Township against Lake County, its state and the nation

Estimate (90% margin of error)
Libertyville TownshipLake CountyIllinoisUnited States
Median home value$461,700 (±$12,795)$345,700 (±$3,502)$263,300 (±$797)$332,700
Owner-occupied homes14,959 (±546)193,403 (±1,802)3,378,910 (±14,728)84,210,142

In Libertyville Township, the median home value is higher than in Lake County ($345,700).

It is also higher than in Illinois ($263,300).

It is higher than the national figure ($332,700).

In Lake County, Libertyville Township ranks 24 of 71 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 71 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Libertyville Township have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$384,900 (±$11,818)$461,700 (±$12,795)+20.0%No measurable change after inflation
Median owner cost with a mortgage$2,610 (±$97)$2,985 (±$143)+14.4%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Libertyville Township

Nearest places with a published estimate, compared with Libertyville Township
PlaceDistanceMedian home valueCompared with this place
Libertyville Township—$461,700 (±$12,795)—
Libertyville1.1 mi$512,000 (±$27,432)Higher
Green Oaks2.1 mi$673,100 (±$31,296)Higher
Mettawa3.1 mi$871,500 (±$173,516)Higher
Knollwood3.4 mi$393,000 (±$44,821)Lower
Vernon Hills3.5 mi$412,300 (±$14,791)Lower
Mundelein3.7 mi$309,700 (±$17,095)Lower
Indian Creek4.3 mi$450,800 (±$13,499)Not measurably different
Shields Township4.5 mi$620,800 (±$73,023)Higher

Nearby places with a measurably lower figure: Knollwood, IL ($393,000), Vernon Hills, IL ($412,300), Mundelein, IL ($309,700).

Nearby places with a measurably higher figure: Libertyville, IL ($512,000), Green Oaks, IL ($673,100), Mettawa, IL ($871,500).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Lake County, place by place

RankPlaceMedian home value
18Cuba Township$564,300 (±$23,158)
19Ela Township$538,700 (±$18,710)
20Libertyville$512,000 (±$27,432)
21Tower Lakes$510,300 (±$51,239)
22Vernon Township$488,400 (±$10,021)
23Lake Barrington$475,700 (±$36,709)
24Libertyville Township$461,700 (±$12,795)
25Indian Creek$450,800 (±$13,499)
26Old Mill Creek$450,000 (±$126,473)
27Lake Zurich$435,300 (±$9,435)
28 (tie)Buffalo Grove$412,300 (±$11,795)
28 (tie)Vernon Hills$412,300 (±$14,791)
30Highwood$405,400 (±$120,494)

Showing 13 of 71 places in Lake County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Libertyville Township

What is the average home value in Libertyville Township, IL?

The Census Bureau publishes the median: $461,700 (±$12,795) for owner-occupied homes in Libertyville Township (2020–2024 American Community Survey).

Have home values in Libertyville Township gone up?

In Libertyville Township, the median home value went from $384,900 in 2015–2019 to $461,700 in 2020–2024 (+20.0%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Libertyville Township sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Libertyville township, Lake County, Illinois (county subdivision:43263, in state:17 county:097).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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